How to start FD online ?

FD (fixed deposits) are better savings as they yield doubled money in a span of ten to twelve years ie your savings plus interest. The amount of interest varies from bank to bank and based on the term of deposit(ie the number of years of deposit). The interest rate increases corresponding to the term of the deposit. So if you have an unused lumpsum amount you may start FD and save. In case of emergency if you want to withdraw the money in FD before the end of your term deposit you can withdraw filing a form but paying penalty. All these can nowadays be done through internet banking or mobile banking.

Hope you have a bank account with a net banking facility. If not you may refer to how to start a bank account blogpost  and   how to register for an online banking blog. 

OPEN A FD 

Either open your bank account via the so and so bank app through your mobile or go to a certain bank's website via the internet and log in to your bank account. Now via the e-deposits option, you may open FD by opening the concerned form and filling the application. Fill the tenure based on your decision. Refer and be aware of the interest rates of different banks for different tenure. Be sure to mention whether you are a senior citizen as senior citizens have more perks( i.e. comparatively higher interest rates) in interest rates. Suppose if you don't want to renew the tenure of your FD just select an option of do not renew else select the renew principal, renew principal and interest or repay principal and interest as per your need. An OTP may be generated and sent to your relevant phone number. Please be conscious enough to not share your OTP to anyone. Also agree to the terms and conditions and submit the form. Once the respective FD tenure gets over the FD amount is automatically returned to your main account or renewed based on the process you opt. You may start n number of FD's as per your wish. All your savings are available under a single login with different account numbers but under a single parent account number and account book. Tenure of deposit, Minimum days of deposit time, Maximum days of deposit time, Maturity instructions, Minimum and maximum amount of deposit varies from bank to bank.