FD rates for customers below the age of 60
Fixed Deposit annualised rate of interest for customers below the age of 60 is valid for deposit amounts from Rs. 15,000 to Rs. 3 crore (w.e.f 11 June, 2025) exclusively on website and app.
Non-Senior Citizens
| Tenure in |
months At maturity (p.a.) |
Monthly (p.a.) |
Quarterly (p.a.) |
Half yearly (p.a.) |
Annual (p.a.)
|
|
|---|---|---|---|---|---|
| 12 - 14 | 6.60% | 6.41% | 6.44% | 6.49% | 6.60% |
| 15 - 23 | 6.75% | 6.55% | 6.59% | 6.64% | 6.75% |
| 24 – 60 | 6.95% | 6.74% | 6.78% | 6.83% | 6.95% |
FD rates for customer above the age of 60
Fixed Deposit annualised rate of interest for senior citizens is valid for deposit amounts from Rs. 15,000 to Rs. 3 crore (w.e.f 11 June, 2025) exclusively on website and app.
Senior Citizens
| Tenure in |
months At maturity (p.a.) |
Monthly (p.a.) |
Quarterly (p.a.) |
Half yearly (p.a.) |
Annual (p.a.)
|
|
|---|---|---|---|---|---|
| 12 - 14 | 6.95% | 6.74% | 6.78% | 6.83% | 6.95% |
| 15 - 23 | 7.10% | 6.88% | 6.92% | 6.98% | 7.10% |
| 24 - 60 | 7.30% | 7.07% | 7.11% | 7.17% | 7.30% |
Fixed Deposit yield table
The term "yield" describes the profits produced and realised on an investment over a specific time frame. It is shown as a percentage based on the amount invested, the security's current market value, or its face value. The interest earned by customers on the investment is also included in the yield.
Maturity = Principal[(1+interestYield table for customers
rate /interest frequency)^(frequency x no of years)]below 60 years of age
Yield = [(Maturity-principal)/principal]/no of years]
Yield table for customers below 60 years of age
On an investment of Rs. 15,000, the yield for different tenures is mentioned below:
| Period (in months) |
Minimum amount (Rs.) |
FD rates w.e.f 11 June, 2025 (p.a.) |
Yield w.e.f 11 June, 2025 (p.a.) |
Payable amount (Rs.)
|
|
|---|---|---|---|---|
| 12 | 15,000 | 6.60% | 6.60% | 15,990 |
| 15 | 15,000 | 6.75% | 6.81% | 16,285 |
| 24 | 15,000 | 6.95% | 7.19% | 17,157 |
| 60 | 15,000 | 6.95% | 7.99% | 20,989 |
Yield table for senior citizens (customers above 60 years of age)
| Period (in months) |
Minimum amount (Rs.) |
FD rates w.e.f 11 June, 2025 (p.a.) |
Yield w.e.f 11 June, 2025 (p.a.) |
Payable amount (Rs.)
|
|
|---|---|---|---|---|
| 12 | 15,000 | 6.95% | 6.95% | 16,043 |
| 15 | 15,000 | 7.10% | 7.16% | 16,352 |
| 24 | 15,000 | 7.30% | 7.57% | 17,270 |
| 60 | 15,000 | 7.30% | 8.45% | 21,335 |
Fixed deposit variants
Special features of Bajaj Finance Fixed Deposit
Bajaj Finance Fixed Deposit are designed to combine safety, flexibility, and better returns to help you grow your savings. Here's why they’re worth considering:
- Bajaj Finance offers some of the most competitive fixed deposit interest rates in the market, up to 6.95% p.a. for customers below 60 and up to 7.30% p.a. for senior citizens. The final rate depends on your deposit amount and the tenure you select.
- With flexible tenure options ranging from 12 to 60 months, you can easily match your FD to your short-term or long-term financial plans.
- You can start investing with just Rs. 15,000, which makes it a good starting point even for new investors who are looking to test the waters.
- You have the freedom to pick between cumulative interest (paid at maturity) or non-cumulative options with monthly, quarterly, half-yearly, or yearly payouts, depending on what suits you best.
- These FDs come with high safety ratings from CRISIL(AAA/STABLE) and [ICRA]AAA(Stable), it’s one of the few fixed deposits that have this level of credibility.
