Fixed Deposit (FD) features

Read on to know why our fixed deposit is the best investment option for you.

Features and benefits of our fixed deposit

Features & benefits of our fixed deposit

If you’re looking for a stable and high-yielding investment option, Bajaj Finance’s Fixed Deposit is your answer. Watch this video to know more about its key features.

Watch this video to know everything about our fixed deposit: Features and benefits, interest rates, eligibility criteria, documents required, and steps to apply – all in 90 seconds.

  • Earn secured returns from up to 7.95% p.a.

    Get the highest interest rate on a tenure of 44 months. The longer you invest, the more returns you get.

  • FD features

    Higher FD rates on our special tenures

    We offer higher FD rates on our special tenures of 15, 18, 22, 30, 33, 39 and 44 months.

  • 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)

    Manageyour 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 of up 75% of your invested amount.

  • FD features

    Higher FD rates for senior citizens

    If you are a senior citizen (over 60 years of age), you get 0.25% additional interest rate.

  • FD features

    Renewal of fixed deposit

    Customercan also renew their FD before it matures. The FD can be renewed online through the My Account portal or offline by visiting the branch. The renewal can be done for 12-60 months following five steps.
    Renew FD Now

  • FD features

    Offline branches

    Customers can also visit the Bajaj finance FD branches near them to open a Fixed Deposit account.
    Find FD branch

  • FD features

    Customer service

    Bajaj Finance is always available to help customers with any questions. You can contact our customer care or write to us with any fixed deposit questions.

  • A fixed deposit is a savings option that helps you earn interest on savings invested with a financial institute of your choice. You can choose to get returns periodically or at maturity. The rate of interest earned is higher than money kept in savings accounts.

    With Bajaj Finance, you get attractive FD interest rates of up to 7.95% p.a., along with the convenience of investing from the comfort of your home with an end-to-end paperless investment process. Investing in a fixed deposit is the best way to safeguard your savings with market volatility and unprecedented market movements. Bajaj Finance provides investors with the dual benefit of the safety of deposit and attractive returns owing to the high FD interest rates.

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FD rates for customers below 60 years

Revised interest rates for deposits starting at Rs. 15,000 up to Rs. 5 Crore (w.e.f November 22, 2022)
 *Special interest rates are offered on tenure of 15, 18, 22,30,33, 39 and 44 months.

Tenure in months Cumulative FD (interest + principal amount paid at maturity) Non-cumulative (interest paid at a defined frequency, principal paid at maturity)
At Maturity (p.a.) Monthly (p.a.) Quarterly (p.a.) Half Yearly (p.a.) Annual (p.a.)
12-14 6.80% 6.60% 6.63% 6.69% 6.80%
15* 6.95% 6.74% 6.78% 6.83% 6.95%
16-17 6.80% 6.60% 6.63% 6.69% 6.80%
18* 7.00% 6.79% 6.82% 6.88% 7.00%
19-21 6.80% 6.60% 6.63% 6.69% 6.80%
22* 7.10% 6.88% 6.92% 6.98% 7.10%
23 6.80% 6.60% 6.63% 6.69% 6.80%
24-29 7.25% 7.02% 7.06% 7.12% 7.25%
30* 7.30% 7.07% 7.11% 7.17% 7.30%
31-32 7.25% 7.02% 7.06% 7.12% 7.25%
33* 7.30% 7.07% 7.11% 7.17% 7.30%
34-35 7.25% 7.02% 7.06% 7.12% 7.25%
36-38 7.50% 7.25% 7.30% 7.36% 7.50%
39* 7.60% 7.35% 7.39% 7.46% 7.60%
40-43 7.50% 7.25% 7.30% 7.36% 7.50%
44* 7.70% 7.44% 7.49% 7.49% 7.70%
45-60 7.50% 7.25% 7.30% 7.36% 7.50%

FD rates for senior citizens (customers above 60 years) (0.25% p.a. extra)

Revised interest rates for deposits starting at Rs. 15,000 up to Rs. 5 Crore (w.e.f November 22, 2022)
*Special interest rates are offered on tenure of 15, 18, 22, 30, 33, 39 and 44 months.

Tenure in months Cumulative (interest + principal amount paid at maturity) Non-cumulative (interest paid at a defined frequency, principal paid at maturity)
At Maturity (p.a.) Monthly (p.a.) Quarterly (p.a.) Half Yearly (p.a.) Annual (p.a.)
12-14 7.05% 6.83% 6.87% 6.93% 7.05%
15* 7.20% 6.97% 7.01% 7.08% 7.20%
16-17 7.05% 6.83% 6.87% 6.93% 7.05%
18* 7.25% 7.02% 7.06% 7.12% 7.25%
19-21 7.05% 6.83% 6.87% 6.93% 7.05%
22* 7.35% 7.11% 7.16% 7.22% 7.35%
23 7.05% 6.83% 6.87% 6.93% 7.05%
24-29 7.05% 7.25% 7.30% 7.36% 7.50%
30* 7.55% 7.30% 7.35% 7.41% 7.55%
31-32 7.50% 7.25% 7.30% 7.36% 7.50%
33* 7.55% 7.30% 7.35% 7.41% 7.55%
34-35 7.50% 7.25% 7.30% 7.36% 7.50%
36-38 7.75% 7.49% 7.53% 7.61% 7.75%
39* 7.85% 7.58% 7.63% 7.70% 7.85%
40-43 7.75% 7.49% 7.53% 7.61% 7.75%
44* 7.95% 7.67% 7.72% 7.80% 7.95%
45-60 7.75% 7.49% 7.53% 7.61% 7.75%

Frequently asked questions

What is the minimum amount for investing in a Bajaj Finance Fixed Deposit?

You can start saving with just Rs. 15,000 in Fixed Deposit or start saving with just Rs. 5,000 per month in a Systematic Deposit Plan.

Will the new rate apply to my existing deposit?

No. Since you have locked booked your FD with us at a specific rate, you will continue receiving that rate until maturity.

Can I withdraw from my fixed deposit before maturity?

Yes, you can withdraw from your fixed deposit after a minimum lock-in period of 3 months. However, this may lead to a loss of interest, which can be avoided by taking a loan against a fixed deposit at nominal interest rates.

What are the benefits of the Bajaj Finance Fixed Deposit?

The Bajaj Finance Limited Fixed Deposit offers a host of benefits, such as:

  • The minimum deposit amount is Rs. 15,000
  • Rated FAAA/ Stable by CRISIL and MAAA/ Stable by ICRA, which means the highest safety of your money
  • Attractive rate of interest for your money to grow periodically.
  • Choose an investment tenure from 12 to 60 months
  • Branch presence across over 1,000 locations in India
  • Access to all product details on our customer portal – My Account
  • The flexibility of payment options through electronic or physical modes
  • Special rates for senior citizens, existing customers, and group employees
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