Will I get an FD receipt from the bank?
Yes, once your FD booking is completed, you will receive an FD receipt from the bank with all the details of your investment. This receipt can be used to verify your investment with the bank as well.
For FDs with Utkarsh All deposits with banks are insured by DICGC, which is a wholly-owned subsidiary of the RBI. The various types of banks include public sector banks, private sector banks, small finance banks, cooperative banks, and payment banks.
FDs booked on Stable Money with Ujjivan SF Bank, Utkarsh SF Bank, Unity SF Bank, Suryoday SF Bank, South Indian Bank, Shivalik SF Bank, or Fincare SF Bank (now merged with AU Small Finance Bank) are insured up to ₹5 Lakh, your receipt will be available directly on the Stable Money app. For all other FDs, the receipt will be sent to your registered email ID.