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Digital Fixed Deposits for Senior Citizens
At Ujjivan SFB, we believe that retirement is an opportunity to continue building your wealth, not a time to put your financial aspirations on hold. Explore our trusted fixed deposit solutions where you can continue to nurture your wealth, ensuring that it not only lasts but thrives!
Top Benefits of our Digital FDs
Minimal Requirements
Aadhaar card
PAN Card "Physical PAN required for VKYC"
Mobile number linked with Aadhaar
FD Calculator
Find out the interest you will earn on your Fixed Deposits and plan your investments better!
Min ₹1000Max ₹2.99Cr
YY
MM
DD
* At Maturity to be selected for tenure <= 180 Days
Latest Interest Rates
Below mentioned are the Interest Rates with effective from 22nd June 2025
| Tenure | Interest Rate |
|---|---|
| 7 days to 29 days | 3.50% |
| 30 days to 89 days | 4.15% |
| 90 days to 179 days | 4.65% |
| 180 days | 6.00% |
| 6 months to < 1 year | 5.50% |
| 1 Year to < 2 years | 7.25% |
| 2 Years | 7.80% |
| 2 Year 1 day - 3 Year | 7.25% |
| 3 Year 1 Day – 3 year 6 months | 7.55% |
| >3 Year 6 months- 5 Years | 7.20% |
| 5 years 1 day | 7.30% |
| 5 Years 2 Days - 10 Years | 6.50% |
| Additional Interest Rate for Senior Citizens | 0.50% |
Can I open a Digital Fixed Deposit?
Are you a new customer?
You should be a resident individual of 18 years of age or above to open an Online FD.
You will need the following documents: Aadhaar Card, PAN Card and mobile number linked to your Aadhaar Card.
Are you an existing customer?
You can book an FD instantly online from any of your bank account.
Frequently Asked Questions
About Digital Fixed Deposits
A Fixed Deposit is a type of account offered by banks where an investor can deposit a lump sum of money for a fixed period of time and earn a guaranteed rate of interest. The fixed deposit tenure can range from a few days to several years, and the interest rate is typically higher than that offered on savings accounts.
At the end of the fixed deposit tenure, the investor can withdraw the principal amount along with the interest earned or renew the fixed deposit for another term.
Fixed deposits are considered to be a safe investment option as they are backed by the deposit insurance guarantee scheme of the Reserve Bank of India, which provides insurance coverage of up to ₹5 lakhs per depositor per bank.
A digital fixed deposit is a type of fixed deposit that can be opened and managed online through a digital platform provided by the bank. It is a paperless alternative to traditional fixed deposits, which require physical documents and in-person visits to the bank.
Digital FDs are great for anyone who wants a safe and secure avenue of investment that they access from anywhere through any device - their laptop or their mobile!
They are non-market-linked instruments and are ideal for Guaranteed returns who want to build a corpus for their future, beat inflation, and keep their money safe from market fluctuations.
Fixed deposits are considered to be a safe investment option as they are backed by the deposit insurance guarantee scheme of the Reserve Bank of India, which provides insurance coverage of up to ₹5 lakhs per depositor per bank.
About Ujjivan SFB's Digital Fixed Deposits
A Senior Citizen is any individual aged 60 years and above.
Ujjivan Bank offers additional benefits to Senior Citizens, i.e. those who are 60 years of age or older. If you are a Senior Citizen you can earn an additional 0.50% with our Digital Fixed Deposits!
You can open a Digital FD as long as
You are a resident Indian of 18 years above to open as Online FD
You have a valid Aadhaar and PAN Number
You have a working mobile number linked to Aadhaar
No, you can open a digital FD without having a Ujjivan Bank savings account. You may use your existing savings bank account from any other bank to fund your Digital FD.
The minimum amount needed to open a digital fixed deposit with Ujjivan Bank is ₹1,000.
The maturity range for Digital Fixed Deposits is very flexible. Investors can choose from maturity periods as less as 6 months and as high as 10 years.
The Digital Fixed Deposit interest rates do not vary from the standard Fixed Deposit interest rates.The interest rates depend on the tenure of the Digital Fixed Deposit.
Go to our Latest Interest Rates section to check out the interest rates that are applicable for various tenures.
With our Digital Fixed Deposits, you can choose from the following interest payout options -
Quarterly
At Maturity (compounded quarterly)
Opening a Digital Fixed Deposit is easy! Just keep your Aadhaar Card, PAN Card and the mobile number linked to your Aadhaar Card handy!
Opening a Digital Fixed Deposit is a completely online process. It involves 5 steps and takes just a few minutes!
Step 01
Enter your mobile number, PAN and Aadhaar
Step 02
Enter Deposit details and complete the payment
Step 03
Provide personal details
Step 04
Complete video KYC (08:00 AM To 08:00 PM)
Step 05
Receive FD receipt and maximize your returns!
Yes, premature withdrawal is allowed in Digital FDs through our branches with penalty as applicable. For more details on premature withdrawal you can connect with us on Toll Free Number - 1800 208 2121
The way our Digital FDs work is simple. When your Digital FD matures, the principal deposit amount and the interest accumulated get credited to your chosen savings account.
Video KYC will be available from 8 AM to 8 PM.
More on Ujjivan SFB's Digital Fixed Deposits
Yes, you can book additional FDs once the first FD is booked.
To open a Digital Fixed Deposit account, you can pull funds from other banks via Debit Card and Net Banking.