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 11 June, 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 | 6.60% | 6.41% | 6.44% | 6.49% | 6.60% |
| 15 - 23 | 6.75% | 6.55% | 6.59% | 6.64% | 6.75% |
| 24 – 60 | 6.95% | 6.74% | 6.78% | 6.83% | 6.95% |
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 11 June, 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 | 6.95% | 6.74% | 6.78% | 6.83% | 6.95% |
| 15 - 23 | 7.10% | 6.88% | 6.92% | 6.98% | 7.10% |
| 24 - 60 | 7.30% | 7.07% | 7.11% | 7.17% | 7.30% |
Fixed Deposit yield table
The term "yield" describes the profits produced and realised on an investment over a specific time frame. It is shown as a percentage based on the amount invested, the security's current market value, or its face value. The interest earned by customers on the investment is also included in the yield.
Maturity = Principal[(1+interestYield table for customers
rate /interest frequency)^(frequency x no of years)]below 60 years of age
Yield = [(Maturity-principal)/principal]/no of years]
Yield table for customers below 60 years of age
On an investment of Rs. 15,000, the yield for different tenures is mentioned below:
| Period (in months) |
Minimum amount (Rs.) |
FD rates w.e.f 11 June, 2025 (p.a.) |
Yield w.e.f 11 June, 2025 (p.a.) |
Payable amount (Rs.)
|
|
|---|---|---|---|---|
| 12 | 15,000 | 6.60% | 6.60% | 15,990 |
| 15 | 15,000 | 6.75% | 6.81% | 16,285 |
| 24 | 15,000 | 6.95% | 7.19% | 17,157 |
| 60 | 15,000 | 6.95% | 7.99% | 20,989 |
Yield table for senior citizens (customers above 60 years of age)
| Period (in months) |
Minimum amount (Rs.) |
FD rates w.e.f 11 June, 2025 (p.a.) |
Yield w.e.f 11 June, 2025 (p.a.) |
Payable amount (Rs.)
|
|
|---|---|---|---|---|
| 12 | 15,000 | 6.95% | 6.95% | 16,043 |
| 15 | 15,000 | 7.10% | 7.16% | 16,352 |
| 24 | 15,000 | 7.30% | 7.57% | 17,270 |
| 60 | 15,000 | 7.30% | 8.45% | 21,335 |
Fixed deposit variants
Special features of Bajaj Finance Fixed Deposit
Bajaj Finance Fixed Deposit offers a range of features designed to provide investors with attractive returns and flexibility. Key features include:
- Senior citizens receive an additional FD interest rate benefit of up to 0.35% p.a. enhancing their returns.
- Bajaj Finance offers competitive FD interest rates, with up to 6.95% p.a. for customers below 60 years and up to 7.30% p.a. for senior citizens, depending on the tenure and deposit amount.
- Investors can choose tenures ranging from 12 to 60 months, allowing alignment with individual financial goals and liquidity needs.
- The FD can be initiated with a minimum investment of Rs. 15,000 making it accessible to a wide range of investors.
- Depending on cash flow requirements, investors can opt for cumulative interest (paid at maturity) or non-cumulative interest, with payouts on a monthly, quarterly, half-yearly, or annual basis.
- The FD boasts the highest safety ratings, including CRISIL AAA/STABLE and [ICRAJAAA (Stable), ensuring the security of the investment.
- In case of emergencies, investors can avail loans against their fixed deposit, up to 75% of the invested amount for cumulative
Pro tip
Bajaj Finance offers attractive Fixed Deposit interest rates of up to 6.95% p.a. for non-senior citizens, and up to 7.30% p.a. for senior citizens, inclusive of an additional rate benefit of up to 0.35% p.a.
How to invest in a fixed deposit?
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Frequently asked questions
Yes, you can always choose periodic interest payouts and opt for monthly interest on your Fixed Deposit. To calculate the monthly fixed deposit interest amount, you can use FD interest calculator.
Yes, the fixed deposit interest is fully taxable. The interest you earn is added to your total income and taxed at slab rates applicable to your total income. Your income tax return is shown under 'Income from Other Sources’. In addition to income tax, banks and companies also deduct TDS from your interest income. You can also check your TDS on FD interest.
When investing in a fixed deposit for a specific tenure, you gain returns on your deposit based on the latest fixed deposit rates offered by your FD issuer. The current fixed deposit rates are low, but you can get the dual benefit of safety and high returns with a Bajaj Finance Fixed Deposit with the latest FD.
With Bajaj Finance you can invest for a tenure of 12-60 months. Bajaj Finance FD offers interest rate up to 7.30% p.a. for senior citizens. and up to 6.95% p.a. for customers below 60 years of age.
You can use the FD calculator to know the FD interest earned on your investment.
Enjoy interest rates of up to 7.30% p.a. for senior citizens, inclusive of an additional rate benefit of up to 0.35% p.a.
FD rates can change with time depending on various factors such as market conditions, inflation, the RBI's monetary policy, and more. Financial institutions may increase or decrease their fixed deposit interest rates to attract or retain customers, adjust to market conditions, or manage their liquidity position. The duration of the FD may also affect the interest rate, with longer-term deposits typically offering higher rates.
Check the latest FD rates of Bajaj Finance w.e.f 11 June, 2025.
The fixed deposit rates can vary for different banks and NBFCs. The interest rate for Bajaj Finance Fixed Deposit ranges from 6.41% p.a. to 6.95% p.a. for customers below 60 years of age. The FD rate for senior citizens ranges from 6.74% p.a. to 7.30% p.a.
Here are the current fixed deposit rates offered by Bajaj Finance, w.e.f 11 June, 2025, the FD rates offered by Bajaj Finance are up to 7.30% p.a. for senior citizens and 6.95% p.a. for customers below 60 years.
Yes, Bajaj Finance offers senior citizen FD which has an extra up to 0.35% p.a. interest payout than the regular rates. These FDs come with flexible payouts to facilitate regular income for the elderly and to get the best return on their investments. The highest rate for Bajaj Finance senior citizen FD is up to 7.30% p.a.
The interest for Rs. 1 lakh FD depends on the tenure and the financial institution's interest rates.
Yes, FD interest can be paid monthly if you choose a monthly payout option. Other payout options include quarterly, half-yearly, annually, or at maturity, depending on your preference and the terms of the FD.
The interest you can earn on your Fixed Deposit depends on the tenure and the interest rate offered by the bank or financial institution. Rates typically range from 5% to 10% per annum.
TDS on Fixed Deposit interest is deducted when the interest earned exceeds Rs. 50,000 in a financial year (Rs. 1,00,000 for senior citizens) for banks and Rs. 5,000 for NBFCs. It is deducted at the time of credit or payment of the interest, whichever is earlier.
Bajaj Finance Fixed Deposits offer competitive interest rates up to 6.95% p.a. for general investors and up to 7.30% p.a. for senior citizens, making it one of the highest FD rates in the market for secure, steady returns.
While both fixed deposits and senior citizen fixed deposits are popular investment options, there's a key difference between them: interest rates. Senior citizen fixed deposits offer higher interest rates compared to regular fixed deposits. This additional benefit is specifically designed to cater to the financial needs of senior citizens.
