How to renew your fixed deposit ?
You have the option to renew your FD up to 24 hours before maturity. Follow the 6 steps below:
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Step 1:
Sign in to our Customer Portal – My Account with your registered date of birth, mobile number, and OTP.
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Step 2:
Click on ‘My Relations’, available on your home page. Click on ‘View All’ to see all your relationships with us.
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Step 3:
Of all your relationships, select the fixed deposit that you want to renew, and click on ‘Renew your Fixed Deposit’.
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Step 4:
All the details about your FD, including interest rate and maturity amount, will be shown along with the bank details. Click on ‘PROCEED’.
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Step 5:
Choose from the three renewal options – ‘Principal’, ‘Principal + Interest’ or ‘Partial Renewal’. Also, select the payout frequency and tenure.
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Step 6:
Accept the Terms and Conditions and verify your renewal details using the OTP sent on your mobile number.
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 amounts from Rs. 15,000 to Rs. 3 crore (w.e.f 16 May, 2025) exclusively on website and app.
Non-Senior Citizens
| Tenure in |
months At maturity (p.a.) |
Monthly (p.a.) |
Quarterly (p.a.) |
Half yearly (p.a.) |
Annual (p.a.)
|
|
|---|---|---|---|---|---|
| 12 - 14 | 7.00% | 6.79% | 6.82% | 6.88% | 7.00% |
| 15 - 23 | 7.35% | 7.11% | 7.16% | 7.22% | 7.35% |
| 18 | 7.40% | 7.16% | 7.20% | 7.27% | 7.40% |
| 22 | 7.30% | 7.07% | 7.11% | 7.17% | 7.30% |
| 24 – 60 | 7.25% | 7.02% | 7.06% | 7.12% | 7.25% |
| 33 | 7.20% | 6.97% | 7.01% | 7.08% | 7.20% |
FD rates for customer above the age of 60
Fixed Deposit annualised rate of interest for senior citizens is valid for deposit amounts from Rs. 15,000 to Rs. 3 crore (w.e.f 16 May, 2025) exclusively on website and app.
Senior Citizens
| Tenure in |
months At maturity (p.a.) |
Monthly (p.a.) |
Quarterly (p.a.) |
Half yearly (p.a.) |
Annual (p.a.)
|
|
|---|---|---|---|---|---|
| 12 - 14 | 7.55% | 7.30% | 7.35% | 7.41% | 7.55% |
| 15 - 23 | 7.90% | 7.63% | 7.68% | 7.75% | 7.90% |
| 18 | 7.95% | 7.67% | 7.72% | 7.80% | 7.95% |
| 22 | 7.85% | 7.58% | 7.63% | 7.70% | 7.85% |
| 24 - 60 | 7.75% | 7.49% | 7.53% | 7.61% | 7.75% |
| 33 | 7.75% | 7.49% | 7.53% | 7.61% | 7.75% |
Frequently asked questions
No, Bajaj Finance Fixed Deposit does not offer an auto-renewal facility. So once your FD reaches its maturity, the principal amount along with interest earned will be transferred to your bank account registered with us.
If you go with offline mode of investment (through branches, sales manager/brokers/partners) you can opt for auto-renewal facility by filing an offline application form.
On renewal the FD interest rate offered by Bajaj Finance at the day of maturity will be applicable.
An FD can be renewed 24 hours before the actual maturity date of your previous fixed Deposit.
Yes, you can renew your Fixed Deposit (FD) online through your bank or financial institution’s internet banking or mobile app. Simply log in, navigate to the FD renewal section, and choose the auto-renewal or manual renewal option to reinvest at prevailing interest rates.
After your FD matures, you can either withdraw the funds or renew the deposit for continued earnings. If you opt for withdrawal, the amount is credited to your linked bank account. If renewing, check the latest FD interest rates before proceeding.
