Fixed deposit variants
How to invest in mutual funds
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How to invest in mutual funds
Level up your investment game. Invest smarter not harder.
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A step-by-step guide to invest in mutual funds
Step 1: Verify your details for KYC Compliance
- Tap on ‘Invest Now’ to get started.
- Enter your PAN, Name, Date of Birth (as mentioned in your PAN card).
- Agree to the Mutual Funds Terms of Use.
Step 2: Email Verification- Once you pass KYC compliance, move on to verify your email.
Step 3: Update your Bank Details
- Enter your Account Holder Name, Account Number, IFSC code, and Account Type.
- We will deposit Rs. 1 to confirm your account.
Step 4: Enter Basic Details- Gender
- Occupation
- Pin Code
- Address
Step 5: Upload your Signature- Upload your signature to be used for your account opening process.
Step 6: Complete the Nominee & FATCA details for your portfolioAnd you’re done!
You can now select your choice of funds, choose the investment mode (SIP/ Lumpsum) and payment mode (Net banking, UPI, NEFT/ RTGS).
How to invest in a fixed deposit
01:07
How to invest in Bajaj Finance Fixed Deposit?
Here’s how you can invest in Bajaj Finance Fixed Deposit.
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A step-by-step guide to invest in a fixed deposit
Step 1: Visit the Bajaj Finserv website or download the app from Google Play Store or App Store
Step 2: Navigate to 'Investments' and click on 'All Investments' on the home page
Step 3: Click on 'Digital FD' icon. You will be redirected to the Fixed Deposit (FD) page
Step 4: Click on ‘OPEN FD’. The online application form will open
Step 5: Enter your 10-digit mobile number and verify the OTP sent to your phone
Step 6: Fill in the investment amount, choose the investment tenure and the payout frequency. Enter your PAN card and date of birth
Step 7: Complete your KYC
- If you are an existing customer, confirm the details available with us, or edit to make any changes
- For new customers, complete your KYC using Aadhaar Card
Step 8: A declaration will be displayed. Please read it carefully and agree to the terms and conditions
Step 9: Enter your bank details and proceed to pay
Step 10: Complete your investment using NetBanking/ UPI or NEFT/ RTGS
Once your fixed deposit is booked, you will receive the Fixed Deposit Acknowledgement (FDA) on your registered email address and as a link on your mobile number. An Electronic Fixed Deposit Receipt (e-FDR) will also be sent to your email ID within 3 working days (subject to documents being in the correct order).
Frequently asked questions
Bajaj Finance has launched a new variant, "FD Max", for investments up to Rs. 25,000. Bajaj Finance is providing one of the highest interest rates of up to 8.60% p.a. for senior citizens and up to 8.35% p.a. for non-senior citizens, in this variant.
Bajaj Finance has launched the "Bajaj Finance Digital FD" with a tenure of 42 months. It offers one of the highest interest rates, up to 8.60% p.a. for senior citizens, while customers below 60 years of age can earn up to 8.35% p.a. with the Bajaj Finance Digital FD Max on deposit amounts up to Rs. 25,000. For deposit amounts exceeding Rs. 25,000, senior citizens can earn interest rates of up to 8.40% p.a., and customers below 60 years of age can receive up to 8.15% p.a. The Digital FD can be managed through the website or app.
80C allows investor to invest up to Rs. 1.5 Lakh in various investment options. To avail tax exemption under 80C, you may invest in ELSS (tax saving) schemes of mutual funds through our platform/ app. To invest in tax saving schemes click here.
While selecting an investment avenue, you have to match your own risk profile with the associated risks of the product before investing. There are some investments that carry high risk but have the potential to generate higher inflation-adjusted returns than other asset class in the long term such as mutual funds, stocks. While some investments come with low-risk and therefore stable returns such as Fixed Deposits and Debt Mutual Funds.
There are multiple investment options offering high returns. Some of them include:
a. Fixed Deposit
b. Mutual Funds
Investing is a successful approach to use your money and possibly increase your fortune. Your money may grow and outpace inflation if you make wise investment decisions. The power of compounding and the trade-off between risk and return is the main reasons investment has higher growth potential.
A fixed deposit is secure compared to market-dependent investment options like a mutual fund, SIP, and stock. Since a fixed deposit is not based on market expansion, its interest rate does not change over the course of its duration. Bajaj Finance FD rates have been rated CRISIL AAA/STABLE and [ICRA]AAA(Stable). Fixed Deposit is one of the safest investment options in India as it enables the depositor to take control of the investments with great flexibility and offers guaranteed returns.
Know more about Fixed Deposit.
An Asset Management Company (AMC) is a business that manages client funds, pooled together. These funds are invested in a multiple assets, such as stocks, bonds, real estate, master limited partnerships, and other investments.
Bajaj Finance FD rates have been rated CRISIL AAA/STABLE and [ICRA]AAA(Stable). Fixed Deposit is one of the safest investment options in India as it enables the depositor to take control of the investments with great flexibility and offers profitable returns.
When you invest in a fixed deposit, your money is locked in for the duration of the FD, and you receive the interest. The investor can choose whether to receive such interest income regularly on a monthly, quarterly, half-yearly, or annual basis.
Regular mutual funds are traditional mutual fund schemes that are distributed through intermediaries like brokers, banks, and financial advisors. Fund house or Mutual fund company (AMC) typically pay a commission or fee to these intermediaries for recommending and selling these funds. These funds are regulated by SEBI and offer a variety of investment options such as equity, debt, and hybrid funds.
To invest in stocks, you need to open a Demat account with us. Please click on “Open Account” and follow below steps:
Step 1: Update personal, address, and bank details.
Step 2: Choose subscription plan and make payment.
Step 3: Upload KYC documents.
Step 4: Complete your video KYC.
Step 5: E-sign through Aadhar & submit application.
To start a SIP, click on ‘Mutual Funds’ icon and select a scheme from 900+ direct plans for investment. You may choose to start your investment with as low as Rs. 100. Once done, add date of investment, SIP duration and select payment mode for first upfront instalment (UPI/ Netbanking/ NEFT).
- In case autopay is already approved, select the approved mandate from ‘Select AutoPay section. Your SIP once registered will automatically get deducted through this mandate.
- In case autopay is incomplete/ not yet approved, you will be re-directed to Autopay setup page post first upfront instalment.
