Annual rate of interest valid for deposits up to Rs.5 crore (w.e.f 02 Nov 2020)
|
| Tenure in Months |
Minimum deposit (in Rs.) |
Cumulative |
Non-Cumulative |
| Monthly |
Quarterly |
Half Yearly |
Annual |
| 12 – 23 |
25,000 |
6.10% |
5.94% |
5.97% |
6.01% |
6.10% |
| 24 – 35 |
6.30% |
6.13% |
6.16% |
6.20% |
6.30% |
| 36 - 60 |
6.60% |
6.41% |
6.44% |
6.49% |
6.60% |
Rate benefits basis customer category (w.e.f 02 Nov 2020):
+ 0.25% for senior citizens + 0.10% for customers opening FD through online mode.
Note: Senior citizens investing in a Bajaj Finance online FD will only receive one benefit (rate benefit of 0.25%), regardless of the mode of investment.
Renewal:
+0.10% over and above the applicable rate of interest/card rate at the time of renewal of deposit. In case of online renewal, only one benefit (renewal benefit of 0.10%) will be extended.
Amid falling fixed deposit rates and fluctuating market conditions, Fixed Deposit interest rates offered by financiers may not appear too attractive, but you can invest in a Bajaj Finance Fixed Deposit to reap the benefits of best FD rates of up to 6.85%. In addition to competitive interest rates, Bajaj Finance Limited offers several benefits that make it easy for you to invest and grow your savings.
However, your FD interest rates depend on the tenure, and interest payout frequency you choose. Bajaj Finance FD offers one of the best FD rates in India, as individuals below 60 years of age can earn up to 6.60% returns on their deposit, with additional rate benefit of 0.10% on online investments for individuals below 60 years of age. Senior citizens can get additional rate benefit of 0.25% on their deposits, regardless of their mode of investment.
Along with the highest Fixed Deposit interest rates, you can look for high safety of your deposit, along with flexible tenures, periodic interest payouts, multi-deposit facility, auto-renewal facility and easy loan against FD. This ensures a hassle-free investment experience along with the benefit of growing your savings with the best Fixed Deposit rates in India.
Start your investment journey with Bajaj Finance FD, and make your savings grow easily.
Cumulative FD vs Non-cumulative FD:
Choose from Cumulative FDs (where interest is payable at the time of maturity) or
Non-cumulative FDs (where interest may be payable at monthly, quarterly, half-yearly
or annual basis).