Fixed Deposit in Mumbai

Accounting for more than 6.16% of India's economy, Mumbai is India’s entertainment, fashion, and commercial centre. With both the major Indian stock exchanges, brokerages, asset management companies, Mumbai is also the primary financial centre for India. However, keeping up with the increasing cost of living in Mumbai can be challenging. Investing your money is a must, and FDs offer reliability and generous returns.

FD Rates in Mumbai

Residents of Mumbai enjoy attractive FD interest rates with Bajaj Finance.

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.

Features of Bajaj Finance Fixed Deposit

• Fixed Deposit in Mumbai: Features and Benefits

• 

  High investment safety

  Backed by ICRA’s MAAA (Stable) rating and CRISIL’s FAAA/Stable rating, your FD earnings are not at risk.

• 

  Returns at up to 6.75%*

  With a Bajaj Finance FD, new customers can earn at up to 6.60%* and senior citizens get a bonus of 0.25%.

• 

  Guaranteed returns

  Courtesy of a safe environment and a fixed rate of return, your maturity amount is not affected by market forces.

• 

  Loan against FD

  You can avail up to 75%* of your FD’s value as a loan to avoid liquidating your deposit during an emergency.

• 

  Systematic Deposit Plan

  Begin to invest as you save each month by making contributions of just Rs. 5,000 or more.

• Fixed Deposit in Mumbai

  Residents of Mumbai can invest in Bajaj Finance Fixed Deposits to boost their savings and take back large maturity proceeds at the end of the flexible 12- to 60-month investment term.
  
  Bajaj Finance offers both cumulative and non-cumulative fixed deposits and you can accordingly choose to take wholesome returns at maturity or earn interest through the tenor at set intervals.
  
  What makes this FD one of the best investment options is that it couples an attractive interest rate, up to 6.75%*, with high investment stability. The FD enjoys ICRA’s MAAA rating and CRISIL’s FAAA rating.

Mumbai residents can visit any of the 6 branches mentioned below:
 

• Bajaj Finance Limited