Fixed deposits for securing your child’s future

2 min read

With rising education, healthcare, and living costs, raising a child requires a significant amount of money. Building a secure future for your child needs financial planning. One of the most popular types among parents is an FD for child. Along with profitable returns, it helps build on your savings over a fixed period.

The Bajaj Finance FD for child helps you grow your savings at a pre-defined and lucrative interest rate. The amount you set aside grows over time at an interest rate of up to 7.60% p.a.. if you are a senior citizen and up to 7.35% p.a. if you are a customer below 60 investing online. You can take back your money upon maturity, after a flexible term of 12 to 60 months, or renew your FD to boost your savings further.

You can also open an FD for child by getting in touch with our represnetative or write to us at wecare@bajajfinserv.in

Here’s a quick look at the features and benefits offered on fixed deposits by Bajaj Finance.

Interest rate

Up to 7.60% p.a.

Minimum tenor

1 year

Maximum tenor

5 years

Deposit amount

Minimum deposit of Rs. 15,000

Application process

Easy and paperless online process

Online payment options

Netbanking and UPI


To plan for your child’s future, use the Bajaj Finance Fixed Deposit Calculator. It helps you forecast your maturity proceeds with ease. Be assured of guaranteed returns at the end of the tenor, as this FD carries some of the highest stability ratings, including CRISIL's FAAA and ICRA's MAAA. These are indicative of timely interest payouts and zero defaults.

You can invest online from the comfort of your home to avoid long queues and secure some of the highest FD rates today. Start investing now for your child's future so that your savings have ample time to grow through the power of compound interest.

How to invest in Bajaj Finance FD

Here are the steps to invest in a Bajaj Finance FD.

(You can start your online application and resume it at a later instance)

  • Click on ‘Invest Online’ to visit our easy online form
  • Enter your phone number, date of birth, and verify yourself with an OTP
  • Provide your basic details for the online KYC process if you are a new customer
  • Verify your details if you are an existing customer
  • Fill deposit amount, tenor, and interest payout type, along with bank details
  • Invest by making a payment via Net Banking or UPI

Upon successful payment, your deposit will be booked. You will receive an acknowledgement via email and SMS within 15 minutes.

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FD for Child FAQs

Can we open FD for child?

Fixed Deposit is an investment option that allows you to earn profitable returns. You can open an FD for your child in two ways:

  • Online FD: You can open an FD online and based on the amount you need for your child’s future, choose the investment amount and tenor.
  • Offline FD: You can also open an FD for minors offline, by getting in touch with our representatives or write to us at wecare@bajajfinserv.in
What is the age for FD?

To invest in Bajaj Finance online FD, all resident individuals should be above 18 years of age. All minors can also apply for Bajaj Finance FD by getting in touch with our representatives or write to us at wecare@bajajfinserv.in

Senior citizens can enjoy additional 0.25% of interest on their Bajaj Finance FD.

Which is better FD or sip?

Both FD and SIP are great investment options that can help grow your money over time. While SIP is dependent on market fluctuations, FD is a safe option that offers profitable returns.

Which is the best FD for child?

Multiple banks and NBFCs offer Fds for child with different interest rates. You can opt for Bajaj Finance FD for child and earn interest upto 7.35% p.a.

How can get FD for minor?

To apply for an FD for a minor through Bajaj Finance you can either get in tocuh with our represnetative or write to us at wecare@bajajfinserv.in

Can I open FD for 1 year?

Bajaj Finance FD for child allows customers to open an FD for tenor ranging from 1 year to 5 years. The interst rate offered on your investment will depend on the tenor you choose.

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