Can we extend the AU Bank FD?

It is easy to extend the investment tenor of AU Bank FD. Automatic renewal facility for equal period is available for AU Bank FDs. Else, you can extend your FD online as well as by submitting a physical application that specifies the duration.

Can I get a loan against my AU Bank FD?

AU Bank offers a loan against FD via an overdraft facility. Using this you can use a percentage of your FD amount to meet your immediate requirements and repay the amount over the course of a predetermined period in EMIs. The percentage of overdraft and repayment tenor are finalised on a case to case basis after discussion with the bank’s representative.

What are the common types of forms for an AU Bank FD Account?

When you open an AU Bank FD, you simply need to submit your details in the account opening form and submit the relevant documents. If you would like to avoid getting TDS deducted then you need to submit form 15G (for non-senior citizens) and 15H (for senior citizens).

What is the AU Bank Tax Saving Fixed Deposit?

The 5-year Tax Saving Fixed Deposit offered by AU Bank offers tax benefits of ₹ 1.5 Lakhs under the section 80C of the Income Tax Act. It is important to note that this FD comes with a 5 years lock-in without the option of a premature withdrawal.

Is TDS deducted on AU Bank FD?

The interest earned on an FD is considered as income from another source and is deemed taxable. The bank is mandated to deduct 10% TDS on it. However, if your income does not fall in the taxable bracket, then you can avoid TDS deduction by submitting form 15 G to the bank. In case of senior citizens, form 15 H will need to be submitted. You can use the AU Bank FD calculator to understand your annual returns and calculate the tax liability accordingly.

Is there any nomination facility under the AU Bank FD account?

Yes, you can add a nominee to your AU Bank FD. This can be done online or by submitting a physical form to the branch office.

Is there any credit card facility under the AU Bank FD plan?

Since having an FD makes you an existing customer, you can request for an AU Bank credit card by simply furnishing your identity proof. You will be required to visit a branch for this

What is the highest interest rate on fixed deposits offered by AU Bank?

AU Bank FD rates are quite attractive as compared to competitors. Non-senior citizens can get a maximum rate of 7.5% while senior citizens can get a maximum of 8%. The rate is applicable for FD tenors from 24 months and 1 day to 45 months. Use the AU Bank FD calculator to understand the absolute returns for your invested amount.

What is the minimum amount to start a fixed deposit with AU Bank?

You can start an AU Bank fixed deposit with a minimum principal amount of ₹ 1000.

AU Small Finance Bank is a reputed scheduled commercial bank. Not only are the bank’s FD plans free from market volatility, they are also insured by the Deposit Insurance and Credit Guarantee Corporation (DICGC), for added safety.

Can a customer open an FD account online with AU Bank?

Opening an online FD with AU Bank is very convenient and quite easy to do. This can either be done through your netbanking account (for existing customers), through the bank’s mobile app AU 0101 App, or even via video banking facility offered by the bank. The steps for opening an online FD are provided in an earlier section of this article.

AU Small Finance Bank FD

A stable and low-risk investment option, ensuring steady returns on your savings over a fixed tenure

Invest Now In FD

Book your FD in 4 simple steps

Earn assured returns up to 8.50% p.a.* with AU Small Finance Bank Fixed Deposits Invest Now

For risk-averse investors, the fixed deposit has proven to be a reliable vehicle to park surplus funds and create wealth. With issuers such as AU Small Finance Bank, you can start investing efficiently by choosing from many FD options available. Moreover, the AU Small Finance Bank FD allows you to choose a flexible tenor.

You can choose from the many options based on your investing strategy, goals, and investor profile. For regular deposits, you can get up to 8.00% p.a. interest with an additional interest rate of 0.50% for senior citizens.

Read on to learn more about the latest AU Small Finance Bank FD rates, features and benefits, eligibility required, and more.

About AU Small Finance Bank FD

AU Small Finance Bank bagged the banking license in 2015 and received the scheduled bank status on November 1, 2017. Since then, the bank has built a strong customer base and remains one of the leading and trustworthy retail banks.

The bank caters to a diverse range of financial requirements, from investment products to credit options. AU Small Finance Bank FD is an investment product offering attractive interest rates to senior citizens and other investors, helping them earn potential returns.

AU Small Finance Bank FD Interest Rates

FD interest rates are calculated depending on tenure, deposit amount, customer age, etc. Here are the interest rates applicable to AU Small Finance Bank FDs -

For Fixed Deposits Less Than ₹2 Crores

Applicable Interest Rates on Fixed Deposits w.e.f. August 16, 2023

Tenure	Interest rates (p.a.)	Interest rates for Senior Citizens (p.a.)
7 Days – 1 Month 15 Days	3.75%	4.25%
1 Month 16 Days – 3 Months	4.25%	4.75%
3 Months 1 Day – 6 Months	5.00%	5.50%
6 Months 1 Day – 12 Months	6.75%	7.25%
12 Months 1 Day – 15 Months	7.75%	8.25%
15 Months 1 Day – 18 Months	7.50%	8.00%
18 Months 1 Day – 24 Months	7.50%	8.00%
24 Months 1 Day – 36 Months	8.00%	8.50%
36 Months 1 Day – 45 Months	7.75%	8.25%
45 Months 1 Day – less than 60 Months	7.25%	7.75%
60 Months – 120 Months	7.25%	7.75%

Disclaimer: Note that these AU Small Finance Bank Fixed Deposit rates are effective as of August 16 2023, and are applicable on domestic and NRE/NRO term deposits up to ₹2 Crores. ** For NRE Fixed Deposit: tenures of 12 months 1 day & above are applicable. They are subject to change at the issuer’s discretion.

