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Enjoy higher interest rate with Bajaj Finance Digital FD. Unlock returns of up to 8.85% p.a. by investing for 42 months via our website and app.

FD calculator

FD Calculator

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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 up to Rs. 5 crore (03 Apr, 2024) 

*Experience higher interest rate of up to 8.50% p.a. on a 42-month Digital FD, available exclusively on our website and app.

Bajaj Finance Digital FD

New Product Launch
Tenure in
months
At maturity (p.a.) Monthly (p.a.) Quarterly (p.a.) Half yearly (p.a.) Annual (p.a.)
42* 8.60% 8.28% 8.34% 8.42% 8.60%

Customers below the age of 60 – Special Period

Tenure in
months
At maturity (p.a.) Monthly (p.a.) Quarterly (p.a.) Half yearly (p.a.) Annual (p.a.)
18* 7.80% 7.53% 7.58% 7.65% 7.80%
22* 7.90% 7.63% 7.68% 7.75% 7.90%
33* 8.10% 7.81% 7.87% 7.94% 8.10%
44* 8.25% 7.95% 8.01% 8.09% 8.25%

Customers below the age of 60 – Regular Period

Tenure in
months
At maturity (p.a.) Monthly (p.a.) Quarterly (p.a.) Half yearly (p.a.) Annual (p.a.)
12 - 14 7.40% 7.16% 7.20% 7.27% 7.40%
15 - 23 7.50% 7.25% 7.30% 7.36% 7.50%
24 - 35 7.80% 7.53% 7.58% 7.65% 7.80%
36 - 60 8.10% 7.81% 7.87% 7.94% 8.10%

FD rates for customers above the age of 60

Fixed Deposit Annualized rate of interest for senior citizens valid for deposit of up to Rs. 5 crore (03 Apr, 2024)

Bajaj Finance Digital FD

New Product Launch
Tenure in
months
At maturity (p.a.) Monthly (p.a.) Quarterly (p.a.) Half yearly (p.a.) Annual (p.a.)
42* 8.85% 8.51% 8.57% 8.66% 8.85%

Senior Citizen – Special Period

Tenure in
months
At maturity (p.a.) Monthly (p.a.) Quarterly (p.a.) Half yearly (p.a.) Annual (p.a.)
18* 8.05% 7.77% 7.82% 7.89% 8.05%
22* 8.15% 7.86% 7.91% 7.99% 8.15%
33* 8.35% 8.05% 8.10% 8.18% 8.35%
44* 8.50% 8.19% 8.24% 8.33% 8.50%

Senior Citizen – Regular Period

Tenure in
months
At maturity (p.a.) Monthly (p.a.) Quarterly (p.a.) Half yearly (p.a.) Annual (p.a.)
12 - 14 7.65% 7.39% 7.44% 7.51% 7.65%
15 - 23 7.75% 7.49% 7.53% 7.61% 7.75%
24 - 35 8.20% 7.91% 7.96% 8.04% 8.20%
36 - 60 8.35% 8.05% 8.10% 8.18% 8.35%

4 unique variants of our deposits

  • Bajaj Finance Digital FD

    The Bajaj Finance Digital FD, a hallmark of secure and high-yielding investments, offers an attractive interest rate of up to 8.85% p.a. on a fixed deposit tenure of 42 months. You can only book the Bajaj Finance Digital FD online, through the Bajaj Finserv website or app. By combining the trust of Bajaj Finance with the ease of digital transactions, Digital FD is a great investment option for investors of today!

  • Term Deposit

    We offer term deposits, commonly referred to as fixed deposits, starting from as low as Rs. 15,000. You can open a fixed deposit online and opt for a range of tenures from 12 months to 60 months. From time to time, we offer special tenures with higher interest rates. In our fixed deposit, you invest a fixed amount for a fixed tenure and get the interest either at maturity or at a defined frequency.

  • Systematic Deposit Plan- Single Maturity Scheme (SMS)

    We have created a special deposit plan for customers interested in making regular deposits. It is referred to as a Systematic Deposit Plan (SDP). In an SDP, you can invest as low as Rs. 5,000 every month for a defined tenure (19 to 60 months). Under the Single Maturity Scheme (SMS), you get the ‘principal + interest’ at maturity. The interest on each new deposit is calculated based on the prevailing interest rates in the deposit month.

  • Systematic Deposit Plan- Monthly Maturity Scheme (MMS)

    We have created a special deposit plan for customers interested in making recurring deposits, referred to as a Systematic Deposit Plan (SDP). In an SDP, you can invest as low as Rs. 5,000 every month for a defined tenure (12 to 60 months). Under the Monthly Maturity Scheme (MMS), ‘principal + interest’ for each deposit is paid monthly, on maturity of each deposit.

