Utkarsh Small Finance Bank offers attractive Fixed Deposit (FD) options for various tenures, ranging from 7 days to 10 years. They are known for providing competitive interest rates, which are typically higher than many larger banks, especially for senior citizens who receive an additional 0.50% to 0.60% interest.

Key features include a minimum deposit amount of ₹1,000, flexible interest payout options (monthly, quarterly, or at maturity), and a premature withdrawal facility (with a 1% penalty, not applicable if withdrawn within 7 days). Utkarsh Bank also offers a "Tax Saver Fixed Deposit" with a 5-year lock-in period, providing tax benefits under Section 80C, and a "Fixed Deposit Plus" for higher deposit amounts website with potentially better rates.