Fixed Deposit (FD) Eligibility and Documents

Read on to know the criteria required to apply for fixed deposit.

Eligibility criteria and documents required

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

  • Nationality

    Nationality

    Resident Indians / Non-Resident Indians

  • Investor Type

    Investor Type

    Individuals, Senior Citizens, Minors, Sole Proprietorships, Partnership Firms, HUFs, Clubs, Associations, Societies, and Family Trusts

  • 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.

Read More Read Less

How to invest in a fixed deposit?

Video Image 01:07
   

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).

Read More

Frequently asked questions

What documents are required for a public/ private limited company to invest in a fixed deposit?

To invest in a Bajaj Finance Fixed Deposit, a public/ private limited company needs to submit the following documents:

  1. Certificate of incorporation/registration and Memorandum & Articles of Association
  2. Board resolution permitting investment, opening a deposit and claiming the maturity proceeds
  3. PAN
  4. Latest telephone/ electricity bill or bank account statement
  5. Cancelled cheque
  6. One recent Photograph, PAN or Form 60, and any one valid OVD (PAN, passport, driving license, Voter's identity card) of the authorised signatory(ies). In case such person is a director, then Directors Identification no. is mandatory on application form
  7. BO declaration (part of application form) and KYC of BO as per above point
  8. Names of the relevant persons holding senior management position, on company’s letterhead:
    1. CEO or MD or Manager
    2. Company secretary
    3. Executive/ Whole-Time Director
    4. CFO
    5. Any other persons as approved by the Board as Key Management Personnel
  9. Address proof of registered office and the principal place of its business, if it is different.
What documents are required for a partnership firm to invest in a fixed deposit?

A partnership firm can invest in an FD by submitting the following documents:

  1. Registration Certificate
  2. PAN
  3. Partnership Deed
  4. One recent Photograph, PAN or Form 60, and any one valid OVD (PAN, passport, driving license, Voter's identity card) of the authorised signatory(ies)
  5. BO declaration (part of application form) and KYC of BO as per above point
  6. Names of all partners on entity’s letterhead, signed by authorised signatory(ies)
  7. Address proof of the registered office, and the principal place of its business, if it is different.

What documents are required for a Hindu Undivided Family (HUF) to invest in a fixed deposit?

A HUF can invest in an FD by submitting the following documents:

  • PAN 
  • HUF deed and declaration
  • KYC of Karta
What documents are required for registered societies to open a fixed deposit account?

Registered societies need to submit the following documents to open an FD account:

  • Certificate of registration
  • Bye Laws/ rules
  • Resolution for
  • Opening the account
  • PAN
  • Latest telephone
  • Bill or electricity bill, or bank account statement
  • KYC of authorised
  • Signatories
Show More Show Less