About FDs
Basic questions about FDs
You can add another bank details in Kuvera for your future FD orders. To change the bank details in the existing FDs with our FD issuer, you can send an e...
Thu, 14 Mar, 2024 at 11:31 PM
You would need to be CKYC compliant in order to start investing in Fixed Deposits. If you are not CKYC compliant, then you will be able to do the same with ...
Thu, 14 Mar, 2024 at 9:27 PM
Yes, senior citizens (aged above 60 years) may qualify for additional interest rates based on the offerings provided by the FD issuer.
Thu, 14 Mar, 2024 at 9:34 PM
Form 15G/H can be used by individuals having an annual income below the taxable limit. Submitting it to the FD provider helps in preventing TDS deduction fr...
Wed, 6 Oct, 2021 at 2:30 PM
No, you can use an existing bank account that is supported on the platform. You do not need a separate bank account with the FD provider.
Tue, 19 Apr, 2022 at 6:26 PM
A Fixed Deposit is a savings option that helps you earn interest on your money saved with a bank or NBFC. The interest rate in FDs is typically higher than ...
Wed, 6 Oct, 2021 at 2:35 PM
Setup an FD online by going to invest -> FD -> choose the NBFC/Bank as per the tenure you want. If you are not onboarded, we will ask you to onboard ...
Tue, 10 Oct, 2023 at 3:56 PM
Processing an FD order takes around 1-2 business days depending on the FD provider. If you are not CKYC compliant then the same will also have to be compl...
Wed, 6 Oct, 2021 at 2:28 PM
Depending on the FD provider, tenure duration can vary between 3 months to 5 years.
Thu, 14 Mar, 2024 at 9:24 PM
In a ‘Cumulative’ fixed deposit, the interest is payable at the time of maturity along with the principal. The interest is compounded annually in this opti...
Wed, 6 Oct, 2021 at 2:26 PM