Fixed Deposit Patna - FD Interest Rates, Calculator - Wishfin

Fixed Deposit Patna

About Patna

The capital of Bihar state and second largest metropolis city in eastern India, Patna has been a hub of agricultural and trade activities. It is a significant business and luxury brand centre of Eastern India. The city has witnessed a sustainable growth due to expanding consumer goods industry, service sectors and green revolution businesses. In 2009, Patna was declared the second best city in India to start up a business by the World Bank. It is the 21st fastest growing city in the world and fifth fastest growing city in India.

About Fixed Deposit

Fixed deposit is considered one of the best mode of investment by the people planning to receive fixed and regular returns. It is a one-time investment plan that yields good interest after a stipulated period of time. By selecting the desirable interest payout frequency the borrower can receive a regular income or can reinvest the interest amount along with the initial deposit amount. The yield will be calculated on the new principal amount formed after adding the interest of the previous interval. The entire amount including the principal and interest is paid off at the maturity of the deposit plan.

Fixed Deposit Patna 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 AddressFD Rate of Interest
State Bank Of IndiaWest Gandhi Maidan, Patna, Bihar 8000012.90% - 6.20%
Bimla Sadan, Holding No # 801 / 432, Ward No # 37, Exhibition Road, Patna - 800001, Bihar2.50% - 6.25%
H - 39 Doctors Colony, Kankarbagh, Patna 8000202.50% - 6.30%
Axis BankAket Towers, S P Verma Road, Patna-800001
2.50% - 6.50%
Punjab National Bank
Danapur Cantt, Distt. Patna Bihar
2.90% - 5.75%
Bank of India

Patna Main, Fraser Road, Post Box No. 166, Patna City, 800001, Bihar2.85% - 5.55%
Bank of Baroda
Bailly Road, Ashiana More, Patna, Bihar - 800014
2.90% - 6.30%
Central Bank Of India
Laxmi Complex, Boring Road, Patna2.75% - 5.50%
Yes Bank
Grnd N Mezzanine Flr, Unit No 201 2 Flr, Rajendra Ram Plaza, Plt No 875 Hldg No 373, Crcl No 6, Exhibition Rd Patna Bihar 8000013.25% - 7.25%
IDBI BankKashi Place Complex, Daak Bungalow Road, OPP Heera Place, Patna
2.90% - 5.90%

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