Bajaj Finserv Fixed Deposit
Bajaj Finance fixed deposits a lucrative interest rate of 8.75%, which can go up to 9.10%. High Stability and Credibility Bajaj Finance fixed deposit has been accredited with ICRA's MAAA (stable) rating and Crisil's FAAA/Stable rating, which indicates high stability of the company. Bajaj Finserv Fixed Deposits available on Finserv MARKETS offers investors one the highest interest rates in all of India. Alongside, these FDs enjoy high safety ratings. This ensures that the principal amount you invest is safe. For information on the best FD Interest Rates offered, please refer to the tables below.
Annual rate of interest valid for deposits up to Rs.5 crore (w.e.f 01 Feb. 2021) | ||||||
|---|---|---|---|---|---|---|
| Tenor in Months | Minimum deposit (in Rs.) | Cumulative | Non-Cumulative | |||
| Monthly | Quarterly | Half Yearly | Annual | |||
| 12 – 23 | 25,000 | 6.15% | 5.98% | 6.01% | 6.06% | 6.15% |
| 24 – 35 | 6.60% | 6.41% | 6.44% | 6.49% | 6.60% | |
| 36 - 60 | 7.00% | 6.79% | 6.82% | 6.88% | 7.00% | |
Rate benefits basis customer category (w.e.f 01 Feb. 2021):
+ 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.
- About Bajaj Finance Limited. Bajaj Finance Limited, a subsidiary of Bajaj Finserv, is an Indian Non-Banking Financial Company (NBFC). Bajaj Finance is the only Indian NBFC to have the 'BBB' rating from the international rating agency S&P Global and its fixed deposit has both ICRA's MAAA and CRISIL's FAAA ratings, the highest in their respective categories.
- Bajaj Finserv is one of the best financial institutions when it comes to fixed deposits. There are many lenders which offer fixed deposits, but Bajaj Finserv is one of the few NBFCs (Non-Banking Financial Companies) to do so. Now, in the case of fixed deposits, one of the biggest considerations of people is how high is the interest rate.
- Yes, it’s safe to in Bajaj Finserv fixed deposits. There are well known company having offices all over India. They offer long range of services like loans, credit cards, etc. However, take note that if you earn above rs 5000/- as interest on deposits placed with Bajaj Finserv, then TDS will be deducted. This limit is rs 10000/- in banks.
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 7.25%. 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 tenor, 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 7.00% returns on their deposit, with additional rate benefit of 0.10% on online investments for individuals. Senior citizens can get additional rate benefit of 0.25% on their deposits, regardless of their mode of investment.
Bajaj Finserv Fixed Deposit Rating
Along with the highest Fixed Deposit interest rates, you can look for high safety of your deposit, along with flexible tenors, 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.
Bajaj Finserv Fixed Deposit Calculator
Cumulative FD vs Non-cumulative FD:
Bajaj Finserv Personal Loan
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).