FD interest rates - Check latest fixed deposit rates in India

Invest in a Bajaj Finance Fixed Deposit for a fixed tenor as per your convenience and grow your savings at an attractive interest rate. Bajaj Finance offers high FD interest rates up to 6.80%. Senior citizens get an additional rate benefit up to 0.25% p.a. on their deposits.

Annual rate of interest valid for deposits from Rs. 25,000 up to Rs. 5 crore
(w.e.f. Dec 01, 2021)
Tenor in months 12 – 23 24 – 35 36 – 60
Cumulative 5.65% 6.40% 6.80%
Monthly 5.51% 6.22% 6.60%
Quarterly 5.53% 6.25% 6.63%
Half-yearly 5.57% 6.30% 6.69%
Annual 5.65% 6.40% 6.80%


Rate benefits basis customer category (w.e.f. Dec 01, 2021)

  • Additional rate benefits up to 0.25% p.a. for senior citizens

With Bajaj Finance FDs, you can make the most of the flexible tenors, periodic interest payouts, easy renewal facility, loan against FD apart from attractive FD rates. Those below 60 years of age can earn the highest fixed deposit rates of up to 6.80% by investing online, whereas senior citizens can get secured returns of up to 7.05%, one of India's highest FD interest rates.

Start your investment journey with Bajaj Finance FD, and make your savings grow easily. For those looking to invest in a fixed deposit, here are the latest FD interest rates offered by Bajaj Finance on cumulative deposits, with payouts at maturity, w.e.f. Dec 01, 2021.

Features of Bajaj Finance Fixed Deposit

Interest rate

Ranging from 5.65% to 7.05%

Minimum tenor

1 Year

Maximum tenor

5 Years

Deposit amount

Min- Rs. 25,000

Application process

Easy online paperless process

Online payment options

Net Banking and UPI

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Frequently asked questions

Can I get monthly interest on my fixed deposit?

Yes, you can always choose periodic interest payouts, and opt for monthly interest on your Fixed Deposit. To calculate the monthly interest amount, you can use FD Monthly Interest Calculator

Is interest on FD taxable?

Yes, the interest on a fixed deposit is fully taxable. The interest you earn is added to your total income and taxed at slab rates applicable to your total income. It is then shown under 'Income from Other Sources' in your income tax return. In addition to income tax, banks and companies also deduct TDS on your interest income. You can also check your TDS on FD interest.

Is FD is a good investment instrument?

Investing in a fixed deposit is best for risk-averse investors seeking a stable investment avenue to grow their savings. You can benefit from one of the best FD rates, flexible tenors and choose periodic payout options. FDs are one of the best low-risk investment options that can help you increase your savings quickly. You can get secured returns without any effect of market fluctuations.

What is the minimum and maximum tenor for FD?

You can choose your tenor when you invest in Bajaj Finance Fixed Deposits. You can choose a tenor between 12 and 60 months, and in case you choose to get periodic payouts, you can also choose the frequency of your periodic payouts.

What is the interest rate applicable for fixed deposits?

When investing in a fixed deposit for a specific tenor, you gain returns on your deposit based on the latest FD rates offered by your FD issuer. With Bajaj Finance FD, investors can enjoy the dual benefit of high FD rates and deposit safety. The interest rates applicable range from 5.65% to 7.05%. 

How much interest will I get in 5 years?

If you invest in a Bajaj Finance Fixed Deposit for 5 years, you can grow your savings by more than 40%. To understand this, let's assume that you've invested Rs. 1,00,000 for 5 years in a Bajaj Finance FD.

Here's a table below to help you know the 5 years fixed deposit interest rates better:

Customer type

Interest rate

Interest payout

Maturity amount

Citizens aged below 60 years

6.80%

Rs. 38,949

Rs. 1,38,949

Senior citizens

7.05%

Rs. 40,583

Rs. 1,40,583


Bajaj Finance Fixed Deposit offers attractive 5 year FD interest rates to grow your savings efficiently.

How to choose the best FD scheme with high FD rates?

Choosing the right scheme for the best fixed deposit rates is essential, based on your requirement. You have the option to get your interest at the end of your maturity period or opt for periodic payout options. If you'd like to tend to your regular expenses, you can choose the option of periodic payouts, but if you'd like a lump sum amount at the end of your tenor, you can choose to get your interest at the end of your tenor.

Some investors also consider the current FD rates when planning to invest. While this may be a great way to grow your savings, it is also important to

When choosing the FD rate schemes, it is also important to make sure your company FD has the highest safety ratings so that your principal amount is not at risk.

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