Types of FDs from AU Small Finance Bank

Here are different types of FDs you can choose from:

Regular Fixed Deposits

Enjoy high interest rates with a regular deposit account to grow your wealth
Option to add beneficiary to claim the deposit on your behalf in the case of an unfortunate event
Premature withdrawal is allowed

Choose between monthly, quarterly, or annual payout options

5-Year Tax Saving Fixed Deposits

Earn high interest rates and enjoy tax benefits on your cumulative interest income
A mandatory lock-in period of 5 years
Avail tax exemption of up to ₹1.5 Lakhs under section 80C of the Income Tax Act, 1961

Features and Benefits

Competitve Interest Rates

Attractive interest rates of up to 8.50%* p.a.

Flexible Tenors

Choose from flexible tenor options ranging from 7 days to up to 10 years

Multiple Payout Options

Option to choose between monthly, quarterly, annual and cumulative interest payout modes

Low Minimum Deposit Amount

Book your FD online with a investment amount as low as of ₹1,000

Eligibility and Documents Required

You must meet the required eligibility criteria before applying for an AU Small Finance Bank Fixed Deposit. You are eligible if you are:

Above the age of 18 years
An Indian resident, NRI or a member of Hindu Undivided Family
A Partnership firm, Sole Proprietorship firm, Limited Company, or Trust

You can easily apply online with minimal KYC documentation if you fit the eligibility criteria. Here is the list of documents you are required to submit to book an AU Small Finance Bank FD.

Proof of identity, including your Aadhaar card, PAN card, Driving license, Voter ID, or Passport
Proof of address, including your Aadhaar card, Passport
Latest passport-size photograph

Book an AU Small Finance Bank Fixed Deposit from anywhere to get higher returns. You can also get your interest paid periodically and generate a steady income. Payout options include monthly, quarterly, and at maturity.

However, you can also compare interest rates offered by other issuers to invest wisely. To start investing in the AU Small Finance Bank FD, visit Bajaj Markets for an easy and hassle-free online digital investment process.

Fixed Deposit Rates for Other Banks
SBI FD Interest Rates	ICICI Bank FD Rates	Canara Bank FD Rates
Axis Bank FD Rates	PNB FD Interest Rates	Union Bank FD Rates
HDFC FD Interest Rates	Indusind Bank FD Rates	Bank of Baroda Fixed Deposit Interest Rate
Bandhan Bank FD Rates	Indian Bank FD Rates	Federal Bank FD Rates
Kotak Bank FD Rates	Bank of India FD Rates	Karnataka Bank FD Interest Rates
IDFC First Bank FD Rates	RBL FD Rates	UCO Bank FD Rates
Central Bank FD Interest Rate	IOB FD Interest Rates	Ujjivan Bank FD Rates
IDBI FD Interest Rates	Punjab and Sind Bank FD Rates	DCB Bank FD Rates
Bank of Maharashtra FD Rates	KVB FD Interest Rates	Utkarsh Small Finance Bank FD Rates
Saraswat Bank FD Rates	YES Bank FD Rates	-

Disclaimer

The information provided by BFDL herein above is related to the Non-Partnered Banks/ NBFCs and is just for the purpose of information and under no circumstances the information provided hereinabove is intended to be source of advice or recommending any financial investment advice or endorsement of any sort.

The information including interest rates with regard to fixed deposit, provided on this website is gathered through publicly available sources over the internet and is considered as accurate and reliable to the best of our knowledge. BFDL disclaims any responsibility or liability regarding inaccuracies, omissions, mistakes etc. as well as offers by the Non-Partnered Banks. The use of information set out is entirely at the User’s own risk and User should exercise due care prior taking of any decision, on the basis of information mentioned hereinabove. You are advised to visit/ contact the respective Banks/ NBFCs to verify the information before making any investment or opening an account. Further, BFDL does not undertake any responsibility or liability to update this information. YOU ARE SOLELY RESPONSIBLE FOR ANY LIABILITY OR DAMAGE YOU INCUR THROUGH ACCESS TO OR USE OF THE SITE OR SUCH INFORMATION OR MATERIALS EXCEPT WHERE THE LAWS AND REGULATIONS OF A PARTICULAR JURISDICTION CONCERNING WARRANTIES CANNOT BE WAIVED. Additionally, display of any trademarks, tradenames, logo and other subject matters of intellectual property owners. Display of such Intellectual Property along with the related product information does not imply BFDL’s partnership with the owner of the Intellectual Property of such products.

You can start investing in a Fixed Deposit with a minimum investment of ₹1,000. There is no maximum amount in regular fixed deposits. The maximum tax savings fixed deposit amount is ₹1.50 lakh per financial year.

TDS is mandatory on annual interest earnings over ₹40,000 for regular investors and ₹50,000 for senior citizens.

Yes. In case of an emergency, you can withdraw your FD before maturity.