Fixed Deposit in Ghaziabad

Explore fixed deposit options in Ghaziabad
FD in Ghaziabad
4 min
17-May-2024

In the busy city of Ghaziabad, managing your money is important for everyday life. Whether you are just starting your job or getting ready for retirement, making sure your savings are safe and growing is a big deal. Fixed deposit (FD) are a great choice for this. They keep your money safe and give you back a set amount of money in return. This guide will help you understand FD in Ghaziabad so you can make smart choices for your future.

Features and benefits of Bajaj Finance Fixed Deposit

1. Attractive returns up to 8.85% p.a.

Bajaj Finance offers fixed deposit interest rates up to 8.60% p.a. for customers below 60 years of age, and up to 8.85% p.a. for senior citizens. These competitive rates provide an opportunity for stable investment growth, regardless of market fluctuations.

2. Enhanced returns with special tenures

Bajaj Finance goes beyond standard tenure options, offering select investment periods like 18, 22, 33, 42 and 44 months that come with even higher interest rates. This allows you to tailor your fixed deposit to your financial goals while maximising potential returns.

3. Highest credit ratings

Bajaj Finance fixed deposit carry the highest credit ratings of [ICRA]AAA(Stable) and CRISIL AAA/STABLE. These ratings signify the institution's robust financial stability and underscore its unwavering commitment to safeguarding your deposits.

4. Loan against fixed deposit

Bajaj Finance understands that unexpected financial needs may arise. To cater to such situations, they offer loan against your fixed deposit. This can help you to access funds without having to prematurely break your investment. Loan amounts can go up to 60% of the deposit for non-cumulative FD and up to 75% for cumulative FD, providing a flexible financial safety net while your investment continues to grow.

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%

Eligibility criteria for booking a Bajaj Finance Fixed Deposit

Nationality:

  • Resident Indians:
  • Non-Resident Indians (NRIs)

Types of investors:

  • Individuals
  • Senior citizens
  • Minors
  • Businesses
  • HUFs (Hindu Undivided Families),
  • Other Organszations: Clubs, associations, societies, and family trusts

Documents required

PAN card and any KYC document: Aadhaar card/ Passport/ Driving license/ Voter ID

Ways to invest in fixed deposits

  • Traditional branch banking: Visit your preferred financial institution’s branch and inquire about their FD schemes. The representative can guide you through the application process. This method can be helpful if you seek personalised advice or are unfamiliar with online platforms.
  • Online banking: Many banks and NBFCs offer online FD investment options. You can open an FD account and invest from the comfort of your home through their internet banking portal. This method is convenient and saves time, especially for those comfortable with online transactions.
  • Investment apps: Some investment apps allow you to compare FD schemes from different institutions and invest online. While convenient, ensure the app is from a reputable source and understand any associated fees before investing.

Conclusion

Fixed deposits offer a valuable option for building a secure financial future. By understanding your options, choosing carefully, and employing strategic approaches, you can make FD play a key role in achieving your goals in this dynamic region.

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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.
  • Explore and apply for co-branded credit cards online.
  • 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-approved limit on the app. Explore over 1 million products on the app that can be purchased from a partner store on No Cost 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.

Do more with the Bajaj Finserv App!

UPI, Wallet, Loans, Investments, Cards, Shopping and more

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.