Nainital Bank
Bank Overview
Financial Health Indicators(Q4 FY26)
Fixed Deposit (FD) Interest Rates
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Savings Account Interest Rates
| Deposit Slabs | Interest Rate |
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Frequently Asked Questions
Quick answers to the most common questions about Nainital Bank accounts.
As of August 2026, Nainital Bank offers up to 6.60% p.a. on Fixed Deposits and up to 2.65% p.a. on Savings Accounts based on the balance slabs maintained.
Yes, Nainital Bank is a scheduled bank regulated by the RBI. Your deposits (up to ₹5 Lakhs per depositor) are insured by the DICGC, which covers principal and interest across all account types.
The minimum tenure for a fixed deposit with Nainital Bank starts from 444 Days. Senior citizens receive an additional interest rate benefit of up to 0.50% p.a. over general citizen rates.
Yes, interest earned on deposits is taxable. Savings account interest is tax-free up to ₹10,000 per year (₹50,000 for senior citizens) under Section 80TTA/80TTB. FD interest is fully taxable, and TDS is deducted at 10% if interest exceeds ₹40,000 (₹50,000 for senior citizens) in a financial year.