Fixed Deposit (FD) Eligibility and Documents

Read on to know the criteria required to apply for fixed deposit.

Open FD

How to invest in a fixed deposit?

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Invest in Fixed Deposit with Bajaj Finance

1. Click on ‘Open FD' at the top of this page to open our online application form.
2. Enter your 10-digit mobile number and verify the OTP sent to your phone.
3. Fill in the investment amount, choose the investment tenure and the payout frequency. Enter your PAN card and date of birth.
4. Complete your KYC: If you are an existing customer, confirm the details available with us, or edit to make any changes. For new customers, complete your KYC using Aadhaar.
5. A declaration will be displayed. Please read it carefully and agree to the terms and conditions. Enter your bank details and proceed to pay.
6. Complete your investment using NetBanking/ UPI or NEFT/ RTGS.

Once your deposit is booked, you will receive the Fixed Deposit Acknowledgement (FDA) on your registered email address and as a link on your mobile number. An Electronic Deposit Receipt (e-FDR) will also be sent to your email ID within 3 working days, subject to all documents being in order.

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Frequently asked questions

What documents are required for a public/ private limited company to invest in a fixed deposit?

To invest in a Bajaj Finance Fixed Deposit, companies must provide incorporation documents, PAN, a board resolution, address proof, a cancelled cheque, and KYC documents of authorised signatories and beneficial owners. Details of key management personnel, along with proof of the registered and principal business address, are also required.

What documents are required for a partnership firm to invest in a fixed deposit?

A partnership firm can invest in an FD by submitting the following documents:

  1. Registration Certificate
  2. PAN
  3. Partnership Deed
  4. One recent Photograph, PAN or Form 60, and any one valid OVD (PAN, passport, driving license, Voter's identity card) of the authorised signatory(ies)
  5. BO declaration (part of application form) and KYC of BO as per above point
  6. Names of all partners on entity’s letterhead, signed by authorised signatory(ies)
  7. Address proof of the registered office, and the principal place of its business, if it is different.

What documents are required for a Hindu Undivided Family (HUF) to invest in a fixed deposit?

A HUF can invest in an FD by submitting the following documents:

  • PAN 
  • HUF deed and declaration
  • KYC of Karta
What documents are required for registered societies to open a fixed deposit account?

Registered societies need to submit the following documents to open an FD account:

  • Certificate of registration
  • Bye Laws/ rules
  • Resolution for
  • Opening the account
  • PAN
  • Latest telephone
  • Bill or electricity bill, or bank account statement
  • KYC of authorised
  • Signatories
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Disclaimer

As regards deposit taking activity of Bajaj Finance Ltd (BFL), the viewers may refer to the advertisement in the Indian Express (Mumbai Edition) and Loksatta (Pune Edition) furnished in the application form for soliciting public deposits or refer https://www.bajajfinserv.in/fixed-deposit-archives
The company is having a valid Certificate of Registration dated March 5, 1998 issued by the Reserve Bank of India under section 45 IA of the Reserve Bank of India Act, 1934. However, the RBI does not accept any responsibility or guarantee about the present position as to the financial soundness of the company or for the correctness of any of the statements or representations made or opinions expressed by the company and for repayment of deposits/discharge of the liabilities by the company.

For the FD calculator the actual returns may vary slightly if the Fixed Deposit tenure includes a leap year.