Digital Fixed Deposits for Senior Citizens
At Ujjivan SFB, we believe that retirement is an opportunity to continue building your wealth, not a time to put your financial aspirations on hold. Explore our trusted fixed deposit solutions where you can continue to nurture your wealth, ensuring that it not only lasts but thrives!
Key Features of our Digital FDs
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Open a standalone FD. No Savings Account needed!
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Paperless and secure
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Multiple payout options - quarterly and At maturity
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FD advice delivered to your email ID.
Top Benefits of our Digital FDs
Trusted bank.
Book instantly online.
High interest rates.
Additional interest rate on Senior Citizen FDs.
Premature withdrawals after 6 months – no penalties!
Access any of our branches across 26 states and UTs
Minimal Requirements
Aadhaar card
PAN card
Mobile number linked with Aadhaar
FD Calculator
Min ₹1000
Max ₹2.99Cr
Investment Summary
Invested Amount
₹ 1,000
Interest Earned
₹10,126
Interest Per Quarter
Interest Per Month
Maturity Value*
₹90,126
( Interest rates are indicative and for calculation only. Interest may be subject to TDS recovery and maturity amount may vary due to TDS impact )
How to apply
Step 01
Enter your mobile number, PAN and Aadhaar
Step 02
Enter Deposit details and complete the payment
Step 03
Provide personal details
Step 04
Complete video KYC (08:00 AM To 08:00 PM)
Step 05
Receive FD receipt and maximize your returns!
Latest Interest Rates
Below mentioned are the Interest Rates with effective from 05th Aug 2025
| Tenure | Interest Rate |
|---|---|
| 7 days to 29 days | 3.50% |
| 30 days to 89 days | 4.15% |
| 90 days to 179 days | 4.65% |
| 180 days | 6.00% |
| 6 months to < 12 months | 5.50% |
| 12 months to < 24 months | 7.25% |
| 24 months | 7.45% |
| 24 months 1 day to 990 days | 7.25% |
| 991 days to 60 months | 7.20% |
| 60 months 1 day to 120 months | 6.50% |
For Resident
Senior Citizens
7.95%*p.a.
(For a tenure of 24 months)
Can I open a Digital Fixed Deposit?
Are you a new customer?
Are you an existing customer?
Frequently Asked Questions
About Digital Fixed Deposits
What is a Fixed Deposit?
A Fixed Deposit is a type of account offered by banks where an investor can deposit a lump sum of money for a fixed period of time and earn a guaranteed rate of interest. The fixed deposit tenure can range from a few days to several years, and the interest rate is typically higher than that offered on savings accounts.
At the end of the fixed deposit tenure, the investor can withdraw the principal amount along with the interest earned or renew the fixed deposit for another term.
Fixed deposits are considered to be a safe investment option as they are backed by the deposit insurance guarantee scheme of the Reserve Bank of India, which provides insurance coverage of up to ₹5 lakhs per depositor per bank.
What is a Digital Fixed Deposit?
A digital fixed deposit is a type of fixed deposit that can be opened and managed online through a digital platform provided by the bank. It is a paperless alternative to traditional fixed deposits, which require physical documents and in-person visits to the bank.
Who should invest in a Digital Fixed Deposit?
Digital FDs are great for anyone who wants a safe and secure avenue of investment that they access from anywhere through any device - their laptop or their mobile!
They are non-market-linked instruments and are ideal for Guaranteed returns who want to build a corpus for their future, beat inflation, and keep their money safe from market fluctuations.
Is there any risk with Digital FDs?
Fixed deposits are considered to be a safe investment option as they are backed by the deposit insurance guarantee scheme of the Reserve Bank of India, which provides insurance coverage of up to ₹5 lakhs per depositor per bank.
About Ujjivan SFB's Digital Fixed Deposits
Who is a Senior Citizen?
A Senior Citizen is any individual aged 60 years and above.
Does Ujjivan Bank offer Senior Citizen Fixed Deposits?
Ujjivan Bank offers additional benefits to Senior Citizens, i.e. those who are 60 years of age or older. If you are a Senior Citizen you can earn an additional 0.50% with our Digital Fixed Deposits!
Who is eligible to open a Digital Fixed Deposit with Ujjivan Bank?
You can open a Digital FD as long as
Do I need a savings account with Ujjivan Bank to open a digital FD?
No, you can open a digital FD without having a Ujjivan Bank savings account. You may use your existing savings bank account from any other bank to fund your Digital FD.
What is the minimum amount needed to open a Digital FD account?
The minimum amount needed to open a digital fixed deposit with Ujjivan Bank is ₹1,000.
What is the range of maturities available for Digital Fixed Deposits?
The maturity range for Digital Fixed Deposits is very flexible. Investors can choose from maturity periods as less as 6 months and as high as 10 years.
How much rate of interest do I earn on a Digital Fixed Deposit?
The Digital Fixed Deposit interest rates do not vary from the standard Fixed Deposit interest rates.The interest rates depend on the tenure of the Digital Fixed Deposit.
Go to our Latest Interest Rates section to check out the interest rates that are applicable for various tenures.
What are the interest payout options available?
With our Digital Fixed Deposits, you can choose from the following interest payout options -
What do I need to open a Digital Fixed Deposit?
Opening a Digital Fixed Deposit is easy! Just keep your Aadhaar Card, PAN Card and the mobile number linked to your Aadhaar Card handy!
How do I go about opening a Digital Fixed Deposits?
Opening a Digital Fixed Deposit is a completely online process. It involves 5 steps and takes just a few minutes!
Is premature withdrawal allowed in Digital FDs?
Yes, premature withdrawal is allowed in Digital FDs through our branches with penalty as applicable. For more details on premature withdrawal you can connect with us on Toll Free Number - 1800 208 2121
What happens when my Digital Fixed Deposit matures?
The way our Digital FDs work is simple. When your Digital FD matures, the principal deposit amount and the interest accumulated get credited to your chosen savings account.
At what times will video KYC be available?
Video KYC will be available from 8 AM to 8 PM.
More on Ujjivan SFB's Digital Fixed Deposits
Can I open more than one digital FD?
Yes, you can book additional FDs once the first FD is booked.
What are the ways of funding a Digital Fixed Deposit?
To open a Digital Fixed Deposit account, you can pull funds from other banks via Debit Card and Net Banking.