Fixed Deposit in New Delhi

Discover safe & rewarding fixed deposit options in New Delhi
FD in New Delhi
4 min

New Delhi, the bustling capital of India, offers a multitude of financial options. For residents seeking stability and a guaranteed return on their investments, Fixed Deposits (FDs) have been a popular choice for generations. This simple guide explains FDs in New Delhi, helps you to understand the basics, compare options, and make informed decisions for your financial well-being.

Benefits of fixed deposit

Safety and security: Fixed deposits are considered one of the safest investment options. Banks and NBFCs offering FDs are regulated by the Reserve Bank of India (RBI), ensuring the safety of your investments

  1. Assured returns: FDs provide guaranteed returns. The interest rate is locked in at the time of investment and remains unaffected by market conditions, ensuring predictable earnings
  2. Flexible tenure: Investors can choose the tenure of their fixed deposit based on their financial goals. The tenure can range from 7 days to 10 years, offering flexibility to meet various financial needs.
  3. Ease of investment: Opening a fixed deposit account is simple and straightforward. Many financial institutions offer online and offline services, making it convenient for residents to invest
  4. Loan facility: Fixed deposits can be used as collateral for loans. This feature allows investors to avail of loans without breaking their FD, providing liquidity in times of need

Considerations for investing in FD

Before opening a fixed deposit, consider the following factors:

  1. Interest rates: Compare interest rates offered by different financial institution in New Delhi. Look for institution that offer higher rates for longer deposit periods.
  2. Tax implications: Interest earned on FDs is taxable. Factor in potential tax liabilities when calculating your returns.
  3. Early withdrawal: If you withdraw your money before the maturity date, you may incur a penalty or receive a reduced interest rate.
  4. Credit rating: If you are investing in a company FD, check the company's credit rating to assess the risk.
  5. Inflation: Keep in mind that inflation can erode the value of your returns over time.

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 Deposits

  • Competitive interest rates: Bajaj Finance strives to provide competitive interest rates on FDs, potentially exceeding those offered by traditional banks. This allows your money to grow faster, helping you achieve your financial goals sooner.
  • Special tenure: To further enhance your returns, Bajaj Finance offers specialised interest rates for specific FD tenures. These increased rates apply to investments with durations like 18, 22, 33, 42 and 44 months
  • Rewarding senior citizens: Recognising the financial needs of senior citizens, Bajaj Finance provides an additional interest rate increase of up to 0.40% p.a. for individuals aged 60 and above. This significant bonus adds considerably to the overall return on their FD investment
  • Exceptional safety ratings: Bajaj Finance prioritises your peace of mind. Their top safety ratings of [ICRA]AAA(Stable) and CRISIL AAA/STABLE signify a low credit risk, ensuring your investment is in safe hands
  • Convenient online investment: Bajaj Finance embraces the digital age, allowing you to invest in FD from the comfort of your home. You can invest in Bajaj Finance FD through Bajaj Finserv app or mobile.  This eliminates the need to visit a branch and saves you valuable time
  • Flexible tenure options: Bajaj Finance understands that investment needs vary. They offer FD with a variety of tenures, ranging from 12-60 months. You can choose a tenure that aligns with your financial goals

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%

Documents required to book an FD with Bajaj Finance

  • A PAN card
  • Any one KYC document such as Aadhaar card, Passport, Driving License, or Voter ID

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

Investing in fixed deposits in New Delhi

  • Traditional branch banking: Visit your preferred financial institution branch in New Delhi and inquire about their FD schemes. The representative can guide you through the application process and answer any questions you may have. This method can be helpful if you prefer personalised service or are unfamiliar with online platform
  • Online banking: Many banks and NBFCs offer online FD investment options. You can book an FD 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


Fixed deposits in New Delhi are a safe and reliable investment option with predictable returns. They are ideal for those seeking a low-risk investment with a guaranteed income. However, it's important to compare interest rates, consider tax implications, and weigh your options before making a decisione

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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!

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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.