Suryoday Small Finance Bank
Fast-growing scheduled bank deposit featuring attractive interest rates and flexible premature withdrawal.
Investment Specifications & Ledger
Structured parameters governing coupon returns, statutory lock-in, minimum allocation lots, and credit safety.
Up to 8.65% p.a.
Flexible interest payout: Monthly, quarterly, half-yearly, or compounded at maturity.
12 to 60 Months
Flexible maturity tenure with auto-renewal or premature withdrawal options.
₹10,000
Convenient entry threshold with seamless digital netbanking/RTGS transfer.
Form 15G / 15H Applicable
Interest taxable as per investor income slab. Submit Form 15G/15H for zero TDS deduction.
DICGC Insured / AAA
Insured up to ₹5 Lakhs per depositor by RBI DICGC subsidiary + highest credit rating.
Demat & Physical
Credited directly to CDSL/NSDL Demat account or issued as physical registered certificate.
Fixed Deposit Terms & Capital Security
Corporate and bank fixed deposits curated by MFeasy offer institutional investors, family offices, and individual wealth creators a dependable foundation for assured income generation. Each issue is evaluated across capital adequacy, provision coverage ratio, and regulatory solvency.
Depositors enjoy direct ECS/NEFT interest payouts with flexible frequency: monthly cashflows for retired individuals, quarterly liquidity, or compounding reinvestment to maximize terminal wealth.
Higher Yield Spread
Earn premium interest rates up to 8.65% p.a., substantially outperforming traditional savings and standard commercial bank deposits.
Institutional Safety
Protected by DICGC insurance up to ₹5,00,000 per depositor for scheduled banks, plus top-tier CRISIL/ICRA AAA ratings.
Tailored Cashflows
Choose between regular monthly/quarterly income credit or cumulative compounding at maturity.
Senior Citizen Bonus
Senior citizens enjoy up to +0.50% p.a. additional interest spread across most tenure brackets.
Speak to Wealth Desk
Direct assistance for corporate and bank deposit placement, senior citizen bonus yields, and Form 15G/H submission.
Investor Eligibility & Mandatory Documentation
Statutory guidelines governing eligible applicant categories, time limits, and KYC submission requirements.
Eligible Investors & Categories
- Resident Individuals & HUFs: Resident individual investors, Hindu Undivided Families, and senior citizens.
- Non-Resident Indians (NRIs): Eligible through NRO/NRE bank accounts subject to FEMA guidelines.
- Corporate Entities & LLPs: Private limited companies, partnership firms, and limited liability partnerships.
- Trusts & Societies: Registered charitable, religious, and family office trusts.
- Investor Protection: Covered by applicable regulatory frameworks and statutory investor grievance mechanisms.
Mandatory Documentation Checklist
- 1. Self-Attested PAN Card: Clear photocopy of PAN card for all applicants and authorized signers.
- 2. Government Address Proof: Aadhaar Card, Valid Passport, Voter ID, or Utility bill matching records.
- 3. Original Cancelled Cheque: Bank cheque leaf displaying investor account number, printed name, and IFSC code.
- 4. Demat Client Master List (CML): Self-attested CML from depository participant if holding in Demat format.
- 5. Passport Photograph / KYC Form: Recent photograph and signed application mandate.
How to Invest in 4 Easy Steps
Simple, transparent digital placement with direct bank-to-issuer remittance and verified deposit receipts.
Mandate Selection & Advisory
Select your preferred tenure and payout structure with our wealth specialist to ensure alignment with liquidity needs and tax goals.
Paperless Digital KYC
Complete digital verification using Aadhaar OTP / CKYC registry with instant account verification and zero physical paperwork.
Secure Direct Remittance
Transfer investment capital directly to the regulated issuer or bank collection account via UPI, Netbanking, or RTGS.
Certificate Generation & Custody
Receive instant digital confirmation and formal deposit / holding receipt credited to your CDSL/NSDL Demat portfolio.
Key Inquiries & Investor Clarifications
Key details on interest payout frequency, DICGC bank insurance, senior citizen benefits, and TDS rules.
How safe are corporate and bank fixed deposits?
Scheduled commercial bank deposits are insured up to ₹5,00,000 per depositor under the RBI DICGC scheme. Corporate fixed deposits curated by MFeasy are chosen only from issuers holding top-tier CRISIL, ICRA, or CARE AAA/AA+ credit ratings, representing highest degree of safety.
What are the interest payout options available?
Investors can select cumulative fixed deposits (where interest is compounded and paid on maturity) or non-cumulative deposits with monthly, quarterly, or annual interest credits directly into their registered bank accounts.
Do senior citizens receive higher interest rates?
Yes, senior citizens (aged 60 and above) are entitled to an additional interest rate bonus of 0.25% to 0.50% p.a. across most tenures.
How can I avoid TDS deduction on fixed deposit interest?
If your total taxable income is below the statutory exemption threshold, you can submit Form 15G (for individuals below 60) or Form 15H (for senior citizens) at the start of each financial year to receive interest without TDS deduction.
Regulatory Disclosures: MFeasy is a financial services brand owned and operated by KS Finoleg Services Pvt Ltd (AMFI Registered Mutual Fund Distributor ARN-307640, APRN: APRN039894). Capital gains bonds, corporate fixed deposits, debentures, loans, and investment products are subject to terms of issue, sovereign notifications, market conditions, and applicable statutory provisions. Past performance does not guarantee future results. Tax implications may vary based on individual investor status and amendments to tax legislation. Investors are advised to consult their certified chartered accountant or legal advisor before making an investment decision.