Fixed Deposit Lucknow - FD Interest Rates, Calculator - Wishfin

Fixed Deposit Lucknow

About Lucknow

Lucknow is a major metropolitan city of India. Known as the land of Nawabs, it is among the top 15 cities of India by GDP. It is the sixth largest job-creating cities. Formerly, Lucknow’s economy was based on the tertiary sector with majority of the workforce engaged in government jobs. There are few large-scale industries in the city. With IT industries setting a firm ground in the soil it has become a hub of IT industry as well. Even the textile industry is on the bloom. The manufacturing, processing and medical industries have also contributed to the economic growth of the place.

About Fixed Deposit

In Fixed Deposit, the interest rates vary according to the tenure of deposit. The candidates can select the investment period that suits their financial requirement the most. Also, there is no predetermined maximum investment limit. So, the holder is free to deposit as much he/she desires to. The return is calculated on the deposited amount and is rolled out either at the maturity of the plan or at the frequency determined by the depositor. The holder can renew the deposit if he/she doesn’t require the amount instantly.

Fixed Deposit Lucknow in a nutshell

Interest Rate3.00% - 9.25%
Minimum Investment Amount₹ 1,000
Tenure7 days – 10 years

Fixed Deposit Eligibility Criteria

Following are the entities which are eligible for availing fixed deposit schemes:

  • Individuals

  • Hindu Undivided Families (HUFs)

  • Minor represented by parents/guardian

  • Associations

  • Clubs

  • Trusts

  • Sole proprietorship firms

  • Partnership firms

  • Limited Companies

Documents Required For The Fixed Deposit


An Individual, Hindu Undivided Family, Sole Proprietorship Concern
ID Proof – Passport, PAN Card, Driving Licence, Voter ID, Government ID Card, Senior Citizen ID Card
Address Proof - Telephone Bill, Electricity Bill, ID Card Issued by Post Office, Bank Statement with Cheque,
A photograph
Copy of the Trust Deed
Copy of the registration certificate
Copy of the Resolution of the Trustees authorizing the members concerned to open and operate the account
Photographs of the members operating the account
By-laws of the Association
Copy of the Resolution by the board authorizing the members concerned to open and operate the account
Photographs of the members operating the account
Partnership Firm
Partnership Deed
Letter from partners approving the persons concerned to open and operate the account
Photographs of the persons operating the account
Public or Private Limited CompaniesBoard Resolution / Authority Letter
Memorandum & Articles of Association
Certificate of Incorporation
Certificate of Commencement of Business (Public Limited Company)
Form 32 in case list of directors are not original subscribers to Memorandum & Articles of Association (in case of Private Limited Cos) Duly acknowledged by ROC
Governing Act / Rules and Regulations(PSUs) (certified true copy)

Top Banks Fixed Deposit Interest Rate and Address

Banks NameMain Branch AddressRate of Interest
State Bank Of IndiaTarawali Kothi Motimahal Marg, Hazratganj, Lucknow, Uttar Pradesh-2260012.90% - 6.20%
HDFC Bank Ltd., 31/31 M.G Road Hazratganj, Lucknow, Uttar Pradesh-2260012.50% - 6.25%
No. 14A, Shakutalam Plaza, Kanpur Road, Bara Birwa, Alambagh, Lucknow, Uttar Pradesh-2260052.50% - 6.30%
Axis BankHalwasiya House,11 M.G. Marg,Hazratganj, Lucknow, Uttar Pradesh-2260012.50% - 6.50%
Punjab National Bank
4, Vibhuti Khand, Opp Picup Building, Gomti Nagar, Lucknow, Uttar Pradesh-2260102.90% - 5.75%
Bank of India

Star House, Vibhuti Khand, Gomti Nagar, Lucknow, Uttar Pradesh-2260102.85% - 5.55%
Canara Bank
39, Aditya Bhavan, Aminabad, Lucknow 2260182.90% - 5.75%
Central Bank Of India
P.B. No-10, Akash Deep, 23, Vidhan Sabha Road DIST- Lucknow, Uttar Pradesh-2260012.75% - 5.50%
IDBI BankIDBI Bank, 3rd Floor, Regional Office, Kisan Sahkari Bhavan, 2 M.G Marg, Hazratganj, Lucknow, Uttar Pradesh- 2260012.90% - 5.90%
Yes BankGround Floor, Shop No. 12, Tulsi Complex, Rani Laxmibai Marg, Hazratganj, Lucknow, Uttar Pradesh 226001
3.25% - 7.25%

Personal Loan Interest Rates March 2024
HDFC Bank10.75% - 14.50%
ICICI Bank10.75% - 19.00%
IndusInd Bank10.25% - 26.00%
Kotak Bank10.99%
RBL14.00% - 23.00%
SMFG India Credit12.00% - 24.00%
Standard Chartered Bank11.49%
Tata Capital10.50% - 24.00%
Home Loan Interest Rates March 2024
Axis Bank8.75% - 9.15%
Bank of Baroda8.50% - 10.60%
Citibank8.75% - 9.15%
HDFC8.50% - 9.40%
ICICI Bank9.00% - 9.85%
Indiabulls Housing Finance Limited8.65%
Kotak Bank8.70%
LIC Housing8.50% - 10.50%
Piramal Capital & Housing Finance10.50%
PNB Housing Finance8.50% - 10.95%
Reliance Home Finance8.75% - 14.00%
State Bank of India/SBI9.10% - 9.65%
Tata Capital8.95% - 12.00%