FD interest rates up to 8.85% p.a. | Highest safety ratings | Bajaj Finance Fixed Deposit (2024)

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• Term Deposit

  We offer term deposits, commonly referred to as fixed deposits, starting from as low as Rs. 15,000. You can open a fixed deposit online and opt for a range of tenures from 12 months to 60 months. From time to time, we offer special tenures with higher interest rates. In our fixed deposit, you invest a fixed amount for a fixed tenure and get the interest either at maturity or at a defined frequency.
  

• Systematic Deposit Plan- Single Maturity Scheme (SMS)

  We have created a special deposit plan for customers interested in making regular deposits. It is referred to as a Systematic Deposit Plan (SDP). In an SDP, you can invest as low as Rs. 5,000 every month for a defined tenure (19 to 60 months). Under the Single Maturity Scheme (SMS), you get the ‘principal + interest’ at maturity. The interest on each new deposit is calculated based on the prevailing interest rates in the deposit month.
  

• Systematic Deposit Plan- Monthly Maturity Scheme (MMS)

  We have created a special deposit plan for customers interested in making recurring deposits, referred to as a Systematic Deposit Plan (SDP). In an SDP, you can invest as low as Rs. 5,000 every month for a defined tenure (12 to 60 months). Under the Monthly Maturity Scheme (MMS), ‘principal + interest’ for each deposit is paid monthly, on maturity of each deposit.

Bajaj Finance has launched a new FD, "Bajaj Finance Digital FD", for a period of 42 months. Bajaj Finance is providing one of the highest interest rates of up to 8.85% p.a. for senior citizens and for the customers below the age of 60 they are providing a rate of up to 8.60% p.a. The Digital FD can be opened and managed only through the Bajaj Finserv website or app.

Fixed Deposit is an investment tool offered by banks and non-banking financial institutions (NBFCs), through which you can invest your money for a specific amount of time at a fixed interest rate.
When you invest in an FD, the financial institution assures you that it will return your money at the end of the tenure, often known as the maturity period, and will also pay you interest.

Bajaj Finance offers flexible tenure options to all customers. While investing, you can choose any tenure from 12 months to 60 months. The interest rate for each investment varies based on the tenure selected by the investor. Bajaj Finance also offers special returns on special tenures of 18, 22, 33, 42 and 44 months.

Theminimum amount for investing in a fixed deposit with Bajaj Finance is Rs. 15,000.

Bajaj Finance allows premature withdrawal option for fixed deposits to all the depositors, which allows them to close the FD before the scheduled maturity date.
Click Here to know more about how to avoid premature FD withdrawal.

A fixed deposit is a one-time investment option that allows you to invest lumpsum money for a particular duration at the interest rates applicable during the time of investment.

A systematic deposit plan is a monthly investment option in which the customer can make small monthly instalments starting at just Rs. 5,000.
Each investment done every month acts as a fresh FD and will have different rates based on the interest rate applicable during investment.

There is no limit to the number of deposits you can make with Bajaj Finance Fixed Deposit. Presently Bajaj Finance offers FD rates up to 8.85% p.a.

Customers looking for online FD booking can invest between Rs. 15,000 to Rs. 5 crore in Bajaj Finance Fixed Deposit.

For offline investors, there is no upper limit to the investment amount.

Yes, you can obtain monthly interest on a fixed deposit by selecting an FD non-cumulative monthly scheme.

With the non-cumulative scheme by Bajaj Finance, customers can choose to fund their regular expenses by getting a periodic income.

Investing in Bajaj Finance Fixed Deposit is easy. You can invest in FD via either online or offline mode. You can invest offline through your nearest branches or our representatives.

Yes, investing in Bajaj Finance Fixed Deposit is safe. It is accredited with [ICRA]AAA(Stable) and CRISIL AAA/STABLE ratings, which indicate the highest level of safety and lowest investment risk.

The tenure for Bajaj Finance Fixed Deposit ranges from 12 to 60 months.

In India, FDs have gained popularity as a means of saving money. These low-risk investments come with tax advantages and a fixed interest rate on your deposit. They are a safe and secure option, and opening an FD is hassle-free. You can earn interest on your deposits by investing in FDs.

With highest credit rating of CRISIL AAA/STABLE and [ICRA]AAA(STABLE), Bajaj Finance offers higher FD rates of up to 8.85% p.a. to senior citizens, and up to8.60% p.a. for customers below 60 years of age. With a minimum amount of Rs. 15,000, you can start investing with an end-to-end online application process.