Fixed Deposit: Features and Benefits

Bajaj Finance Fixed Deposit comes with FAAA/Stable Rating by CRISIL and MAAA (Stable) Rating by ICRA, offering the highest security for your investment. Moreover, you can choose a tenor of any number of months from 12 to 60 based on your needs.

Here are some of major benefits of fixed deposit:

- An additional 0.35% rate of interest for senior citizens

- Presence across more than 200 locations in India

- Flexible tenor option

- No TDS on interest payment up to Rs. 5,000 p.a.

Bajaj finserv offers flexible Fixed Deposit: Cumulative or Non-Cumulative.

A cumulative fixed deposit scheme is defined as one where the interest rate is payable at the time of maturity. On the other hand, non-cumulative fixed deposits offer monthly, quarterly, half-yearly, or annual interest payments on the amount invested.


Interest rates based on tenor

Rate of interest per annum valid up to Rs.5 Crore (w.e.f. 1st Feb'18)

Tenor in months Cumulative
Monthly Quarterly Half yearly Annual
12 - 23 7.60%
7.35% 7.39% 7.46% 7.60%
24 - 35 7.80%
7.53% 7.58% 7.65% 7.80%
36 - 60 7.85%
7.58% 7.63% 7.70% 7.85%
Min Amt

1. Special Category Benefit : Existing Bajaj FD customers will get additional 0.25% (0.35% for Senior Citizens)

2. Renewal Benefit : On Renewal of Bajaj FD, customers will get additional 0.25% (including Senior Citizens)

Customer Category Special Category Benefit (A) Renewal Benefit (B) Total Benefit (A+B)
Senior Citizens 0.35% 0.25 0.60%
Existing Customer (live/closed) 0.25% 0.25 0.50%
There shall be a gap of two months between the first and second deposit to avail the special category benefit of 0.25%.
Any one of the above Special Category Benefit (0.35% or 0.25%) will be applicable


SEBI/ Regulatory Registration Nos.: BSE:INB/INF 010607233 NSE:INB/INF/INE 230607239. Merchant Banking: INM000010973 DP Reg: IN-DP-CDSL-28-99 DP ID - CDSL 12013200
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