Fixed Deposit
Build Your Savings with Confidence
T Bank’s Fixed Deposit offers a safe and rewarding way to grow your savings. Deposit a lump sum and enjoy guaranteed returns at attractive interest rates. Open an FD easily at any T Bank branch or through the TPay app and choose an interest payout option that suits your needs.
Up to 8.5% p.a
Our Interest Rate
T Bank’s Fixed Deposit offers a safe and rewarding way to grow your savings. Deposit a lump sum and enjoy guaranteed returns at attractive interest rates. Open an FD easily at any T Bank branch or through the TPay app and choose an interest payout option that suits your needs.
Eligibility
- Individuals
- Business Entities
- Corporations
- NGO’s
- Associations
- On behalf of minors
Features
1.Flexible Investment Options: The account holders can choose the minimum investment amount of Nu. 5000 and can invest for a period ranging from 91 days to 7 years and above.
2.Liquidity through Overdraft: The account holder can access up to 90% of their FD amount through an overdraft, offering financial flexibility without breaking the fixed deposit.
Documents Required
- Fixed Deposit Opening Form
- Should maintain a Saving Deposit Account/ Current Deposit Account
- CID copy and a passport sized photograph
- 1 Legal Stamp
- Letter from concerned Authority for the Corporate FDs provided they are registered and the Bank is satisfied that the account opened for genuine purpose
Maintenance
1. The account can be operated by two or more persons in their joint names with operative clause as to “either or survivor” or “Anyone or Survivor” or “Jointly”
2. By a minor below the age of 18 years to be operated by his Guardian/Parent.
3. A depositor may have more than one Fixed Deposit Account in his name or in the joint names with another.
4. No funds can be transferred through this account.
5. No hidden fees or maintenance charges attached.
Calculate Your FD
Interest Rate: % p.a
Interest Earned: Nu
Maturity Amount: Nu
Retail FD Interest Rate
SI. No | Term | Maturity ( P.a ) | Monthly ( P.a ) | Quarterly ( P.a ) | Half Yearly ( P.a ) | Annually ( P.a ) |
|---|---|---|---|---|---|---|
1 | 91 days to less than 120days | 5.00% | ||||
2 | 121 days to less than 180 days | 5.00% | ||||
3 | 181 days to less than 270 days | 5.00% | ||||
4 | 271 days to less than 1 year | 5.00% | ||||
5 | 1 year to less than 2 years | 6.50% | 6.18% | 6.27% | 6.30% | 6.38% |
6 | 2 years to less than 3 years | 7.25% | 6.54% | 6.71% | 6.76% | 6.84% |
7 | 3 years to less than 4 years | 7.30% | 6.70% | 6.95% | 7.02% | 7.10% |
8 | 4 years to less than 5 years | 7.75% | 7.01% | 7.34% | 7.43% | 7.51% |
9 | 5 years to less than 6 years | 8.00% | 7.12% | 7.53% | 7.64% | 7.72% |
10 | 6 years to less than 7 years | 8.25% | 7.23% | 7.72% | 7.85% | 7.94% |
11 | 7 years and above | 8.50% | 7.34% | 7.91% | 8.06% | 8.15% |
Note: Bhutanese Living Abroad (BLA) and senior citizens aged 60 and above (at the time of account opening) are entitled to a 0.50% higher interest rate than the standard fixed deposit rate.
- Individuals
- Business Entities
- Corporations
- NGO’s
- Associations
- On behalf of minors
1.Flexible Investment Options: The account holders can choose the minimum investment amount of Nu. 5000 and can invest for a period ranging from 91 days to 7 years and above.
2.Liquidity through Overdraft: The account holder can access up to 90% of their FD amount through an overdraft, offering financial flexibility without breaking the fixed deposit.
