A fixed deposit (FD) is a popular and secure investment option that many people choose to grow their money. When you open a fixed deposit, you park funds for a pre-set tenure. During this time, you earn certain interest on these funds. While you’ve invested in an FD, it’s important to track your interest income. One of the important tools to track your interest income is the FD interest certificate.
This document records details of all your fixed deposit details such as invested amount, rate of interest, tenure, interest accrued and more.
Sections of your fixed deposit interest certificate
Deposit number: This is the unique identification number assigned to your deposit.
Deposit Amount: This is the amount you’ve deposited while opening the FD.
Deposit type: This section talks about the type of FD you’ve selected – cumulative or non-cumulative.
Interest payment frequency: This section gives details of interest payment frequency. It depends on the type of deposit you’ve selected.
Principal payment instruction: This section gives details about how your principal amount will be paid to you depending on the type of FD you’ve selected.
Tenure: This is the duration for which you’ve deposited the funds.
Rate of interest: This is the prevailing rate of interest on which you deposited your funds.
Premature withdrawal till date: This section gives details of the amount you’ve withdrawn prematurely.
Interest adjustment: This section talks about any interest adjustment that happens in case you’ve withdrawn your FD prematurely.
Gross interest accrued: This is the total interest income you’ve received on your deposits.
Tax deducted at source: This section gives you details of tax that got deducted from your interest income.
Net interest accrued: This is the remaining interest income that you receive once TDS is deducted.
If you’ve invested in a Bajaj Finance Fixed Deposit, you can download your interest certificate by using our digital channels. You can visit our customer portal – My Account on the web or use our app to download your FD interest certificate.
Here’s a step-by-step guide to downloading your interest certificate by visiting our customer portal.
- Click on the ‘Download’ button on this page to visit our customer portal – My Account.
- Enter the registered mobile number and the OTP to sign-in.
- Verify your details by entering your date of birth and proceed.
- Select your deposit from the ‘Document Centre’ section.
- Click on the ‘Interest Certificate’ to download it.
If you are on the Bajaj Finserv app, you can follow these simple steps to download your FD interest certificate.
- Click on the ‘Download’ button to go to the ‘Document Centre’ of our app.
- Go to the ‘Deposits’ section to view your FD.
- Select the FD for which you want to download the interest certificate.
- Find all the documents related to your deposit and click on ‘Interest Certificate’ to download it.
