SDP interest rate – Check the latest systematic deposit plan rates in India

Individuals interested in regular savings can opt for Monthly Maturity Scheme and earn monthly income, for individuals looking for a lump-sum payment a Single Maturity Scheme is a profitable investment choice over other market-linked financial products to get capital protection and better returns at a high-interest rate.

Check the latest SDP interest rates offered by Bajaj Finance Limited here:

Annual rate of interest for deposits up to Rs. 5 crore

(w.e.f June 14, 2022)

Tenor in months


For customers below 60 years

For Senior citizen

12 - 23 months

5.85% p.a.

6.10% p.a.

24 - 35 months

6.60% p.a.

6.85% p.a.

36 - 60 months

7.20% p.a.

7.45% p.a.


Special rate of interest for deposits up to Rs.5 crore

(w.e.f June 14, 2022)

Tenor in months


For customers below 60 years

For senior citizens

15 months

6.05% p.a.

6.30% p.a.

18 months

6.15% p.a.

6.40% p.a.

22 months

6.30% p.a.

6.55% p.a.

30 months

6.70% p.a.

6.95% p.a.

33 months

6.95% p.a.

7.20.% p.a.

44 months

7.35% p.a.

7.60% p.a.


Rate benefits basis customer category (w.e.f June 14, 2022)

Additional rate benefits up to 0.25% p.a. for senior citizens

With Systematic Deposit Plan by Bajaj Finance you can enjoy flexible tenors, periodic interest payouts, loan against SDP and attractive interest rates. Those below 60 years of age can earn interest rates up to 7.35% p.a. by investing online, whereas senior citizens can get secured returns of up to 7.60% p.a.

Start your monthly investment journey to enjoy high interest rates and multiply your savings.

Features of Systematic Deposit Plan

Interest rate

up to 7.60% p.a.

Minimum Tenor

1 Year

Maximum Tenor

5 Years

Deposit Amount

Min- Rs. 5,000

Application Process

Easy online paperless process

Online Payment Options

Net Banking and UPI

Frequently asked questions

Which interest payout options are available for Systematic Deposit Plan?

Only cumulative option of interest payment is available under SDP. The interest will be compounded annually, and the maturity amount will be subject to deduction of tax, wherever applicable.

When and how do I get the interest amount earned on my Systematic Deposit Plan (SDP)?

Interest will be paid on the basis of cumulative scheme in Systematic Deposit Plan.

In cumulative scheme, the interest will be compounded annually and deposited to your bank account at the time of the maturity along with principal. The accumulated interest will be subject to deduction of tax, wherever applicable.

The interest amount gets transferred through National Electronic Fund Transfer (NEFT) or Real Time Gross Settlement (RTGS) modes to the bank account registered with BFL.

However, if the payment with respect to your payout bounces, you shall be informed through a phone call & email.