Fixed Deposit (FD) features

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

Features and benefits of our fixed deposit

Fixed Deposits = Fixed Returns 00:33

Fixed Deposits = Fixed Returns

  • FD features

    Higher FD rates on our special tenure

    We offer higher FD rates on special tenures of 18 months.

  • Earn secured returns up to 7.95% p.a.

    Earn secured returns up to 7.95% p.a.

    Get the highest interest rate on a tenure of 18 months. Use the Fixed Deposit Calculator to estimate your potential income and make an informed decision.

  • FD features

    Higher FD rates for senior citizens

    If you are a senior citizen (over 60 years of age), you get up to 0.55% p.a. additional FD interest rate.

  • FD features

    Highest credit ratings

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

  • FD features

    Flexible interest payout

    We offer monthly, quarterly, half-yearly, and yearly interest payout options. You also have the option of full payout (interest + principal) at the end of the tenure (maturity).

  • FD features

    End-to-end online process

    We have created an end-to-end online process where you can book an FD without going to any branch.

  • FD features

    Dedicated customer portal (My Account)

    Manage your FD online. Download your Fixed Deposit Receipt (FDR), Interest Certificate (IC), Statement of Accounts (SOA) and other relevant documents. 
    Login to My Account

  • FD features

    Loan Against your Fixed Deposit (LAFD)

    You can raise a loan against your fixed deposit. For cumulative deposit, loan of up to 75% of your invested amount and up to 60% of your FD in case of non-cumulative FD.

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More details:

A fixed deposit is a savings option that helps you earn interest on savings invested with a financial institute of your choice. You can choose to get returns periodically or at maturity. The rate of interest earned is higher than money kept in savings accounts.

Attractive FD interest rates of up to 7.95% p.a. for senior citizens and up to 7.40% p.a. for customers below 60 years, with Bajaj Finance FD. This comes with the convenience of investing from the comfort of your home with an end-to-end paperless investment process.

Investing in a fixed deposit is the best way to safeguard your savings with market volatility and unprecedented market movements. Bajaj Finance provides investors with the dual benefit of the safety of deposit and attractive returns owing to the high FD interest rates.

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 16 May, 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 7.00% 6.79% 6.82% 6.88% 7.00%
15 - 23 7.35% 7.11% 7.16% 7.22% 7.35%
18 7.40% 7.16% 7.20% 7.27% 7.40%
22 7.30% 7.07% 7.11% 7.17% 7.30%
24 – 60 7.25% 7.02% 7.06% 7.12% 7.25%
33 7.20% 6.97% 7.01% 7.08% 7.20%

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 16 May, 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 7.55% 7.30% 7.35% 7.41% 7.55%
15 - 23 7.90% 7.63% 7.68% 7.75% 7.90%
18 7.95% 7.67% 7.72% 7.80% 7.95%
22 7.85% 7.58% 7.63% 7.70% 7.85%
24 - 60 7.75% 7.49% 7.53% 7.61% 7.75%
33 7.75% 7.49% 7.53% 7.61% 7.75%

Frequently asked questions

What is the minimum amount for investing in a Bajaj Finance Fixed Deposit?

You can start saving with just Rs. 15,000 in Fixed Deposit.

Will the new rate apply to my existing deposit?

No. Since you have locked booked your FD with us at a specific rate, you will continue receiving that rate until maturity.

Can I withdraw from my fixed deposit before maturity?

Bajaj Finance offers its customers the option of premature withdrawal of FD subject to below conditions. However, this may lead to a loss of interest, which can be avoided by taking a loan against a fixed deposit at nominal interest rates. Prematurity guidelines are:

  1. Up to 3 (three) months from date of Deposit: Withdrawal of the Deposit is not permitted. However:
    i. In the event of death of a depositor, the Company may repay the Deposit prematurely (irrespective of the lock in period) to the surviving depositor (which in the case of joint holders will be the first in the sequence of applicants in the Application) or to the nominee/ legal heir(s) of the deceased depositor, upon the request of surviving depositor/s/nominee/legal heir, as the case may be, and subject to submission of proof of death and other requisite documents to the satisfaction of the Company
    ii. In case depositor wants premature withdrawal of his Deposit for expenses of emergent nature including on account of facing any medical emergency or expenses due to natural calamities or disaster, partial prematurity of the deposits is allowed upto lower of 50% of principal or Rs.5 lacs. Expenses of emergent nature are subject to verification/evaluation of case as per BFL policy.
    iii. Premature withdrawal of Deposit Amount on account of suffering on account of Critical illness, 100% of principal amount of Deposit shall be paid to the depositor, without interest. For the purposes of this clause definition of ‘Critical illness’, shall be as per IRDAI (Health Insurance) Regulations, 2016 and the guidelines issued thereunder, as amended from time to time.
    iv. Deposits aggregating not exceeding an amount of Rs.10,000/- of principal amount (“Tiny Deposit”) will be prematurely paid to individual depositor or first named Depositor holding the Deposit in the same capacity in all the Deposits, at the request of the depositor, without interest.
  2. After 3 (three) months but before 6 (six) months from the date of the Deposit: Withdrawal of the Deposit will be permitted; however, interest shall not be payable.
  3. After 6 (six) months but before the date of maturity of the Deposit: Withdrawal of the Deposit will be permitted. Interest shall be payable at a rate which is 2% lower than the rate specified for the period during which the deposit has been opened. In case no rate is specified for the Deposit period, interest rate payable shall be 3% lower than the lowest rate being offered by the Company.
What are the benefits of the Bajaj Finance Fixed Deposit?

The Bajaj Finance Limited Fixed Deposit offers a host of benefits, such as:

  • The minimum deposit amount is Rs. 15,000
  • Rated AAA/ Stable by CRISIL and AAA/ Stable by ICRA, which means the highest safety of your money
  • Attractive rate of interest for your money to grow periodically.
  • Choose an investment tenure from 12 to 60 months
  • Branch presence across over 1,000 locations in India
  • Access to all product details on our customer portal – My Account
  • The flexibility of payment options through electronic or physical modes
  • Special rates for senior citizens
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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.