Features and benefits
0.25% higher interest rates for senior citizens
Manage your post-retirement expenses with an additional rate benefit on your deposit.
Flexible tenors up to 60 months
Choose tenors ranging from 12 to 60 months, as per your convenience.
0.10% more returns on investing online
Gain higher returns and benefit from an easy online process from the comfort of your home.
Deposits starting at Rs. 25,000 per month
Start investing with a small amount and grow your savings with our fixed deposits.
Get assured returns up to 6.75%*
Grow your savings with the best returns on your deposit.
Fixed deposit (FD) is a low-risk financial instrument that is offered by banks, post offices or Non-banking Financial Companies (NBFCs). Bajaj Finance offers higher FD rates ensuring you earn better returns.
With the Bajaj Finance Fixed Deposit, you can grow your savings at attractive FD interest rates up to 6.75%* along with the convenience of an end-to-end paperless investment process. The Bajaj Finance online FD provides an easy application process that saves you time and trouble waiting in long queues to open an FD account.
Amid increasing market volatilities, investing in a Bajaj Finance FD offers assured returns along with steady growth of savings. So you can build your savings without any effect of market fluctuations. Moreover, Bajaj Finance has the highest credit quality and safety ratings. CRISIL and ICRA have awarded it with MAAA and FAAA, respectively, making the Bajaj Finance Fixed Deposit one of the safest investment options.
Fixed deposit eligibility criteria
Non-resident Indians and others
NRIs, overseas citizens of India, and persons of Indian origin must be above 18 years of age and must have an NRO account.
Hindu Undivided Families (HUF), sole proprietorships, partnership firms, group companies, clubs, associations, societies, and family trusts can invest.
Resident Indian citizens
Individuals must be above 18 years of age.
Fixed deposit interest rates
|Annual rate of interest valid for deposits from Rs. 25,000 up to Rs. 5 crore
(w.e.f. May 12, 2021)
|Tenor in months||12 – 23||24 – 35||36|
Rate benefits basis customer category (w.e.f. May 12, 2021)
- Additional 0.25% for senior citizens
- Additional 0.10% for online investments (not applicable for senior citizens)
- 0.10% over and above the applicable rate of interest/card rate at the time of renewal of deposit. In the case of online renewal, only one benefit (renewal benefit of 0.10%) will be extended.
Note: Senior citizens investing in a Bajaj Finance FD will only receive one benefit (rate benefit of 0.25%), regardless of the mode of investment.
How to invest in a fixed deposit
Investing in a Bajaj Finance online FD is quick and easy. Simply follow the steps below:
- 1 Click on 'Invest Online' to open our online form
- 2 Enter your phone number, date of birth and OTP
- 3 Existing customers only need to verify their details. If you’re a new customer, you will be asked to enter your basic details for OKYC.
- 4 Choose the deposit amount, tenor, interest payout type and your bank details
- 5 Pay the amount with net banking or UPI
Upon successful payment, your deposit will be booked and you will receive an acknowledgment via email and SMS within 15 minutes.
Investing in a Bajaj Finance FD is now easier than ever with the online fixed deposit. Simply share your basic details and make your payment online to book your deposit within minutes. The maturity amount will be directly credited into your registered bank account on the day your deposit matures.
Frequently asked questions
When investing in a Bajaj Finance FD, you can choose tenors ranging from 12 to 60 months.
You can start investing with just Rs. 25,000 in a Bajaj Finance Fixed Deposit, or start saving with just Rs. 5,000 per month in a Systematic Deposit Plan.
Yes, you can withdraw your fixed deposit amount after a minimum lock-in period of 3 months. However, you are likely to lose out on the interest amount that you may otherwise earn on your investment. Instead of withdrawing your deposit prematurely, get the funds that you need by choosing a loan against your fixed deposit, at nominal interest rates.
A fixed deposit is best suited for lump sum investments. A systematic deposit plan (SDP) is ideal for those looking to invest a smaller amount every month. Under an SDP, each of your deposits are counted as separate FDs, which earn interest as per the interest rates prevailing on the day of booking.
You are free to make any number of deposits with a fixed deposit from Bajaj Finance. Systematic deposit plans, on the other hand, offer you the option of making between six and 48 deposits.