Bajaj Finance in your city

Lucknow is the state capital of the largest and most densely populated state of Uttar Pradesh (UP). As a resident of this city, you have several options to choose from when it comes to investing your earnings. One of the most stable and lucrative avenues is the Bajaj Finance FD in Lucknow, as it guarantees high returns.

Invest online from the comfort of your home or visit any of our branches.

Features and benefits of fixed deposit

  • Higher interest rates for senior citizens

    Higher interest rates for senior citizens

    Bajaj Finance offers attractive FD rates to senior citizens up to 7.60% p.a.*

  • Small deposit amount

    Small deposit amount

    Get started on your investment journey with an amount of just Rs. 15,000 and make your savings grow.
  • Tenors up to 60 months

    Tenors up to 60 months

    Choose to stay invested for 12 to 60 months, as per your investment goals.
  • Loan Against FD facility

    Loan Against FD facility

    Get a loan against FD up to 75% of the invested amount to fund your urgent financial needs.

Grow your savings with a fixed deposit in Lucknow

As a resident of Lucknow, you can reliably grow your wealth at an interest rate of up to 7.60% p.a.* with the Bajaj Finance Fixed Deposit. These returns are backed by ICRA’s MAAA rating and CRISIL’s FAAA rating, ensuring maximum safety. You can choose to invest online from the comfort of your home with our end-to-end online process.

*Conditions Apply

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Fixed deposit rates in Lucknow

Individuals looking for fixed deposits in Lucknow can earn attractive interest rates. By investing in this FD, you can ensure the highest safety of your deposit with no effect of market volatilities.

Annual rate of interest valid for deposits from Rs. 15,000 up to Rs. 5 Crore (w.e.f June 14, 2022)

Tenor in months

12 – 23

24 – 35

36 – 60

Cumulative

5.85% p.a.

6.60% p.a.

7.20% p.a.

Monthly

5.70% p.a.

6.41% p.a.

6.97% p.a.

Quarterly

5.73% p.a.

6.44% p.a.

7.01% p.a.

Half-yearly

5.77% p.a.

6.49% p.a.

7.08% p.a.

Annual

5.85% p.a.

6.60% p.a.

7.20% p.a.

 

Special FD interest rates for cumulative deposits

Tenor in months

15

18

22

30

33

44

At Maturity

6.05% p.a.

6.15% p.a.

6.30% p.a.

6.70% p.a.

6.95% p.a.

7.35% p.a.

 

Special FD interest rates for non-cumulative deposits

Tenor in months

15

18

22

30

33

44

Monthly

5.89% p.a.

5.98% p.a.

6.13% p.a.

6.50% p.a.

6.74% p.a.

7.11% p.a.

Quarterly

5.92% p.a.

6.01% p.a.

6.16% p.a.

6.54% p.a.

6.78% p.a.

7.16% p.a.

Half Yearly

5.96% p.a.

6.06% p.a.

6.20% p.a.

6.59% p.a.

6.83% p.a.

7.22% p.a.

Annual

6.05% p.a.

6.15% p.a.

6.30% p.a.

6.70% p.a.

6.95% p.a.

7.35% p.a.

 

Rate benefits basis customer category (w.e.f June 14, 2022)

  • Additional rate benefits up to 0.25% p.a. for senior citizens

Frequently asked questions

Which is the best FD plan available in Lucknow?

FDs are available from various banks and NBFCs in Lucknow; nevertheless, selecting the most incredible interest rate is critical.

The fixed deposit interest rates for Bajaj Finance Deposit offers profitable returns. You can begin investing with as little as Rs. 15,000 and see your money grow. Bajaj Finance FD has the highest credit rating of FAAA from CRISIL and MAAA from ICRA, making it a safe investment option with timely payments and no defaults.

Apart from FD, what are some of the other investment options?

A fixed deposit is a safe, risk-free investment option that offers a fixed interest rate on maturity. You can also choose a Systematic Deposit Plan that gives you an interest rate similar to FD, allowing you to make small monthly instalments.

Why should I invest my money in FD?

Bajaj Finance Fixed Deposit helps you grow your money by investing in high return, low-risk investment options. The funds parked in a Bajaj Finance FD are safe and immune to market fluctuations. Senior citizens can benefit from a fixed FD rate regardless of market conditions. With the FD interest calculator, investors can look at different interest rates on offer along with the tenor and prepare for future aspirations.

Can I get monthly interest on my FD investment?

Yes. If you choose periodic payouts and monthly frequency, you can obtain monthly interest payments. When you invest in FDs, you earn interest on your principal amount, which is paid out regularly. You can use the FD interest calculator to know the payout value.

What is the tax rate for FD in India?

Fixed deposit is one of the most preferred safe investment options. However, the interest income from a fixed deposit is fully taxable. Below are the TDS rates applicable to the different types of FDs.

Fixed deposit

TDS rate

Indian resident customers

10%

NRO (non-resident ordinary)

30%

NRE (non-resident external)

None

FCNR (foreign currency non-resident)

None

Time deposit (made with post office)

None

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