What is Stand Alone Fixed Deposit?

In today’s uncertain financial landscape, fixed deposits continue to be one of the safest investment avenues for individuals seeking guaranteed returns. A standalone fixed deposit is a type of term deposit that is independent of any savings or current account, allowing you to invest directly without linking to other banking products. 

If you are planning for a short-term goal or building a long-term corpus, Bajaj Finance Fixed Deposit ensures your money grows steadily. Start today with Rs. 15,000 to secure your future!

Standalone fixed deposits differ from traditional linked deposits as they do not require a savings or current account to operate. This unique feature simplifies investments and provides greater independence for investors.

Key differentiators:

• Independent investment: No need for a linked account, making it accessible for all individuals, including NRIs.
• Direct deposits: Lump sum investments for a fixed tenure at predetermined interest rates.
• Flexibility: Choose tenure options ranging from 12 to 60 months.

Standalone FDs offer simplicity and convenience, making them ideal for risk-averse investors seeking guaranteed returns. 

Take advantage of Bajaj Finance Fixed Deposit today and enjoy assured returns of up to 7.30% p.a. with the ease of online account management. Book FD. 

Standalone Fixed Deposits (FDs) are one of the simplest and most trusted ways to grow your money. Unlike linked or bundled products, they come with straightforward terms and clear benefits. Here are some of the key advantages:

1. Guaranteed returns
FDs offer assured interest payouts that are not affected by market fluctuations. You know exactly how much you will earn at maturity.

2. Flexible tenure options
You can choose a tenure that matches your financial goals—ranging from a few months to several years.

3. Safety and stability
Standalone FDs are considered low-risk investments, backed by high credit ratings, making them suitable for conservative investors.

4. Liquidity through premature withdrawal
Although FDs are designed for long-term savings, most allow you to withdraw funds before maturity if needed, though with a nominal penalty.

5. Tax-saving opportunities
Certain FDs, such as tax-saving FDs, qualify for deductions under Section 80C of the Income Tax Act, helping you reduce taxable income.

6. Ease of investment
Opening a standalone FD is quick and hassle-free—whether online or at a branch—and requires minimal documentation.

Fixed deposits offer various features that make them a secure and convenient investment option. 

• They allow individuals to invest a lump sum amount for a fixed tenure at predetermined interest rates, ensuring predictable returns. 
• The minimum investment amount is usually affordable, making FDs accessible to a wide range of investors. Tenure options are flexible, typically ranging from 7 days to 10 years, allowing customisation according to financial goals.
• Many financial institutions provide the convenience of opening and managing FDs online, eliminating the need for branch visits. Some FDs also offer instant KYC verification to simplify the onboarding process. 
• Additionally, premature withdrawal options are often available, subject to penalties, to provide liquidity during emergencies.

Fixed deposits are a reliable choice for those seeking stable, low-risk investment opportunities with guaranteed returns.

If you are looking for an FD provider, consider Bajaj Finance Fixed Deposit for attractive interest rates of up to 7.30%. Open FD account. 

Standalone fixed deposits cater to a wide range of investors with varied financial needs. Here are the types of individuals who should consider this investment:

• Risk-averse investors: Ideal for those seeking guaranteed returns without exposure to market risks.
• NRIs: Convenient for non-resident Indians who want to invest in India without opening a savings account.
• Senior citizens: Seniors generally receive extra returns as compared to investors below the age of 60. In case of Bajaj Finance, seniors can get extra returns of up to 0.35% p.a. Open FD.
• Diversified investors: Suitable for those looking to add low-risk investments to their portfolio.

Standalone FDs are a versatile and secure investment tool for individuals across different financial backgrounds

Opening a standalone fixed deposit is simple and can be done both online and offline. Here are the steps to open a Bajaj Finance Fixed Deposit:

Online process

1. Visit the Bajaj Finance website and navigate to the fixed deposit section.
2. Click on ‘Open FD' at the top of this page to open our online application form.
3. Enter your 10-digit mobile number and verify the OTP sent to your phone.
4. Fill in the investment amount, choose the investment tenure and the payout frequency. Enter your PAN card and date of birth.
5. Complete your KYC: If you are an existing customer, confirm the details available with us, or edit to make any changes. For new customers, complete your KYC using Aadhaar.
6. A declaration will be displayed. Please read it carefully and agree to the terms and conditions. Enter your bank details and proceed to pay.
7. Complete your investment using NetBanking/ UPI or NEFT/ RTGS.

Offline process

1. Visit the nearest Bajaj Finance branch.
2. Fill out the FD application form.
3. Submit required documents, including identity proof and address proof.
4. Deposit the investment amount via cheque or cash.
5. Receive an FD receipt as proof of your investment.

Opening a Bajaj Finance Fixed Deposit is quick and hassle-free, ensuring you can start growing your savings immediately.

Standalone fixed deposits are a dependable and user-friendly investment avenue, offering financial stability and predictable returns. Their flexibility and security make them an excellent choice for anyone looking to achieve short-term or long-term financial goals.

Consider exploring standalone fixed deposits today and take a step closer to achieving your financial aspirations.

Take the first step towards financial security today – Open your Bajaj Finance FD and let your money grow steadily!