- Fixed Deposit Opening Form
- Should maintain a Saving Deposit Account/ Current Deposit Account
- CID copy and a passport sized photograph
- 1 Legal Stamp
- Letter from concerned Authority for the Corporate FDs provided they are registered and the Bank is satisfied that the account opened for genuine purpose
1. The account can be operated by two or more persons in their joint names with operative clause as to “either or survivor” or “Anyone or Survivor” or “Jointly”
2. By a minor below the age of 18 years to be operated by his Guardian/Parent.
3. A depositor may have more than one Fixed Deposit Account in his name or in the joint names with another.
4. No funds can be transferred through this account.
5. No hidden fees or maintenance charges attached.
SI. No | Term | Maturity ( P.a ) | Monthly ( P.a ) | Quarterly ( P.a ) | Half Yearly ( P.a ) | Annually ( P.a ) |
|---|---|---|---|---|---|---|
1 | 91 days to less than 120days | 5.00% | ||||
2 | 121 days to less than 180 days | 5.00% | ||||
3 | 181 days to less than 270 days | 5.00% | ||||
4 | 271 days to less than 1 year | 5.00% | ||||
5 | 1 year to less than 2 years | 6.50% | 6.18% | 6.27% | 6.30% | 6.38% |
6 | 2 years to less than 3 years | 7.25% | 6.54% | 6.71% | 6.76% | 6.84% |
7 | 3 years to less than 4 years | 7.30% | 6.70% | 6.95% | 7.02% | 7.10% |
8 | 4 years to less than 5 years | 7.75% | 7.01% | 7.34% | 7.43% | 7.51% |
9 | 5 years to less than 6 years | 8.00% | 7.12% | 7.53% | 7.64% | 7.72% |
10 | 6 years to less than 7 years | 8.25% | 7.23% | 7.72% | 7.85% | 7.94% |
11 | 7 years and above | 8.50% | 7.34% | 7.91% | 8.06% | 8.15% |
Note: Bhutanese Living Abroad (BLA) and senior citizens aged 60 and above (at the time of account opening) are entitled to a 0.50% higher interest rate than the standard fixed deposit rate.
Interest Rate: % p.a
Interest Earned: Nu
Maturity Amount: Nu
Interest Rate for Corporate Fixed Deposit
Effective from 1 st January 2025
Sl. No. | Tenor | Normal FD (Existing) | Normal FD (Revised w.e.f. 1st January 2025) | FD Plus (Monthly) | FD Plus (Quarterly) | FD Plus (Half Yearly) | FD Plus (Yearly) |
|---|---|---|---|---|---|---|---|
1 | Upto 90 days | 2.00% | 1.50% | ||||
2 | 91 days to less than 120 days (4 months) | 2.50% | 1.55% | ||||
3 | 121 days to less than 180 days (6 months) | 2.75% | 2.75% | ||||
4 | 181 days to less than 270 days (9 months) | 3.50% | 3.00% | ||||
5 | 271 days to less than 1 year | 3.75% | 3.75% | ||||
6 | 1 year to less than 2 years | 4.00% | 4.00% | ||||
7 | 2 years to less than 3 years | 5.00% | 5.00% | ||||
8 | 3 years to less than 4 years | 6.00% | 6.00% | 5.40% | 5.65% | 5.73% | 5.80% |
9 | 4 years to less than 5 years | 7.00% | 7.00% | 6.26% | 6.59% | 6.68% | 6.76% |
10 | 5 years and above | 7.50% | 7.50% | 6.60% | 7.01% | 7.13% | 7.21% |
Terms and Conditions
1. Interest rate on pre-mature withdrawal of the Corporate Fixed Deposit shall be as per the revised penalty clause.
Lock-in period is 90 days.
2. Corporate Fixed Deposits opened for less than 90 days
a. No lock-in period is applicable
b. However, the rate of interest applicable during premature closure will be 50% less than the actual rate of interest offered and agreed upon during the opening of Corporate Fixed Deposits.
For FD Plus accounts:
i) In case of premature withdrawals, the penalty amount shall be recovered from the principal amount.
ii) No partial redemptions shall be allowed.
iii) Lock-in period for this category of accounts is 3 years, that is, if one close his/her FD Plus account before 3 years, all the interest paid shall be recovered from the principal amount.
For any Corporate Fixed Deposit exceeding Nu. 20 million in aggregate, the interest rate shall be determined through negotiation and the rates published in the website shall not apply.
Any other existing terms and conditions shall remain the same.
