Fixed Deposit in Manali

Discover reliable fixed deposit options in Manali.
FD in Manali
4 min
24-May-2024

Manali, known for its breathtaking landscapes and vibrant culture, is also a growing hub for financial opportunities. One such opportunity lies in fixed deposit (FD), a safe and reliable investment instrument that offers guaranteed returns. Whether you're a local resident or an individual looking to park your savings securely, fixed deposits can be an excellent choice for your financial portfolio.

Pro tip

Enjoy higher interest rate with Bajaj Finance Digital FD. Unlock returns of up to 8.85% p.a. by investing for 42 months via our website and app.

Features and benefits of Bajaj Finance fixed deposite

  1. Competitive interest rates
    Bajaj Finance stands out in the market by offering some of the most competitive interest rates on fixed deposits, reaching up to 8.85% p.a. This high interest rate help your investments to grow significantly over time, independent of any fluctuations in the market, thus providing consistent and reliable returns.
  2. Additional benefits for senior citizens
    Recognising the importance of financial security for seniors, Bajaj Finance extends a special advantage to individuals aged 60 and above. Senior citizens can enjoy an additional rate increase of up to 0.40% p.a. on their fixed deposits, making it an attractive option to enhance their retirement savings and ensure financial stability.
  3. Highest credit ratings
    With the prestigious [ICRA]AAA(Stable) and CRISIL AAA/STABLE ratings, Bajaj Finance fixed deposits are recognised for their exceptional safety and reliability. These ratings reflect the institution's robust financial health and commitment to protecting your investments, ensuring that your money is secure and yielding optimal returns.
  4. Financial flexibility with loan against fixed deposite
    Bajaj Finance understands that unexpected financial needs can arise. As a solution, they offer the facility to avail a loan against your fixed deposit. This feature allows you to access the necessary funds without having to prematurely break your investment. You can avail up to 60% of the deposit amount on non-cumulative FDs and up to 75% on cumulative FD, offering a flexible financial solution 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).
  • Investor type: Individuals, senior citizens, minors, sole proprietorships, partnership firms, HUFs (Hindu Undivided Families), clubs, associations, societies, and family trusts.

Documents required

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

How to apply for a fixed deposit online

  1. Choose your provider: Select the bank or NBFC institution that best suits your needs.
  2. Visit the website/app: Go to the provider's official website or download their mobile app.
  3. Fill the application form: Fill all the necessary fields
  4. Submit documents: Upload scanned copies of your identity and address proof documents.
  5. Complete the payment: Make the deposit payment online through net banking or other secure payment modes.

Conclusion

Fixed deposit in offer a safe and convenient way to grow your savings. With various options available, you can choose the one that aligns with your financial goals and risk appetite. Consider comparing interest rates, tenure options, and features offered by different providers. If you prioritise high safety ratings, attractive interest rates, and a seamless online application process, Bajaj Finance FD could be a compelling choice for you.

Remember, thorough research and careful consideration are key to making informed financial decisions.

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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.
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  • 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.