Unlike market-linked investment instruments, you can be certain about returns from your Fixed Deposit investments. The ease of transaction, certainty and safety of deposits 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 tenure, multiple payout options and the convenience of investing online, from the comfort of your home.
Bajaj Finance Senior Citizen Fixed Deposit interest rates are 0.25% higher than regular FD rates, so senior citizens can cruise through their golden years with higher savings. Designed to facilitate the unique requirements of senior citizens, investing in this FD offers the benefits of one of the highest fd interest rates in india, option to get periodic payouts and a suite of other benefits to secure your post-retirement years..
Here are the features and benefits that makes Bajaj Finance FD one of the most preferred investment options for senior citizens:
DID YOU KNOW? Bajaj Finance is now offering interest rates of up to 8.05% on Fixed Deposit. Get guaranteed returns on your investment.- Invest Online
Bajaj Finance Senior Citizen Fixed Deposit interest rates are 0.25% higher than regular FD rates, so senior citizens can cruise through their golden years with higher savings. Designed to facilitate the unique requirements of senior citizens, benefit from higher FD interest rates for senior citizens, easy online investment and a suite of other benefits to secure your post-retirement years.
Invest at an attractive interest rate of up to 8.35%, which is 0.25% higher than usual
Investing in a Bajaj Finance FD is now easier than ever, as existing customers can enjoy an end-to-end online paperless process that helps them invest from the comfort of their homes. The Bajaj Finance online FD option enables you to lock into high interest rates right away, without any paperwork or the need to visit our branches. All your FD details are sent to your registered details, and your money starts growing.
You can now invest in a Bajaj Finance online FD that enables you to invest from the comfort of your home, without having to visit our branches. You can also track your investments easily through the Experia app.
Choose tenures of 12 to 60 months, as per your convenience with a Bajaj Finance Fixed Deposit.
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.
With Bajaj Finance Fixed Deposit 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.
|Tenure in Months||Minimum deposit (in Rs.)||Cumulative||Non-Cumulative|
|12 – 23||25,000||7.15%||6.93%||6.97%||7.03%||7.15%|
|24 – 35||7.25%||7.02%||7.06%||7.12%||7.25%|
|36 - 60||7.35%||7.11%||7.16%||7.22%||7.35%|
Bajaj Finance offers Fixed Deposit for senior citizens, wherein individuals above 60 years of age can invest in a Bajaj Finance Fixed Deposit, earn fixed interest and grow their savings easily.
The interest rate for Bajaj Finance Senior Citizen Fixed Deposit starts at 7.35% and goes up to 8.35%, depending on the tenure you select. If you select a tenure of 60 months or more, you can earn an interest rate of 8.35%.
Check out what makes Bajaj Finance FD one of the safest investment avenues:
As one of the most reliable fixed-income instruments, Bajaj Finance Fixed Deposit is the best investment for senior citizens. You can choose the tenure, payout frequency and investment amount as per your convenience.
By investing in a Bajaj Finance FD, you not only gain high returns, but also ensure high safety of your investment amount.
Senior citizens can get attractive interest rates of up to 8.05% by investing in a Bajaj Finance Senior Citizen FD. FD interest rates for senior citizens are 0.25% higher than regular FD interest rates, so as to help senior citizens plan their post-retirement expenses easily and cruise through their golden years without any roadblocks.
The interest earned on Senior Citizen Fixed Deposit is taxable, as per the applicable Income Tax laws. These taxes, if any, are deducted at the source. Senior citizens, whose interest income from all Bajaj Finance FDs put together are upto Rs.3 lacs in a year, can submit Form 15H to avoid incurring any deductions.