FD (Fixed Deposit) in Bangalore – Schemes, Interest Rates & Branch Address | Bajaj Finance

Fixed Deposit in Bangalore

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Bangalore, often called the Silicon Valley of India, employs nearly 35% of India's pool of 2.5 million IT professionals. Accounting for the highest IT-related exports in the country, Bangalore’s economy is fast expanding and so is its standing as an investor’s hub. Residents here are constantly looking to diversify their portfolio with lucrative avenues like the FD (Fixed deposits) and mutual funds.

  • Fixed Deposit in Bangalore: Features and Benefits

  • Investment

    High ROI

    Access FD interest rates up to 6.75% to grow your wealth easily and steadily over a given tenor.

  • Investment safety

    Bajaj Finance FDs are backed by CRISIL FAAA and ICRA MAAA ratings, ensuring safety all through.

  • Higher rates for seniors

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    Senior citizen investors get an additional interest rate bonus of 0.25% over the base rate.

  • Flexible investment tenor

    Opt for a tenor that ranges between 12 and 60 months, based on your financial goals.

  • No risk involved

    The Bajaj Finance Fixed Deposit guarantees returns at the end of the tenor, without any risks.

  • Fixed Deposit in Bangalore

    As a resident of Bangalore, a reliable and lucrative investment option available to you is the Bajaj Finance Fixed Deposit. With it, you can avail an interest rate of up to 6.75%* and invest over a flexible tenor that ranges between 12 and 60 months. What’s more, these returns are backed by ICRA’s MAAA rating and CRISIL’s FAAA rating, thus assuring returns.

FD rates in Bangalore

With Bajaj Finance Fixed Deposits in Bangalore, you can safely and reliably grow your wealth. In fact, senior citizens stand to gain more as the FD interest rate for senior citizen investors is higher, by 0.25%, than the base rate on offer. For more insight on the interest rates on offer, refer to this table.
 
Annual rate of interest valid for deposits up to Rs.5 crore (w.e.f. 12 May 2021)
Tenor in Months Minimum deposit (in Rs.) Cumulative Non-Cumulative
Monthly Quarterly Half Yearly Annual
12 – 23 25,000 5.65 5.51 5.53 5.57 5.65
24 – 35 6.10 5.94 5.97 6.01 6.10
36 - 60 6.50 6.31 6.35 6.40 6.50

Rate benefits basis customer category (w.e.f 12 May 2021):

+ 0.25% for senior citizens

+ 0.10% for customers opening FD through online mode

Note: Senior citizens investing in a Bajaj Finance online FD will only receive one benefit (rate benefit of 0.25%), regardless of the mode of investment

Renewal:

+0.10% over and above the applicable rate of interest/card rate at the time of renewal of deposit. In case of online renewal, only one benefit (renewal benefit of 0.10%) will be extended.

Fixed Deposit in Bangalore: Branches

These are the 7 branches you can visit in Bangalore:

  • Bajaj Finance Limited
    301 To 306, 3rd Floor, Prestige Towers, Residency Road, Bangalore - 560 025.
  • Bajaj Finance Limited
    2nd Floor, Shiva Complex, Plot No -1017, Dr. Rajakumar Road, 4Th Block, Rajaji Nagar, Bangalore - 560 010.
  • Bajaj Finance Limited
    Ground Floor, No. 2707/2, E Block, Ward No. 7, Behind Swathi Garden Restaurant, Sahakar Nagar, Bangalore - 560 092.
  • Bajaj Finance Limited
    506 to 511, 5th Floor, Prestige Towers, Residency Road, Bangalore - 560 025.
  • Bajaj Finance Limited
    1st Floor, No.11,97/2D, MKB Square, Outer Ring Road, Marathahalli, Bangalore - 560037
  • Bajaj Finance Limited
    801 To 805, 8Th Floor, Prestige Towers, Residency Road, Bangalore - 560 025.
  • Bajaj Finance Limited
    2nd Floor, No. 125, Hosur Main Road, Next To Technic Ceramics, Madivala, Bengaluru - 560 068

*Conditions Apply

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