Safe, Secure & High Yield Fixed Deposits

Lock in a high interest rate and watch your savings grow securely without being affected by market fluctuations. Choose the tenure that fits your future goals perfectly.

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Upto 7.5%
Interest p.a. for Senior Citizens

Why Choose MRB Fixed Deposits?

Rupee

High Returns

Enjoy highly competitive interest rates that guarantee robust growth for your life savings, regardless of market volatility.

Flexible Tenure

Choose investment periods starting from a quick 7 days up to a secure 10 years based on your immediate or long-term financial plans.

Senior Citizen Bonus

We respect our elders. Senior citizens automatically earn an additional 0.50% interest over standard public rates on all tenures.

Loan Facility

Need urgent funds? Avail a quick, low-interest loan or overdraft up to 90% of your deposit value without breaking your FD.

Important Policies

  • Premature Withdrawal: Allowed with a nominal penalty (usually 1%), except for Tax-Saver FDs which have a strict 5-year lock-in.
  • Auto-Renewal: Upon maturity, your deposit and interest can be automatically rolled over for the same tenure at the prevailing interest rate.
  • Tax Deductions (TDS): If your interest income exceeds ₹40,000 in a financial year (₹50,000 for Senior Citizens), TDS is applicable. Submit form 15G/15H to avoid TDS if eligible.
  • Deposit Insurance: Your deposits are insured up to ₹5,00,000 by DICGC (Deposit Insurance and Credit Guarantee Corporation).

Who Can Invest?

  • Individuals: Sole or joint accounts (up to 3 distinct individuals).
  • Minors: Operated by their natural or legally appointed guardian.
  • Organizations: Trusts, Clubs, Societies, and Associations with valid incorporation documents.
  • Businesses: Proprietorships, Partnership firms, and Corporate Bodies (requires PAN and resolution documents).

Ready to start earning?

Our Fixed Deposits offer the perfect balance of excellent yields, liquidity, and security for your hard-earned money.

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