Unlike market-linked investment instruments, you can be certain about returns from your Fixed Deposit investments. The ease of transaction, certainty and safety of investments with Fixed Deposit make them one of the most preferred investment options. Bajaj Finance Fixed Deposit offer higher returns and stability on your savings, and you can make most of flexible tenor, multiple payout options and start investing with just Rs. 25,000.
When investing in Bajaj Finance FDs, senior citizens get an interest rate that is 0.35% over and above the existing interest rate. You can also choose to invest in non-cumulative FDs, which offer periodic interest payouts. When you invest a lumpsum amount in your FDs, you can get higher periodic interest payout that helps you cater to your regular expenses.
You can also choose the frequency of your interest payouts, benefit from the high stability of your FD investment and track your investments easily. Reap the benefit of investing in Bajaj Finance FDs at one of the highest interest rates in India, and get to enjoy several other benefits, which have been mentioned below:
Here are the features and benefits that makes Bajaj Finance FDs one of the most preferred investment options for senior citizens:
Invest at an attractive interest rate of up to 9.10%, which is 0.35% higher than usual
Invest over tenors of 12 to 60 months with FDs from Bajaj Finance.
Bajaj Finance FD has been rated ICRA’s MAAA (Stable) and CRISIL’s FAAA/Stable, the highest safety rating in the industry.
Evaluate and manage your finances with the easy-to-use Fixed Deposit Calculator.
Track your investments easily with access to Experia - your online fixed deposit account.
With Bajaj Finance Fixed Deposits for senior citizens, you can opt for periodic interest payouts, where you can choose to get your interest payout monthly, quarterly, half-yearly or annually. This can help you manage your finances easily.
| Tenor (in months) | End of tenor | FD Periodic Interest Payout | ||||
|---|---|---|---|---|---|---|
| Monthly | Quarterly | Half-yearly | Annual | |||
| Senior Citizen FD Rates | 12 to 23 | 8.35% | 8.07% | 8.12% | 8.20% | 8.35% |
| 24 – 35 | 8.50% | 8.23% | 8.28% | 8.35% | 8.50% | |
| 36 – 60 | 9.10% | 8.77% | 8.83% | 8.92% | 9.10% | |
| Special tenors scheme | ||||||
| 15 | 8.40% | 8.12% | 8.17% | 8.24% | 8.40% | |
Documents Required to Open FD Account
Calculate Your Maturity Amount with FD Calculator
Procedure to Open FD Online & Offline
Check FD Interest Rates
