Best FD Tenure – How to Choose

Longer tenures often offer higher rates but lock your money. Shorter tenures give flexibility. The best tenure depends on your goal and when you need the money.

Match Tenure to Your Goal

Align FD tenure with when you need the money. For goals 2–3 years away, a 2–3 year FD often gives a good rate. Consider laddering (multiple FDs with different maturity dates) for liquidity.

Short vs Long Tenure

Short (6–12 months): lower rate, more flexibility. Medium (1–3 years): often the best rate band. Long (5–10 years): money locked; use only if you are sure you will not need it.