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Features and benefits of our fixed deposit

All you need to know about our Fixed Deposit 00:58

All you need to know about our Fixed Deposit

Watch this video to know more about the key features of a Bajaj Finance Fixed Deposit

  • FD features

    Bajaj Finance Digital FD – Interest Up To 8.85% p.a.

    Unlock higher returns, earning up to 8.85% p.a., with the Bajaj Finance Digital FD for 42 months — available exclusively on our website and app.

  • FD features

    Higher FD rates on our special tenure

    We offer higher FD rates on our special tenures of 18, 22, 33, 42 and 44 months.

  • Earn secured returns up to 8.85% p.a.

    Earn secured returns up to 8.85% p.a.

    Get the highest interest rate on a tenure of 42 months. The longer you invest, the more returns you get.

  • FD features

    Higher FD rates for senior citizens

    If you are a senior citizen (over 60 years of age), you get up to 0.40% p.a. additional FD interest rate.

  • FD features

    Highest credit ratings

    Our highest [ICRA]AAA(Stable) and CRISIL AAA/STABLE ratings ensure that your deposits are secured with us.

  • FD features

    Flexible interest payout

    We offer monthly, quarterly, half-yearly, and yearly interest payout options. You also have the option of full payout (interest + principal) at the end of the tenure (maturity).

  • FD features

    End-to-end online process

    We have created an end-to-end online process where you can book an FD without going to any branch.

  • FD features

    Dedicated customer portal (My Account)

    Manage your FD online. Download your Fixed Deposit Receipt (FDR), Interest Certificate (IC), Statement of Accounts (SOA) and other relevant documents. 
    Login to My Account

  • FD features

    Loan Against your Fixed Deposit (LAFD)

    You can raise a loan against your fixed deposit. For cumulative deposit, loan of up to 75% of your invested amount and up to 60% of your FD in case of non-cumulative FD.

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Eligibility criteria and documents required

Anyone can book our fixed deposit if they meet the basic criteria mentioned below.

  • Nationality

    Nationality

    Resident Indians

  • Investor Type

    Investor Type

    Individuals, Senior Citizens

  • Documents Required

    Documents Required

    PAN and any KYC document: Aadhaar card/Passport/Driving license/Voter ID

  • *Documents can also be fetched from registered KYC.

    You can update KYC Via CKYC, OKYC & Digi locker

    Non-Resident Indians (NRIs), Persons of Indian Origin (PIO) and Overseas Citizens of India (OCI) can connect with our representative or write to us on wecare@bajajfinserv.in.

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  • Did you know?

    Senior citizens get a higher rate of return on their investments.

  • Did you know?

    You can opt for a loan against your fixed deposit investment.

  • Did you know?

    With Bajaj Finance Digital FD you can get up to 8.85% p.a. interest.

  • Did you know?

    Bajaj Finance FD is highest CRISIL AAA/STABLE and [ICRA]AAA(Stable) rated.

How to invest in a fixed deposit?

Video Image 01:00
   

A step-by-step guide to invest in a fixed deposit

1. Click on ‘Open FD' at the top of this page to open our online application form.
2. Enter your 10-digit mobile number and verify the OTP sent to your phone.
3. Fill in the investment amount, choose the investment tenure and the payout frequency. Enter your PAN card and date of birth.
4. 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.
5. A declaration will be displayed. Please read it carefully and agree to the terms and conditions. Enter your bank details and proceed to pay.
6. 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).

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How to renew your fixed deposit ?

You have the option to renew your FD up to 24 hours before maturity. Follow the 6 steps below:

  • FD renewal

    Step 1:

    Sign in to our Customer Portal – My Account with your registered date of birth, mobile number, and OTP. 

  • FD renewal

    Step 2:

    Click on ‘My Relations’, available on your home page. Click on ‘View All’ to see all your relationships with us.

  • FD renewal

    Step 3:

    Of all your relationships, select the fixed deposit that you want to renew, and click on ‘Renew your Fixed Deposit’.

  • FD renewal

    Step 4:

    All the details about your FD, including interest rate and maturity amount, will be shown along with the bank details. Click on ‘PROCEED’.

  • FD renewal

    Step 5:

    Choose from the three renewal options – ‘Principal’, ‘Principal + Interest’ or ‘Partial Renewal’. Also, select the payout frequency and tenure.

  • FD renewal

    Step 6:

    Accept the Terms and Conditions and verify your renewal details using the OTP sent on your mobile number.

