DID YOU KNOW? Bajaj Finance is now offering interest rates of up to 8.35% on Fixed Deposit. Get guaranteed returns on your investment.- Invest Online
Bajaj Finance Fixed Deposit offers a lucrative interest rate of up to 8.10%, which can go up to 8.35% for senior citizens. Investing in this FD can help you accumulate your wealth and grow your corpus, with assured returns.
For senior citizens seeking safe investment avenues to invest their life savings, Bajaj Finance Fixed Deposit offers the benefit of high safety with additional returns of 0.25% over and above the regular interest rate. Senior citizens can also choose the option of periodic payouts, to fund regular expenses. Find out more about the Senior Citizen Fixed Deposit .
For Non-resident Indians (NRIs), Overseas Citizen of India (OCI) and Person of Indian Origin (PIO), investing in a Bajaj Finance NRI Fixed Deposit is a great option. With this option, NRI/OCI/PIO with an NRO account, can easily choose tenures between 12 months and 36 months. New customers can reap the benefits of attractive interest rates of up to 7.50%, whereas senior citizens can get FD interest rates up to 7.75%.
Bajaj Finance Limited is now offering Fixed Deposit in Systematic Deposit Plan (SDP), – a monthly investment option that enables the customer to invest in small monthly deposits, in a disciplined manner. The maturity period of each monthly deposit under SDP shall be for a minimum period of 12 months to a maximum period of 60 months. The depositor will have option to choose between 6 to 48 numbers of monthly deposits under SDP. The interest rate prevailing on the date of each deposit will be applicable to that particular deposit. Each deposit under the SDP will be treated as a separate Fixed Deposit. Find out more about Systematic Deposit Plan.
As the only Indian NBFC with an international rating of ‘BBB’ by S&P Global, Bajaj Finance Fixed Deposit is one of the safest investment options for investors, regardless of their risk type. Bajaj Finance Fixed Deposit has the highest stability ratings with CRISIL’s FAAA/Stable rating and ICRA’s MAAA (stable) rating, so your investments are never at risk.
When investing in a Bajaj Finance Fixed Deposit, you can choose the tenor between 12 and 60 months, to suit your financial needs. This can help you with your liquidity needs, and you can ladder your investments to enjoy a higher cash inflow.
If you’d like to know your maturity amount and returns on your FD in advance, consider using FD Calculator to plan your finances beforehand.
The minimum deposit required to invest in a Bajaj Finance Fixed Deposit is Rs. 25,000, which makes it easier to invest. With this minimum deposit amount, you can start investing any time, without having to wait to accumulate a larger corpus. Even with a smaller minimum deposit amount, you can ladder your investments, and earn better returns.
As an existing customer can easily invest in FD with an easy online application process, which saves you time and trouble. You can save the hassle of submitting lengthy documentation or waiting in queues for opening your Fixed Deposit with Bajaj Finance. As a new customer, you can fill in our online application form, so our representative can get in touch with you.
In case of emergencies, you can withdraw prematurely from the fixed deposit, post the initial lock-in period of 3 months. However, in order to avoid loss of interest, you can choose to avail a Loan against Fixed Deposit, where you can take an easy loan. However, the amount of your Loan against FD cannot be more than 75% of FD value.
Invest in FDs using debit cards (available in select locations only).
When filling your FD application form, you can choose to auto-renew your FD and save the hassle of filling in the renewal form again during maturity.
When filling your FD application form, you can also choose to invest in multiple deposits through a single cheque payment. Opt for different tenors and interest payment frequencies for each of these deposits. In case you need urgent cash, you can prematurely withdraw from a single deposit, without having to break all other deposits.
Investing in a Bajaj Finance Fixed Deposit offers you a balance of convenient investment process, lucrative interest rates of up to 8.35%, and safety of your deposits, which makes it one of the safest investment option for you to grow your savings easily.
To invest in a Bajaj Finance Fixed Deposit, you can start investing with an amount of Rs. 25,000. In case you wish to deposit an amount higher than Rs. 5 crore, you need to get in touch with our representative.
You can easily get monthly interest on your FD, by choosing the option of periodic payouts that enable you to get interest on a monthly, quarterly, half-yearly or yearly basis. However, the interest on your deposits may differ as per your choice. To check monthly interest rates, please use our FD Calculator.
Investing in a Bajaj Finance Fixed Deposit is very easy. If you’re an existing customer, you can easily visit our online investment form and invest right away. New customers can also fill the online application form and get started on your investment journey. You can also visit any of our FD branches and invest through debit card or cheque.
The minimum period for a Bajaj Finance Fixed Deposit is 12 Months.
You can always consider renewing your Bajaj Finance Fixed Deposit, as you approach the maturity period. However, in case you don’t choose to renew your Bajaj Finance Fixed Deposit, you can receive the final maturity amount directly in the bank account linked with your FD.
There is a fixed lock-in period of 3 months, when investing in a Bajaj Finance Fixed Deposit. While there is no penalty on withdrawing your deposit before maturity, you may incur losses in terms of interest you could earn. To help you avoid incurring such losses, Bajaj Finance offers an easy Loan against Fixed Deposit, so you can cater to your urgent finance requirements, without having to break your FD.