Term Deposit Receipt

Term Deposit Receipt (TDR) is a fixed-term investment where an individual deposits money into a financial institution for a predetermined period.
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Term Deposit Receipt
OPEN FD
3 min
26-December-2025

Term Deposit Receipts (TDRs) are financial instruments issued by banks and financial institutions as proof of a fixed-term investment. When you invest a lump sum for a predetermined tenure at a fixed interest rate, the institution issues a TDR confirming all key details of your deposit.

For investors who prefer certainty over volatility, TDRs form the backbone of disciplined, low-risk financial planning.

What is a term deposit and how it works

A term deposit is a fixed investment where you deposit a specific amount for a chosen tenure—typically ranging from a few months to several years. The interest rate remains locked in for the entire period, protecting your returns from market fluctuations.

Funds are available at maturity, while premature withdrawals may attract penalties or reduced interest. Depending on the option selected, interest can be paid monthly, quarterly, annually, or at maturity.

Fixed deposits (FDs) are a type of term deposit, and the terms are often used interchangeably. Once the deposit is booked—online or offline—the institution issues a term deposit receipt (TDR) containing all investment details.

With Bajaj Finance Fixed Deposits, investors get clear tenure options, predictable interest rates, and easy online booking—making long-term planning simpler. Check rates.

Features of Term Deposit Receipts (TDRs)

Fixed Interest Rate
TDRs offer a fixed rate throughout the tenure, ensuring stable and predictable earnings.

Flexible Tenure
You can choose a short-term or long-term investment depending on your goals and liquidity needs.

Guaranteed Returns
TDRs assure the return of principal along with interest, making them ideal for conservative investors.

Loan Facility
Many institutions allow loans against TDRs, offering liquidity without breaking the deposit.

Nomination Facility
You can nominate a beneficiary, ensuring smooth fund transfer in unforeseen circumstances.

Bajaj Finance Fixed Deposits combine these benefits with attractive returns of up to 7.30% p.a., backed by AAA/Stable ratings from CRISIL and ICRA. Open FD.

Fixed Deposit

  1. Trusted by over 5 lakh customers
  2. Fixed Deposits worth more than Rs. 50,000 crore booked
  3. Rated CRISIL AAA/STABLE and [ICRA]AAA(STABLE)
  4. Up to 0.35% p.a. extra interest offered for senior citizens
  5. Flexible interest payout options available - Monthly, Quarterly, Half-yearly, Annually or at Maturity

By proceeding, you agree to our Terms and Conditions

Types of TDR

Cumulative TDR

Interest is reinvested and paid along with the principal at maturity. Suitable for investors focused on long-term wealth accumulation.

Non-Cumulative TDR

Interest is paid periodically—monthly, quarterly, half-yearly, or annually—making it ideal for regular income needs.

Non-cumulative FDs are often preferred by retirees or those seeking steady cash flow without market risk.

Explore non-cumulative and cumulative FD options offered by Bajaj Finance.

Term deposit receipt

A term deposit receipt is a crucial financial document and should be stored safely. It serves as official proof of your investment and contains:

  • Bank declaration
  • Depositor details (name, age, account number)
  • Deposit details (principal, tenure, booking and maturity dates, interest rate)
  • Interest earned and maturity value
  • Nominee details
  • Terms related to premature withdrawal penalties

Having access to your TDR allows quick verification and smoother financial transactions.

Uses and significance of term deposit receipts

Deposit renewal
TDRs help track past deposit details and make informed renewal decisions.

Early withdrawal
In case of premature withdrawal, the TDR may be required to establish ownership.

Loan against term deposit
TDRs are often submitted as collateral while availing loans against deposits, allowing liquidity without disturbing long-term plans

Loans against fixed deposits help investors manage short-term needs without sacrificing guaranteed returns.

Fixed deposit variants

Highest Credit Ratings | Trusted with over 1.4 million Deposits | Assured Returns on FD
Recommended

Fixed Deposit - 60 Months

INTEREST RATES UP TO
7.30% p.a.
Invest Online

Fixed Deposit - Senior Citizen

INTEREST RATES UP TO
7.30% p.a.
Invest Online

Fixed Deposit - Age below 60

INTEREST RATES UP TO
6.95% p.a.
Open FD

Fixed Deposit - Minor

INTEREST RATES UP TO
6.95% p.a.
Open FD

Fixed Deposit - HUF

INTEREST RATES UP TO
6.95% p.a.
Open FD

Fixed Deposit - Sole Proprietor

INTEREST RATES UP TO
6.95% p.a.
Open FD

Factors to consider while investing in Term Deposit Receipts (TDRs)

  • Interest rates: Compare rates across institutions
  • Tenure: Match tenure with your financial goals
  • Credit rating: Choose institutions with strong creditworthiness
  • Tax implications: Understand taxation on interest income
  • Premature withdrawal rules: Check penalties beforehand
  • Additional features: Loan facility, payout flexibility, online access

Choosing a reputed issuer like Bajaj Finance adds an extra layer of confidence to fixed-income investing. Invest in AAA/Stable rated FDs now.

Also Read: What is Recurring Deposit

Conclusion

Term deposits remain one of the most reliable ways to grow money without exposure to market volatility. The term deposit receipt (TDR) plays a vital role by documenting ownership, returns, and conditions of the investment.

Whether you are planning for future goals, emergency liquidity, or steady income, fixed deposits supported by a clear and secure TDR structure offer transparency, safety, and peace of mind—making them a timeless choice for disciplined investors.

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

Investment Calculator

Fixed Deposit Interest Calculator

Sukanya Samriddhi Yojana Calculator

Public Provident Fund Calculator

RD Calculator

EPF Calculator

Gratuity Calculator

FAQs

What is TDR full form?

TDR stands for Term Deposit Receipt. It is a document issued by a bank or financial institution confirming the deposit of a fixed sum for a specific period at a predetermined interest rate.

What is the maturity of TDR?

The maturity period of a TDR varies depending on the chosen tenure. It can range from 7 days to 10 years, based on the policies of the bank or financial institution offering the deposit.

Is TDR a fixed deposit?

Yes, a TDR is a type of Fixed Deposit (FD). It involves depositing a lump sum amount for a fixed term at a guaranteed interest rate. The term “TDR” is often used interchangeably with FD, especially in banking terminology.

Are fixed deposits suitable for risk-averse investors?

Absolutely. Fixed deposits offer predictable returns, capital safety, and flexible tenure options.

Check the latest rates offed on Bajaj Finance FDs and invest in AAA/Stable rated FDs.

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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.