Fixed Deposit in Meerut

Understand the features and benefits of Bajaj Finance Fixed Deposit
FD in Meerut
4 min

In the bustling city of Meerut, known for its rich cultural heritage and vibrant economic activities, securing your financial future is a priority. Among the various investment options available, Fixed Deposits (FD) stand out as a reliable and attractive choice. In this article we will understand the benefits of fixed deposits and how you can make the most of your investments in this city.

Why Choose FDs in Meerut?

1. Stability and security

One of the primary reasons to invest in FDs is their stability and security. FDs provide a safe haven for your funds. The fixed interest rate ensures that your investment grows steadily over time, without being affected by market fluctuations.

2. Attractive interest rates

Banks and NBFCs in Meerut offer competitive interest rates on FDs. These rates can vary based on the tenure and the amount invested, but generally, they are higher than regular savings accounts. For instance, Bajaj Finance offers up to 8.65% p.a. interest on their fixed deposit, making it an attractive choice for investors.

3. Flexible tenure options

FDs offer flexible tenure options, allowing investors in Meerut to choose a period that aligns with their financial goals. Whether you are saving for a short-term goal like a vacation or a long-term objective like your child’s education, you can find an FD that matches your needs.

4. Regular income stream

For those looking for a regular income stream, FDs can be a great option. Banks and NBFC offer interest payout options on a monthly, quarterly, half-yearly, or annual basis, providing a steady flow of income. This can be particularly beneficial for retirees or individuals looking to supplement their regular income.

Pro tip

Enjoy higher interest rate with Bajaj Finance Digital FD. Unlock returns of up to 8.65% p.a. by investing for 42 months via website and app.

Features and benefits of Bajaj Finance fixed deposit

1. Maximise your returns with competitive rates

Bajaj Finance offers fixed deposit interest rates that are some of the highest in the market, reaching up to 8.65% p.a. This ensures your investment grows significantly, regardless of market ups and downs.

2. Targeted terms for enhanced growth

Bajaj Finance offers fixed deposit with special rates for terms like 18, 22, 33, 42, and 44 months. These terms are strategically designed to maximise your returns based on your deposit duration.

3. Additional benefit for Senior citizens

Bajaj Finance values its senior customers! If you are 60 years or older, you can get an additional interest rate benefit of up to 0.40% p.a. This makes Bajaj Finance Fixed Deposit an even more attractive option for securing your retirement savings.

4. Highest credit ratings

Bajaj Finance takes your financial security seriously. They hold the highest credit ratings like [ICRA]AAA(Stable) and CRISIL AAA/STABLE, signifying exceptional financial stability and trustworthiness.

FD interest rates in Meerut

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 (16 July, 2024) 

*Experience higher interest rate of up to 8.40% p.a. on a 42-month Digital FD, available exclusively on 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* 8.40% 8.09% 8.15% 8.23% 8.40%

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* 8.40% 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%

Eligibility criteria for booking a Bajaj Finance FD

  • Nationality: Resident Indians/ Non-Resident Indians (NRIs).
  • Types of investors: Individuals, Senior Citizens, Minors, Sole Proprietorships, Partnership Firms, HUFs (Hindu Undivided Families), Clubs, Associations, Societies, and Family Trusts.

Documents required fixed deposit

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

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.