The bank offers 8.61% interest for the general public and 9.21% for senior citizens on a 750-day FD.

Can one unlock the benefits of an FD without navigating the labyrinth of opening a savings account?Ījinkya Kulkarni, Co-Founder and CEO of Wint Wealth, says, “Several SFBs, such as Fincare, Shivalik, Utkarsh, and Suryoday, allow you to book an FD without opening a savings account.” You can complete your KYC on Wint Wealth in 3-5 minutes and instantly book an FD of Fincare Small Finance Bank without opening a bank account. In a world where managing multiple bank accounts has become the norm, the prospect of adding yet another account acts as a deterrent for many potential investors. The promise of higher returns, however, comes with a caveat-a seemingly formidable hurdle in the form of mandatory account openings.

Consider the scenario where giants like SBI and HDFC Bank are offering a one-year FD at 6.8% and 6.60%, Utkarsh SFB and Shivalik SFB are offering 1 year FD at 8 and 8.1%, respectively.

Fixed deposit hdfc bank india