Up to 7.85% return, rate benefit on renewal and deposits starting Rs. 25,000.


Interest Rates

         Bajaj Finance Fixed Deposits have one of the highest interest rates in the market. Here’s a look at our rates:

Tenor in Months Cumulative Non-Cumulative
Monthly Quarterly Half-yearly Annual
12 – 23 7.60% 7.35% 7.39% 7.46% 7.60%
24 – 35 7.80% 7.53% 7.58% 7.65% 7.80%
36 – 60 7.85% 7.58% 7.63% 7.70% 7.85%
High Interest Rate for All Customers

An interest rate of 7.85% is offered when you invest in a fixed deposit for a tenor of 3 to 5 years (36 to 60 months).

Additional 0.25% Interest for Senior Citizens

A rate of 8.10% is offered to individuals who are more than 60 years of age (age proof required), up to a deposit of Rs. 1 crore.

Additional 0.10% Interest for Existing Loan Customers

A rate of 7.95% is offered to our existing loan customers for a deposit size up to Rs. 1 crore.

Additional Interest on Renewal

Additional 0.10% interest on renewal of your existing Fixed Deposit from Bajaj Finance, over and above the original rate. Thus, on renewing their Fixed Deposit:

  • Senior citizen customers get interest rate up to 8.20%

  • Existing loan customers get interest rate up to 8.05%

Cumulative FD Vs. Non-Cumulative FD

Bajaj Finance offers two type of Fixed Deposits, based on when the interest is paid out. These are:

Cumulative FDs:

In this scheme, you are paid the interest amount at the time when the FD matures. A cumulative FD adds up the principal amount invested, and compounds the interest over your selected tenure. It then pays you the entire amount together, at the end of your FD’s tenor. This will range between 12 and 60 months.

Non-cumulative FDs:

You are paid the interest amount on a monthly, quarterly, half-yearly, or annual basis. A non-cumulative FD helps you earn interest at regular intervals, thus adding to your income. You can choose the payment schedule at the time of application.

Here’s how the interest amount will change when you choose a cumulative Fixed deposit, versus a non-Cumulative Fixed Deposit that pays out interest on a monthly basis:


Non-Cumulative (Monthly)

FD amount
Rs. 10,00,000
Rs. 10,00,000
5 years
5 years
Interest rate
Interest earned
Rs. 4,59,153
Rs. 3,79,000
Maturity amount
Rs. 14,59,153
Rs. 13,79,000

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