NBFC Fixed Deposit Interest Rates 2025

NBFC FD interest rates vary based on tenure, offering higher returns compared to banks, with flexible terms and secure investments.
NBFC FD Rates

When it comes to growing savings safely, most Indians think of Fixed Deposits (FDs). Traditionally, banks and post offices have been the preferred options due to their government backing. However, they often provide lower interest rates. That’s where Non-Banking Financial Companies (NBFCs) step in—offering higher FD rates, flexible options, and competitive safety standards.

Among the many NBFCs, Bajaj Finance FD stands out with its AAA safety ratings from CRISIL and ICRA and one of the highest FD interest rates in the market, making it a preferred choice for investors. Check latest rates.

 

What is NBFC FD?

An NBFC FD is a fixed deposit scheme offered by Non-Banking Financial Companies. Like bank FDs, they provide a fixed interest rate over a chosen tenure, but typically at higher returns.

For instance, Bajaj Finance Fixed Deposit allows you to start investing with just Rs. 15,000 and earn up to 7.30% p.a. interest, making it a smart option for individuals who want to balance safety with better growth.

Secure your savings with Bajaj Finance FD—trusted by over 10 lakh customers with deposits worth more than Rs. 50,000 crore. Open FD.

 

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) exclusively on website and app.

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) exclusively on website and app.

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%

Factors affecting NBFC FD interest rates

  1. Market Movements: Repo rates, inflation, and RBI policies directly influence FD interest rates.

  2. Safety and Credit Ratings: NBFCs with top CRISIL/ICRA ratings (like Bajaj Finance) assure safety and reliability.

  3. Tenure & FD Type: Longer tenures, senior citizen deposits, and cumulative payout options often yield higher returns.

Senior citizens can enjoy an additional rate benefit of up to 0.35% p.a. on Bajaj Finance FDs, boosting retirement income. Check eligibility.

 

How are NBFC FD interest rates calculated?

NBFC FD interest rates are determined by:

  • Prevailing economic and financial climate.

  • RBI policies and repo rates.

  • Chosen FD tenure.

  • Type of FD (cumulative or non-cumulative).

  • Investor profile (general or senior citizen).

To simplify the process, you can use the Bajaj Finance FD Calculator—an online tool to estimate maturity value instantly based on your investment amount, tenure, and applicable interest rate.

Try the FD Calculator by Bajaj Finance to plan your investments with complete clarity.

Benefits and risks of NBFC FD

Benefits of NBFC FD

  • Higher interest rates compared to traditional bank FDs.

  • Flexible tenures ranging from 12 to 60 months.

  • Multiple payout options (monthly, quarterly, yearly, or at maturity).

  • Easy online booking process within minutes.

Risks of NBFC FD

  • NBFCs are regulated differently from banks, so risk can be slightly higher.

  • Interest earned is taxable, and NBFC FDs are not tax-saving investments.

Bajaj Finance FD reduces risk concerns with AAA ratings from CRISIL and ICRA, making it one of the safest NBFC FDs in India. Invest and get up to 7.30% p.a. returns. Open FD.

Grow your wealth with the highest NBFC FD rates

If your goal is to build a secure corpus for future needs like education, marriage, or emergency funds, NBFC FDs are an excellent choice. With higher returns, flexible options, and strong safety measures, they are designed for modern investors.

Open a Bajaj Finance FD online today and grow your wealth with competitive rates of up to 7.30% p.a.all from the comfort of your home.

Conclusion

NBFC Fixed Deposits are a strong alternative to traditional bank FDs, especially for those seeking higher returns without compromising safety. By choosing a reputed NBFC like Bajaj Finance, you not only benefit from better interest rates but also enjoy peace of mind with top credit ratings. Whether you are a young professional, a parent saving for education, or a retiree seeking steady income, Bajaj Finance FD is a reliable option to achieve your financial goals securely.

 

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

 

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Frequently asked questions

Can I get monthly interest on an NBFC fixed deposit?

Yes, by choosing the non-cumulative FD option, you can choose your payout frequency from monthly, quarterly, or annual payouts. This enables investors to enjoy a regular income stream from their investments.

Does an NBFC offer higher interest rate than normal banks?

Yes, NBFCs usually offer higher interest rates on fixed deposits compared to traditional banks and post offices.

How much tax is deducted from NBFC FD interest income?

The tax deductions on NBFC FD interest income are subject to the investor's tax slab and the prevailing tax regulations. The TDS rate is deducted at 10%.

What is the maximum NBFC FD interest rate?

Bajaj Finance is one NBFC FD that offers the highest FD rates up to 7.30% p.a. to their investors.

Why choose Bajaj Finance FD over a bank FD?

Unlike bank FDs, Bajaj Finance FD offers higher interest rates up to 7.30% p.a., flexible payout options, and extra benefits for senior citizens—all while maintaining the highest safety standards. Open an FD account with Bajaj Finance now!

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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.