Frequently asked questions

What is the Digital FD offered by Bajaj Finance?

Bajaj Finance has launched a new FD, "Bajaj Finance Digital FD", for a period of 42 months. Bajaj Finance is providing one of the highest interest rates of up to 8.85% p.a. for senior citizens and for the customers below the age of 60 they are providing a rate of up to 8.60% p.a. The Digital FD can be opened and managed only through the Bajaj Finserv website or app.

What is a fixed deposit, and how does it work?

Fixed Deposit is an investment tool offered by banks and non-banking financial institutions (NBFCs), through which you can invest your money for a specific amount of time at a fixed interest rate.
When you invest in an FD, the financial institution assures you that it will return your money at the end of the tenure, often known as the maturity period, and will also pay you interest.

What is the tenure for investing in a Bajaj Finance FD?

Bajaj Finance offers flexible tenure options to all customers. While investing, you can choose any tenure from 12 months to 60 months. The interest rate for each investment varies based on the tenure selected by the investor. Bajaj Finance also offers special returns on special tenures of 18, 22, 33, 42 and 44 months.

What is the minimum amount for investing in a fixed deposit?

The minimum amount for investing in a fixed deposit with Bajaj Finance is Rs. 15,000.

Can I withdraw from my fixed Deposit before maturity?

Bajaj Finance allows premature withdrawal option for fixed deposits to all the depositors, which allows them to close the FD before the scheduled maturity date.
Click Here to know more about how to avoid premature FD withdrawal.

How is the Systematic Deposit Plan different from a fixed deposit?

A fixed deposit is a one-time investment option that allows you to invest lumpsum money for a particular duration at the interest rates applicable during the time of investment.

A systematic deposit plan is a monthly investment option in which the customer can make small monthly instalments starting at just Rs. 5,000.
Each investment done every month acts as a fresh FD and will have different rates based on the interest rate applicable during investment.

How many deposits can I make with Bajaj Finance Fixed Deposit?

There is no limit to the number of deposits you can make with Bajaj Finance Fixed Deposit. Presently Bajaj Finance offers FD rates up to 8.85% p.a.

How much can be deposited in a fixed deposit?

Customers looking for online FD booking can invest between Rs. 15,000 to Rs. 5 crore in Bajaj Finance Fixed Deposit.

For offline investors, there is no upper limit to the investment amount.

Can I get monthly interest on FD?

Yes, you can obtain monthly interest on a fixed deposit by selecting an FD non-cumulative monthly scheme.

With the non-cumulative scheme by Bajaj Finance, customers can choose to fund their regular expenses by getting a periodic income.

How can I invest in a fixed deposit?

Investing in Bajaj Finance Fixed Deposit is easy. You can invest in FD via either online or offline mode. You can invest offline through your nearest branches or our representatives.

Is Bajaj Finance Fixed Deposit safe?

Yes, investing in Bajaj Finance Fixed Deposit is safe. It is accredited with [ICRA]AAA(Stable) and CRISIL AAA/STABLE ratings, which indicate the highest level of safety and lowest investment risk.

What are the minimum and maximum investment tenure?

The tenure for Bajaj Finance Fixed Deposit ranges from 12 to 60 months.

Is it good to invest in FD now?

In India, FDs have gained popularity as a means of saving money. These low-risk investments come with tax advantages and a fixed interest rate on your deposit. They are a safe and secure option, and opening an FD is hassle-free. You can earn interest on your deposits by investing in FDs.

With highest credit rating of CRISIL AAA/STABLE and [ICRA]AAA(STABLE), Bajaj Finance offers higher FD rates of up to 8.85% p.a. to senior citizens, and up to 8.60% p.a. for customers below 60 years of age. With a minimum amount of Rs. 15,000, you can start investing with an end-to-end online application process.

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Disclaimer

As regards deposit taking activity of Bajaj Finance Ltd (BFL), the viewers may refer to the advertisement in the Indian Express (Mumbai Edition) and Loksatta (Pune Edition) furnished in the application form for soliciting public deposits or refer https://www.bajajfinserv.in/fixed-deposit-archives
The company is having a valid Certificate of Registration dated March 5, 1998 issued by the Reserve Bank of India under section 45 IA of the Reserve Bank of India Act, 1934. However, the RBI does not accept any responsibility or guarantee about the present position as to the financial soundness of the company or for the correctness of any of the statements or representations made or opinions expressed by the company and for repayment of deposits/discharge of the liabilities by the company.

For the FD calculator the actual returns may vary slightly if the Fixed Deposit tenure includes a leap year.