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. You will need documents to complete your investment process if you meet the eligibility criteria.

Eligibility criteria

  • Resident Indians
  • Sole proprietorships
  • Partnership firms and companies
  • Hindu Undivided Families (HUFs)

Documents required

  • PAN
  • Any KYC document: Aadhaar card/Passport/Driving license/Voter ID

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.

How to Invest in a fixed deposit

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.
4. Enter your PAN card and date of birth.
5. 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. You can also upload documents through DigiLocker or manually.
6. Enter additional details like occupation, annual income, and marital status.Mention your family details and a nominee (optional) for your fixed deposit.
7. A declaration will be displayed. Please read it carefully and agree to the terms and conditions of FD.
8. Enter your bank details and proceed to pay.
9. Complete your investment using NetBanking/ UPI or Debit Card.

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 good order).

You can start your booking now and, based on your convenience, resume it at a later instance.

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Frequently asked questions

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:
 
  • Certificate of registration
  • PAN
  • Partnership deed
  • KYC of authorised
  • Signatories
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 a statutory body/ local authority to start a fixed deposit account?

Statutory bodies and local authorities need to submit the following documents to book an FD:

  • Copy of the permission granted by the government authority/ respective ministry to invest
  • Certificate of incorporation/ registration
  • PAN card Latest telephone bill or electricity bill, or bank account statement
  • KYC of authorised signatories.
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
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