Systematic Deposit Plan Features

Read on to know why our SDP is the best investment option for you.

SDP Features and benefits

Bajaj Finance Systematic Deposit Plan

Looking for a convenient and easily manageable way to invest? Opt for Bajaj Finance Systematic Deposit Plan today and start as low as Rs.5,000 per month.

  • SDP features

    Start with Rs. 5,000

    You can start investing in our SDP with as little as Rs. 5,000 every month for a defined period of time.

  • SDP features

    Flexibility of recurring monthly investments

    In SDP, you deposit money every month for a defined period. This is based on your selected tenure. You can choose to get monthly or end-of-maturity payouts.

  • SDP features

    Monthly Maturity Scheme – MMS

    In this scheme, you get a part of ‘principal+interest’ back every month till the end of the tenure you have opted for.

  • Single Maturity Scheme - SMS

    Single Maturity Scheme - SMS

    In this scheme, you get entire ‘principal+interest’ at the end of the tenure.

  • SDP features

    Latest interest rates applicable

    Since SDP works like a recurring monthly option, you get the benefit of the latest interest rates on each monthly deposit.

  • SDP features

    End-to-end online

    You can start your SDP online without going anywhere, getting a call and asking for a visit.

  • Highest ratings

    Our highest [ICRA]AAA(Stable) and CRISIL AAA/STABLE ratings ensure  that your deposits are secured with us.

  • Special tenures higher rates

    We offer higher SDP rates on our special tenures of 15, 18, 22, 30, 33, 39 and 44 months.

  • FD features

    Higher SDP rates for senior citizens

     If you are a senior citizen (over 60 years of age), you get 0.25% additional interest rate.

  • FD features

    Customer Service

    Bajaj Finance is always available to help customers with any questions. You can contact our customer care or write to us with any SDP related questions.
    Write to us

  • Starting a Systematic Deposit Plan (SDP), a monthly savings programme, requires just Rs. 5000 each month. Returns can either be chosen to be received periodically or upon maturity. Earning interest is more lucrative than keeping money in savings accounts.

    You can obtain enticing SDP interest rates from Bajaj Finance up to 7.95% p.a. combined with the ease of using apaperless, end-to-end investment procedure while sitting in the comfort of your own home. The greatest method to protect your savings against market volatility and unheard-of market movements is to invest in an SDP. Due to the high SDP interest rates, Bajaj Finance offers investors a dual benefit of deposit safety and alluring profits

Read More

How to invest in a Systematic Deposit Plan

A step-by-step guide to invest in a Systematic Deposit Plan (SDP)

1. Click on ‘INVEST’ at the top of this page to open our online application form.
2. Enter your 10-digit mobile number and verify the OTP sent to your phone.
3. Fill in the investment amount, choose the tenure, and select the number of deposits you would like to make.
Note: You may notice that your tenure differs from the number of deposits you can choose from. For example, if you choose a tenure of 24 months, you have the option to choose between 6 and 11 for Single Maturity Scheme and between 6 to 12 in case of Monthly Maturity Scheme, as the number of monthly deposits. These combinations have been predefined.
4. Enter your PAN card and date of birth to complete your KYC. 
If you are an existing customer, you will find that your details are pre-filled. You can confirm these or make changes. 
If you are a new customer, you can use your Aadhaar card to complete your KYC. You also have the option to submit your documents manually or upload these through DigiLocker.
5. Submit a few additional details such as your occupation and annual income. You can also add a nominee or choose to do it later.
6. Enter your bank details and complete your e-mandate.
7. You will be directed to the payment page. Complete your application using NetBanking, UPI or Debit Card.

Once this is done, we will send you an acknowledgement of your investment on your email address and mobile number.
An Electronic Systematic Deposit Plan Receipt (SDPR) will be sent to your email ID. 

You can start your booking now and, based on your convenience, resume it later.

Read More

Frequently asked questions

Is there any additional ROI benefits for senior citizens?

Yes, senior citizens (i.e. persons more than 60 years of age,) will be offered additional ROI benefit of 0.25% p.a. on SDP up to Rs. 5 Crore

What are the benefits of BFL Systematic Deposit Plan?

An investment in one of the most reputed brands in India, BFL FDs offers a host of benefits:

• Minimum deposit size of Rs. 5,000
• Rated FAAA/Stable by CRISIL and MAAA/Stable by ICRA, which means highest safety of your money
• Attractive rates of interest for your money to grow periodically
• Flexible tenure ranging from 12 to 60 months
• Branch presence across over 1000 locations in India
• Access to all product details on our Customer-Portal Expertia and Bajaj Finserv App
• Flexibility of payment option through electronic mode
• Special rates benefits for senior citizens.