Fixed Deposit in Medak

Compare Fixed Deposit rates and features in Medak to select a low-risk investment that offers stable returns and financial growth.
OPEN FD
FD in Medak
OPEN FD
4 min
30-December-2025

Nestled in the heart of Telangana, Medak is not only known for its rich history and cultural heritage but also for its growing financial landscape. As the region's economic activities expand, residents and businesses are increasingly seeking reliable investment avenues to secure their financial future. Fixed deposit (FD) has emerged as a popular choice, offering a safe and stable way to grow your savings.

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.

systematic-deposit-plan-pro-tip-banner

Benefits of Bajaj Finance Fixed Deposit in Medak

Bajaj Finance FDs in Medak 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).

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).

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 Medak?

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

Opening a Bajaj Finance FD in Medak 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 Medak

Anyone in Medak 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

Conclusion

Fixed deposit provide a safe and convenient way to grow your savings in Medak. With their guaranteed returns, capital protection, and flexibility, FD cater to the needs of risk-averse investors and those seeking stable income. By comparing interest rates, choosing the right tenure, and understanding the terms, you can make informed investment decisions and secure your financial well-being in the vibrant region of Medak.

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

Investment Calculator

Fixed Deposit calculator

Sukanya Samriddhi Yojana Calculator

Gratuity Calculator

Public Provident Fund Calculator

RD Calculator

EPF Calculator

 

Bajaj Finance Fixed Deposit Branches in Medak

Fixed Deposit in Churchgate

Fixed Deposit in Malad East

Fixed Deposit in Seawoods Sector 46

Fixed Deposit in Kandivali East

Fixed Deposit in Mulund West

Fixed Deposit in Vashi Sector 17

Frequently asked questions

What is the minimum amount for an FD in Medak?

You can start a Bajaj Finance Fixed Deposit in Medak 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 Medak 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 Medak. However, it may attract a small penalty on the applicable interest rate.

Show More Show Less

Related videos

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.

Do more with the Bajaj Finserv App!

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

GET THE APP

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.