Fixed deposits (FDs) are a popular and secure investment option for individuals seeking safety and steady returns. Andheri, a bustling suburb of Mumbai, offers various FD options to its residents. If you're looking to start a fixed deposit in Andheri, this article provides an overview of the benefits and current interest rates of fixed deposits.
Pro tip
Bajaj Finance offers attractive Fixed Deposit interest rates of up to 6.95% p.a. for non-senior citizens, and up to 7.30% p.a. for senior citizens, inclusive of an additional rate benefit of up to 0.35% p.a.
Benefits of Bajaj Finance Fixed Deposit in Andheri
Bajaj Finance FDs in Andheri combine safety with convenience. Investors enjoy high interest rates, flexible tenures, and quick online booking, along with added security through top credit ratings.
- Attractive returns up to 7.30% p.a.
Earn up to 6.95% p.a. as a regular customer and up to 7.30% p.a. as a senior citizen. - Highest credit ratings
ICRA AAA(Stable) and CRISIL AAA/STABLE ratings assure strong financial credibility and deposit safety. - Loan against fixed deposit
Get loans up to 60%–75% of your FD value without breaking your investment.
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 11 June, 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 | 6.60% | 6.41% | 6.44% | 6.49% | 6.60% |
15 - 23 | 6.75% | 6.55% | 6.59% | 6.64% | 6.75% |
24 – 60 | 6.95% | 6.74% | 6.78% | 6.83% | 6.95% |
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 11 June, 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 | 6.95% | 6.74% | 6.78% | 6.83% | 6.95% |
15 - 23 | 7.10% | 6.88% | 6.92% | 6.98% | 7.10% |
24 - 60 | 7.30% | 7.07% | 7.11% | 7.17% | 7.30% |
Why choose Bajaj Finserv FD in Andheri?
Bajaj Finserv has built a strong local presence in Andheri, offering residents easy access to one of India’s most trusted fixed deposit schemes. With competitive FD rates, flexible options, and a customer-first approach, it is a reliable way to grow your savings securely.
- Strong local presence in Andheri: With branches and digital support, customers in Andheri can easily open, manage, or renew FDs without hassle.
- Special senior citizen benefits: Senior citizens enjoy up to 0.35% higher interest rates, making it an excellent option for retirement planning.
- Online account management and auto-renewal: Book and track your FD online, set up auto-renewal, and enjoy a completely paperless, time-saving process.
Step-by-Step: How to open an FD in Andheri
Opening a Bajaj Finance FD in Andheri is quick, secure, and fully online
- Choose investment amount & tenure
Decide how much you want to invest and select a suitable duration - Fill application form online
Complete the FD booking form on the Bajaj Finserv website or app - Upload KYC documents
Submit your Aadhaar, PAN, and other required documents online - Transfer funds securely
Pay your investment amount via net banking, UPI, or debit card - Receive the FD certificate
Once processed, your FD certificate will be shared digitally
Fixed Deposit eligibility & documents in Andheri
Anyone in Andheri can invest in a Bajaj Finance FD, provided they meet basic eligibility and KYC requirements.
Eligibility
- Indian resident: Individual, senior citizen, or minor
- NRI (Non-Resident Indian)
- Business owner/Partner
- Clubs, associations, societies, or family trusts
Documents Required
- PAN card
- Any KYC document: Aadhaar, Passport, Voter ID, Driving Licence
- Passport-size photograph
Calculate your expected investment returns with the help of our investment calculators
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Frequently asked questions
You can start a Bajaj Finance Fixed Deposit in Andheri with just Rs. 15,000, making it convenient for both new and seasoned investors.
Yes. Senior citizens in Andheri enjoy an additional rate benefit of up to 0.35% p.a., ensuring higher earnings on their deposits.
You can choose between cumulative (interest paid at maturity) or non-cumulative (monthly, quarterly, half-yearly, or yearly payouts) options.
Yes, premature withdrawal of FD is allowed in Andheri. However, it may attract a small penalty on the applicable interest rate.
Bajaj Finserv app for all your financial needs and goals
Trusted by 50 million+ customers in India, Bajaj Finserv App is a one-stop solution for all your financial needs and goals.
You can use the Bajaj Finserv App to:
- Apply for loans online, such as Instant Personal Loan, Home Loan, Business Loan, Gold Loan, and more.
- Invest in fixed deposits and mutual funds on the app.
- Choose from multiple insurance for your health, motor and even pocket insurance, from various insurance providers.
- Pay and manage your bills and recharges using the BBPS platform. Use Bajaj Pay and Bajaj Wallet for quick and simple money transfers and transactions.
- Apply for Insta EMI Card and get a pre-qualified limit on the app. Explore over 1 million products on the app that can be purchased from a partner store on Easy EMIs.
- Shop from over 100+ brand partners that offer a diverse range of products and services.
- Use specialised tools like EMI calculators, SIP Calculators
- Check your credit score, download loan statements and even get quick customer support—all on the app.
Download the Bajaj Finserv App today and experience the convenience of managing your finances on one app.