Fixed Deposit in Bandra

Grow your savings with a Fixed Deposit in Bandra at Bajaj Finance. Earn up to 7.30% p.a., start with just Rs. 15,000, enjoy flexible payout options, and a hassle-free online process
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FD in Bandra
OPEN FD
4 min
05-September-2025

For residents of Bandra seeking safe and stable investment avenues, fixed deposits offer a dependable way to grow savings with assured returns. Whether your goal is building a fund for a home down payment, securing your retirement, or simply setting aside money for future needs, FDs in Bandra provide a trusted and low-risk option.

Benefits of Bajaj Finance Fixed Deposit in <city>

Bajaj Finance FDs in <city> 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%

There are various benefits of FDs as a Liquid Asset providing investors with the flexibility to withdraw their funds before the maturity date, although this may result in a penalty or loss of interest. FDs can be used to meet various financial goals, such as saving for a down payment on a house, funding a child's education, or creating a retirement corpus. Overall, FDs are a valuable investment option for those looking for a stable and secure way to grow their wealth.

Why choose Bajaj Finserv FD in <city>?

Bajaj Finserv has built a strong local presence in <city>, 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 <city>: With branches and digital support, customers in <city> 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 <city>

Opening a Bajaj Finance FD in <city> 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 <city>

Anyone in <city> 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

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Frequently asked questions

What is the cost of PMGKY?

The Pradhan Mantri Garib Kalyan Yojana (PMGKY) covers over 80 crore Indians, providing assistance and food security to the masses. Over a 5-year period beginning from 1st January 2024, its estimated cost is Rs. 11.80 lakh crore.

What is the full form of PMGKY?

The full form of PMGKY is Pradhan Mantri Garib Kalyan Yojana. It is a social welfare and benefit transfer scheme initially launched by the Government of India in 2016 under the aegis of the Ministry of Finance.

Is Pmgky discontinued?

The PM Garib Kalyan Yojana is still operational and integrated with the National Food Security Act (NFSA). With the integration, the additional components of free food grain distribution introduced during the COVID-19 pandemic are now merged with the NFSA. PMGKY has also been extended until 2028.

When was PMGKAY launched in India?

The Pradhan Mantri Garib Kalyan Anna Yojana (PMGKAY), which provides free food grains to over 80 crore Indians, was launched at the onset of the COVID-19 pandemic in March 2020. The scheme ended in 2022 and has since been integrated with the National Food Security Act (NFSA).

What are the FD rates for senior citizens in Mumbai?

Senior citizens investing in Bajaj Finance Fixed Deposits can earn interest rates up to 7.30% p.a. This includes an additional rate benefit of up to 0.35% p.a. over the regular rates, making it a lucrative option for those aged 60 and above. 

What are the Bajaj Finance FD rates in Mumbai?

Bajaj Finance offers Fixed Deposit interest rates up to 6.95% p.a. for customers below 60 years of age. Senior citizens can avail of rates up to 8.85% per annum, benefiting from an extra 0.35% p.a. These rates are consistent across Mumbai. ​     

How can I invest in a Fixed Deposit in Bandra?

To invest in a Bajaj Finance Fixed Deposit in Bandra, you can choose between online and offline methods. Online, visit the official Bajaj Finserv website or app to complete the application. Offline, visit the Bajaj Finance branch near you.     

What are the current Fixed Deposit interest rates in Bandra?

The Fixed Deposit interest rates offered by Bajaj Finance in Bandra are up to 6.95% p.a. for customers below 60 years and up to 7.30% p.a for senior citizens. These competitive rates are designed to provide substantial returns on your investment. ​     

What is the minimum amount for an FD in <city>?

You can start a Bajaj Finance Fixed Deposit in <city> with just Rs. 15,000, making it convenient for both new and seasoned investors.

Can I get higher rates as a senior citizen?

Yes. Senior citizens in <city> enjoy an additional rate benefit of up to 0.35% p.a., ensuring higher earnings on their deposits.

How is the FD interest paid?

You can choose between cumulative (interest paid at maturity) or non-cumulative (monthly, quarterly, half-yearly, or yearly payouts) options.

Is premature withdrawal allowed?

Yes, premature withdrawal of FD is allowed in <city>. However, it may attract a small penalty on the applicable interest rate.

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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.