Fixed deposits (FDs) are a reliable investment option for individuals seeking stable and predictable returns. Choosing the right FD tenure is important because it directly affects your interest earnings, liquidity, and financial planning goals. Selecting a suitable investment duration can help investors maximise returns while maintaining access to funds when required.
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 01 May, 2026).
| Tenure in |
months At maturity (p.a.) |
Monthly (p.a.) |
Quarterly (p.a.) |
Half yearly (p.a.) |
Annual (p.a.)
|
|
|---|---|---|---|---|---|
| 12 - 17 | 6.60% | 6.41% | 6.44% | 6.49% | 6.60% |
| 18 - 30 | 6.85% | 6.64% | 6.68% | 6.74% | 6.85% |
| 31 – 60 | 7.40% | 7.16% | 7.20% | 7.27% | 7.40% |
Senior citizens get additional rate benefit of up to 0.35% p.a. on the base rate offered to customers below 60 years of age.
Fixed deposits remain a preferred investment option for individuals seeking stable returns and capital safety. Choosing the right FD tenure and financial institution can help investors achieve better financial planning and consistent earnings. Comparing interest rates, flexibility, and investment goals before investing can help you make informed decisions and maximise the benefits of your fixed deposit investment.
While the ideal tenure for a fixed deposit depends on your specific requirements and financial goals, Bajaj Finance offers attractive options for maximising your returns. For those seeking the highest FD rates, Bajaj Finance provides an idle tenure of 60 months, allowing you to benefit from competitive interest rates and steady growth.
However, if your primary focus is on achieving maximum returns, Bajaj Finance offers an even more lucrative option with a tenure 60 months. By opting for this longer tenure, you can potentially leverage compounding and capitalise on the higher interest rates to optimise your investment returns over the extended duration.
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Yes, most banks and NBFCs offer special fixed deposit rates for senior citizens, providing them with higher interest rates as a benefit for their age. Bajaj Finance offers up to 0.35% p.a. extra interest on FDs to senior citizens.
The tenure of Bajaj Finance fixed deposits range from 12 months to 60 months.
In some cases, you may be able to change the tenure of your fixed deposit before it matures, but it often involves certain terms and conditions, so it's advisable to check with your bank or NBFC for specific details.
