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Progressive Finance Limited

Fixed Deposit

A fixed deposit (FD) is a financial instrument provided by banks or NBFCs which provides investors a higher rate of interest than a regular savings account, until the given maturity date.
A single deposit, invested for a fixed period, at a guaranteed, fixed rate of interest. Our Fixed Deposit account offers a range of investment periods and guaranteed interest rates to suit your exact needs. Whether short or long term, for 3 months or more than 2 years, we will provide you with the reasonable interest rates throughout the agreed investment period.
A fixed deposit is a good choice to save for wealth creation, retirement and education.

A. Personal (Effective from 2080.10.01

TenureMonthlyQuarterlyYearlyOn Maturity
3 Months8.70%8.70%
6 Months8.80%8.80%
9 Months8.90%8.90%
1 Years to 2 Years9.00%9.00%
Above 2 Years9.50%9.50%
Note : Can apply for loan upto 90% of the amount deposited.

B. Institutional (Effective from 2080.10.01)

TenureMonthlyQuarterlyYearlyOn Maturity
6 Months6.80%6.80%
9 Months6.90%6.90%
1 Year to 2 Years7.00%7.00%
Above 2 Years7.50%7.50%
Note : Can apply for loan upto 90% of the amount deposited.