Fixed Deposits (FDs) Now Live on the Niyo App - Grow Your Money Safely

Announcements & Updates
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Heyy Travellers, :smiley:


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Looking for a safe way to grow your money with assured returns? Good news… you can now book Fixed Deposits (FDs) directly in the Niyo app through two banks: DCB Bank and SBM Bank with returns up to 7.5% p.a. :tada:

Whether you’re saving for your next trip, parking extra funds after returning from one, or simply looking for higher interest rates, FDs in Niyo give you flexibility, safety, and great returns.

Where to Find FDs in the Niyo App

You can now access FDs easily via:

  • Hub Section
  • Quick Links

:backhand_index_pointing_right: Prefer direct access? Click here:

:money_bag: DCB Bank Fixed Deposit (FD) – Key Benefits

  • Minimum deposit: ₹10,000
  • Flexible tenure: 14 days to 10 years
  • Earn up to 7.2% p.a. interest — among the best in the market
  • 100% safe with assured returns
  • Instant booking & easy withdrawal

:pushpin: Check latest DCB FD interest rates

:money_bag: SBM Bank Fixed Deposit (FD) – Key Benefits

  • Minimum deposit: ₹5,000
  • Flexible tenure: 6 months to 10 years
  • Earn up to 7.5% p.a. interest — among the best in the market
  • 100% safe with assured returns
  • Instant booking & easy withdrawal

:pushpin: Check latest SBM FD interest rates

:red_question_mark: Frequently Asked Questions (FAQs)

:small_blue_diamond: Do I need to book an FD to use my Debit Card?

No, not at all. Your DCB or SBM Debit Card works independently. FDs are an optional investment product.

:small_blue_diamond: What makes SBM/ DCB FDs a good choice?

  • Higher-than-average FD interest rates compared to top banks
  • Flexible tenures so you can plan short-term or long-term
  • Safe, secure, and easy to manage directly from the Niyo app

:small_blue_diamond: What is the minimum deposit & tenure?

  • DCB FD: ₹10,000 | 14 days minimum
  • SBM FD: ₹5,000 | 6 months minimum

:small_blue_diamond: When do I get the interest?

  • Interest is paid at maturity.
  • If you don’t close your FD, it is auto-renewed for the same tenure at the prevailing rate.

:small_blue_diamond: Can I break my FD before maturity?

Yes, you can! Both SBM and DCB allow premature closure.

  • SBM FD: Directly from the app under the SBM FD module. 1% charge on interest earned.
  • DCB FD: By contacting DCB Bank support. 0.50% charge on interest earned.

:small_blue_diamond: Can I book multiple FDs?

Yes :white_check_mark: You can even name your FDs for better tracking.

:glowing_star: Why Niyo Members Love FDs

Many of our members use FDs to:

  • Grow their unused funds after returning from an international trip :airplane:
  • Save for their next big travel plan :globe_showing_europe_africa:
  • Keep money safe while earning attractive interest
  • Bonus: Booking an FD above ₹5,000 waives AMC charges for your Niyo card - so you earn and save! :white_check_mark:

:light_bulb: Tip: You can book FDs with both DCB and SBM to maximize flexibility and returns. :chart_increasing_with_yen:


With just a few taps, your money works harder for you - safely and securely.

:speech_balloon: Over to You!

Have you tried booking an FD on Niyo yet? Share your thoughts below, and let’s help each other make smarter money moves! :rocket:

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