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

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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More details:

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 8.85% 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.
 

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%

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 AAA/ Stable by CRISIL and AAA/ 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
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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.