Deposit-backed fixed deposits
Place a rental deposit — or your own savings — as a fixed deposit with a bank or NBFC, marked for the tenancy so neither side can move it alone.
- Deposit stays in the tenant’s name at the bank or NBFC
- Release follows the agreed move-out settlement
- Interest, if any, is set by the issuer’s published terms
Provided by: RBI-regulated bank or NBFC