- In case of urgent needs, investors can avail loans against their fixed deposit—up to 75% of the invested amount for cumulative.
Pro tip
Bajaj Finance offers attractive Fixed Deposit interest rates of up to 6.95% p.a. for non-senior citizens, and up to 7.30% p.a. for senior citizens, inclusive of an additional rate benefit of up to 0.35% p.a.
How to invest in a fixed deposit?
00:35
Frequently asked questions
Yes, you can always choose periodic interest payouts and opt for monthly interest on your Fixed Deposit. To calculate the monthly fixed deposit interest amount, you can use FD interest calculator.
Yes, the fixed deposit interest is fully taxable. The interest you earn is added to your total income and taxed at slab rates applicable to your total income. Your income tax return is shown under 'Income from Other Sources’. In addition to income tax, banks and companies also deduct TDS from your interest income. You can also check your TDS on FD interest.
When investing in a fixed deposit for a specific tenure, you gain returns on your deposit based on the latest fixed deposit rates offered by your FD issuer. The current fixed deposit rates are low, but you can get the dual benefit of safety and high returns with a Bajaj Finance Fixed Deposit with the latest FD.
Choosing the right scheme for the best-fixed deposit rates is essential, based on your requirement. You have the option to get your interest at the end of your maturity period or opt for periodic payout options. If you'd like to tend to your regular expenses, you can choose the option of periodic payouts, but if you'd like a lump sum amount at the end of your tenure, you can choose to get your fixed deposit interest at the end of your tenure.
Some investors also consider the current FD rates when planning to invest. While this may be a great way to grow your savings, it is also essential to make sure your NBFC FD has the highest safety ratings so that your principal amount is not at risk.
With Bajaj Finance, you can choose an FD tenure between 12 and 60 months. The FD interest rate goes up to 7.30% p.a. for senior citizens and up to 6.95% p.a. for customers below 60. Want to know exactly how much you’ll earn? Try out the FD calculator to get a quick estimate based on your investment amount and tenure.
Senior citizens investing in a Bajaj Finance Fixed Deposit can earn interest rates of up to 7.30% p.a., thanks to an additional rate benefit of up to 0.35% p.a. over the regular FD rates. It’s a great way to grow your savings with minimal risk.
FD rates are influenced by several factors like inflation, market trends, and RBI policies. These rates are revised from time to time by banks and NBFCs. At Bajaj Finance, the latest FD interest rates are up to 7.30% p.a. Check the updated rates before you invest to make the most of your money.
FD interest rates in 2025 vary across different financial institutions. For Bajaj Finance FDs, the rates range from 6.41% p.a. to 6.95% p.a. for customers below 60 years. For senior citizens, the rates are even better—ranging from 6.74% p.a. to 7.30% p.a.
Yes, absolutely. Bajaj Finance offers senior citizen FDs with a rate benefit of up to 0.35% p.a. over the regular rates. These FDs are designed to provide both safety and steady income, with flexible interest payout options. The highest interest rate available for senior citizens is up to 7.30% p.a., making it one of the more rewarding fixed-income options around.
The interest for Rs. 1 lakh FD depends on the tenure and the financial institution's interest rates.
Yes, it absolutely can be. If you prefer getting a regular payout, you can opt for monthly interest payments on your FD. You also have the flexibility to choose quarterly, half-yearly, annual, or even get the entire interest at maturity—whatever works best for your needs.
That depends on two main things-how long you want to stay invested and the interest rate being offered. FD interest rates usually fall between 5% and 10% p.a., and the longer you stay invested, the more you stand to earn. It’s best to check the current rates and try a simple FD calculator to see exactly how much you’ll get.
TDS on Fixed Deposit interest is deducted when the interest earned exceeds Rs. 50,000 in a financial year (Rs. 1,00,000 for senior citizens) for banks and Rs. 5,000 for NBFCs. It is deducted at the time of credit or payment of the interest, whichever is earlier.
Bajaj Finance Fixed Deposits offer competitive interest rates up to 6.95% p.a. for general investors and up to 7.30% p.a. for senior citizens, making it one of the highest FD rates in the market for secure, steady returns.
