Fixed Deposit in Indi

Your guide to finding top fixed deposit interest rates in Indi.
FD in Indi
4 min

Nestled in the Bijapur district of Karnataka, Indi offers a unique blend of history and modern development. As you plan your financial future in this vibrant city, securing your savings becomes a priority. Fixed deposits (FDs) emerge as a reliable and low-risk investment option in Indi, allowing you to grow your money steadily.

Understanding fixed deposits

A fixed deposit (FD) is a financial instrument offered by banks and non-banking financial institutions (NBFCs) in Indi. You deposit a lump sum for a predetermined period, typically ranging from 7 days to 10 years. During this tenure, the bank or NBFC pays you a fixed interest rate on your deposit. This interest rate is usually higher than what you would earn on a regular savings account, making FDs an attractive option for those seeking guaranteed returns.

Benefits of fixed deposits in Indi

  • Guaranteed returns: Unlike market-linked investments, FD offer a fixed interest rate throughout the tenure. This predictability allows you to plan your finances effectively.
  • Flexible tenures: FD are available for a variety of tenures, catering to diverse financial goals. Whether you are saving for a short-term need or a long-term objective, you can find an FD tenure that aligns with your plans.
  • Interest rate options: Depending on the bank, NBFC, and chosen tenure, you can compare and choose FD with competitive interest rates. Some institutions may offer special rates for senior citizens or specific deposit amounts.
  • Regular income option: Certain FDs provide the option to receive interest payouts periodically, like monthly or quarterly. This can help supplement your regular income or cater to recurring expenses.

Features and Benefits of Bajaj Finance Fixed Deposit

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

Bajaj Finance FDs offer competitive returns that remain stable despite market fluctuations, making them a secure investment choice.

2. Higher FD rates on special tenures

Specialised rates are provided for specific periods of 18, 22, 33, 42 and 44 months, offering chances for enhanced profits.

3. Increased FD rates for senior citizens

Citizens above 60 years of age, get an additional interest rate of up to 0.40% p.a. for a more rewarding retirement income.

4. Highest credit ratings

Bajaj Finance FDs hold top tier [ICRA]AAA (Stable) and CRISIL AAA/STABLE ratings, guaranteeing a secure environment for your deposited funds.

5. Loan against fixed deposit

Rather than withdrawing an FD prematurely, Bajaj Finance offers loans against it. Up to 60% of non-cumulative or 75% of cumulative FD values can be borrowed, allowing investors to maintain their deposits while accessing needed funds.

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
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
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
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
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
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
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 for Bajaj Finance FD

  • Nationality: Open to Resident Indians and Non-Resident Indians (NRIs)
  • Investor type: Individuals (including seniors and minors), Sole Proprietorships, Partnership Firms, HUFs, Clubs, Associations, Societies, and Family Trusts.

Documents required

  • PAN card
  • Any one KYC document:
    • Aadhaar card
    • Passport
    • Driving license
    • Voter ID


Fixed deposits offer a reliable and low-risk way to grow your savings. By understanding the benefits and comparing options from various institutions, you can make informed decisions to maximise your returns. FD can be a valuable part of a diversified investment portfolio that caters to your long-term financial goals.

Calculate your expected investment returns with the help of our investment calculators

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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


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
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.