Bank FD Comparison Tool
Utkarsh Small Finance Bank vs LIC Housing Finance Limited Fixed Deposit Comparison 2026
Compare Fixed Deposit interest rates, maturity amounts, and features between Utkarsh Small Finance Bank (Private Sector) and LIC Housing Finance Limited (Private Sector).
Utkarsh SFB
Private Sector
VS
LIC HFL
Private Sector
Utkarsh SFB: Min ₹1,000
LIC HFL: Min ₹25,000
DICGC Insured up to ₹5 Lakhs
Compare Your FD Returns
Adjust the parameters below to see how returns compare between the two banks
₹
Five Lakhs rupees
₹25,000₹20,00,000
years
1 year10 years
Interest Rate Comparison
Interest Rates by Tenure
General rates across different tenures
Current selection: 3 years (1095 days) -Utkarsh SFB: % |LIC HFL: %
Side-by-Side Rate Comparison
Direct comparison of general rates
Utkarsh SFB
LIC HFL
Highlighted = Your selected tenure
Feature Comparison
Features | Utkarsh SFB Private Sector | LIC HFL Private Sector |
|---|---|---|
Minimum FD Amount | ₹1,000 | ₹25,000 |
Current Interest Rate(Selected Tenure) | % | % |
Premature Withdrawal Penalty | 1% | 1% |
Official Rate Source | View Official Rates | View Official Rates |
Utkarsh Small Finance Bank
Private Sector Bank
Key Advantages:
Small Finance Bank with highest FD rates
Premium rates up to 8.75% for senior citizens (2-3 years)
Established in 2017 with strong track record
Digital banking services and mobile banking
Online FD booking available
Senior citizen benefits with +0.50% additional interest
Wide network across India
Minimum FD investment of ₹1,000
LIC Housing Finance Limited
Private Sector Bank
Key Advantages:
Housing Finance Company (HFC) with competitive FD rates
Senior citizens get +0.50% additional interest
Trusted brand backed by LIC
Digital FD booking available
Loan against FD facility
Flexible interest payout options
Minimum deposit: ₹25,000
Maximum deposit: ₹2 Crore
Important: Fixed Deposit Safety & Insurance Coverage
₹5 Lakh Insurance Limit
The Deposit Insurance and Credit Guarantee Corporation (DICGC) provides insurance coverage of up to ₹5 lakhs per depositor per bank. This means if you deposit more than ₹5 lakhs in a single bank, only ₹5 lakhs is guaranteed by the government.
⚠️ Recommendation:
Never deposit more than ₹5 lakhs in a single bank. If you have larger amounts, distribute them across multiple banks to ensure full insurance coverage.
Smart Distribution Strategy
For ₹10 lakhs: Split between Utkarsh SFB (₹5L) + LIC HFL (₹5L)
For ₹15 lakhs: Add a third bank to the mix
💡 Pro Tip:
You can also open FDs in different family members' names in the same bank to get additional ₹5 lakh coverage for each account holder.
Key Insights & Recommendations
Choose Utkarsh SFB If:
- •Minimum amount: ₹1,000
- •Private Sector banking preference
- •Small Finance Bank with highest FD rates
- •Premium rates up to 8.75% for senior citizens (2-3 years)
- •Established in 2017 with strong track record
Choose LIC HFL If:
- •Minimum amount: ₹25,000
- •Private Sector banking preference
- •Housing Finance Company (HFC) with competitive FD rates
- •Senior citizens get +0.50% additional interest
- •Trusted brand backed by LIC
Best Strategy:
- •Split large amounts across both banks
- •Keep ≤₹5L per bank for insurance
- •Compare rates before investing
- •Consider branch convenience
- •Review rates periodically
Explore more FD comparisons
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