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 tenure, multiple payout options and start investing with just Rs. 25,000.
When investing in Bajaj Finance FD, senior citizens get an interest rate that is 0.25% over and above the existing interest rate. You can also choose to invest in non-cumulative FD, which offer periodic interest payouts. When you invest a lumpsum amount in your FD, 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 FD 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 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
Start investing with just Rs. 25,000 and get stable returns.
Track your investments easily with access to Experia - your online Fixed Deposit account.
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.
|Tenor in Months||Minimum deposit (in Rs.)||Cumulative||Non-Cumulative|
|12 – 23||25,000||7.65%||7.39%||7.44%||7.51%||7.65%|
|24 – 35||7.70%||7.44%||7.49%||7.56%||7.70%|
|36 - 47||7.75%||7.49%||7.53%||7.61%||7.75%|
|48 - 60||7.85%||7.58%||7.63%||7.70%||7.85%|
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.
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.
Calculate Your Maturity Amount with FD Calculator
Earn UP TO 8.05%* on Fixed Deposit