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.
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Earn secured returns from up to 8.60% p.a.
Get the highest interest rate on a tenure of 44 months. The longer you invest, the more returns you get.
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Higher FD rates on our special tenures
We offer higher FD rates on our special tenures of 15, 18, 22, 30, 33, and 44 months.
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Highest credit ratings
Our highest [ICRA]AAA(Stable) and CRISIL AAA/STABLE ratings ensure that your deposits are secured with us.
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Higher FD rates for senior citizens
If you are a senior citizen (over 60 years of age), you get up to 0.25% p.a. additional FD interest rate.
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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).
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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.
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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 -
Loan Against your Fixed Deposit (LAFD)
You can raise a loan against your fixed deposit. For cumulative deposit, loan of up 75% of your invested amount and 60% of your FD in case of non-cumulative FD.
FD rates for customers below 60 years
Revised interest rate for deposits starting at Rs. 15,000 up to Rs. 5 crore (w.e.f May 10, 2023)
*special interest rates are offered on tenure of 15, 18, 22, 30, 33, and 44 months
| Tenure in |
months Cumulative |
(interest + principal amount payment at maturity) Non-cumulative |
(interest payout at 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 | 7.40% | 7.16% | 7.20% | 7.27% | 7.40% |
| 15* | 7.45% | 7.21% | 7.25% | 7.32% | 7.45% |
| >15-17 | 7.50% | 7.25% | 7.30% | 7.36% | 7.50% |
| 18* | 7.40% | 7.16% | 7.20% | 7.27% | 7.40% |
| 19-21 | 7.50% | 7.25% | 7.30% | 7.36% | 7.50% |
| 22* | 7.50% | 7.25% | 7.30% | 7.36% | 7.50% |
| 23 | 7.50% | 7.25% | 7.30% | 7.36% | 7.50% |
| 24 | 7.55% | 7.30% | 7.35% | 7.41% | 7.55% |
| 25-29 | 7.35% | 7.11% | 7.16% | 7.22% | 7.35% |
| 30* | 7.45% | 7.21% | 7.25% | 7.32% | 7.45% |
| 31-32 | 7.35% | 7.11% | 7.16% | 7.22% | 7.35% |
| 33* | 7.75% | 7.49% | 7.53% | 7.61% | 7.75% |
| 34-35 | 7.35% | 7.11% | 7.16% | 7.22% | 7.35% |
| 36 - 43 | 8.05% | 7.77% | 7.82% | 7.89% | 8.05% |
| 44* | 8.35% | 8.05% | 8.10% | 8.18% | 8.35% |
| 45-60 | 8.05% | 7.77% | 7.82% | 7.89% | 8.05% |
FD rates for senior citizens (customers above 60 years) (inclusive of additional rate benefit of up to 0.25% p.a.)
Revised interest rates for deposits starting at Rs. 15,000 up to Rs. 5 crore (w.e.f May 10, 2023)
*special interest rates are offered on tenure of 15, 18, 22, 30, 33, and 44 months.
| Tenure in |
months Cumulative |
(interest + principal amount payment at maturity) Non-cumulative |
(interest payout 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 | 7.65% | 7.39% | 7.44% | 7.51% | 7.65% |
| 15* | 7.70% | 7.44% | 7.49% | 7.56% | 7.70% |
| >15-17 | 7.75% | 7.49% | 7.53% | 7.61% | 7.75% |
| 18* | 7.65% | 7.39% | 7.44% | 7.51% | 7.65% |
| 19-21 | 7.75% | 7.49% | 7.53% | 7.61% | 7.75% |
| 22* | 7.75% | 7.49% | 7.53% | 7.61% | 7.75% |
| 23 | 7.75% | 7.49% | 7.53% | 7.61% | 7.75% |
| 24 | 7.80% | 7.53% | 7.58% | 7.65% | 7.80% |
| 25-29 | 7.60% | 7.35% | 7.39% | 7.46% | 7.60% |
| 30* | 7.70% | 7.44% | 7.49% | 7.56% | 7.70% |
| 31-32 | 7.60% | 7.35% | 7.39% | 7.46% | 7.60% |
| 33* | 8.00% | 7.72% | 7.77% | 7.85% | 8.00% |
| 34-35 | 7.60% | 7.35% | 7.39% | 7.46% | 7.60% |
| 36 - 43 | 8.30% | 8.00% | 8.05% | 8.13% | 8.30% |
| 44* | 8.60% | 8.28% | 8.34% | 8.42% | 8.60% |
| 45-60 | 8.30% | 8.00% | 8.05% | 8.13% | 8.30% |
Frequently asked questions
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.
No. Since you have locked booked your FD with us at a specific rate, you will continue receiving that rate until 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.
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