Bajaj Finance Ltd. Fixed Deposit (FD) Interest Rates

Features of Bajaj Finance Ltd. FD

Interest rates (p.a)7.11% - 8.60%

Minimum deposit 50,000

Maximum deposit 1 Cr

Lock-in

3 months

Tenure 1 yr - 5 yrs

Extra 0.25% p.a.

Why Bajaj Finance Ltd. FD is the right choice

Higher Returns

Get more returns than bank FD; assured returns up to 8.6% p.a.

Strong Financials

CRISIL AAA (Stable) and ICRA AAA (Stable)

Flexible Payout Options

Get interest amount at regular intervals or lumpsum at maturity

FD Calculator

By Deposit Amount
By Target Amount

Deposit Amount

Min. 50,000, Max. 1 Cr

Interest Payout help icon

Deposit Tenure

Min. 1 yr, Max. 5 yrs

Are you a senior citizen?

Regular income

Target Amount

Monthly Income

Min. 50,000, Max. 50,000

Interest Payout help icon

Deposit Tenure

Min. 1 yr, Max. 5 yrs

Are you a senior citizen?

Bajaj Finance Ltd. FD Interest Rate 2023

Tenure

(in months)

Interest payout

On maturity Monthly Quarterly Half yearly Annual

12 - 14

7.4% 7.16% 7.2% 7.27% 7.4%

15 - 15

7.45% 7.21% 7.25% 7.32% 7.45%

16 - 17

7.5% 7.25% 7.3% 7.36% 7.5%

18 - 18

7.4% 7.16% 7.2% 7.27% 7.4%

19 - 21

7.5% 7.25% 7.3% 7.36% 7.5%

22 - 22

7.5% 7.25% 7.3% 7.36% 7.5%

23 - 23

7.5% 7.25% 7.3% 7.36% 7.5%

24 - 24

7.55% 7.3% 7.35% 7.41% 7.55%

25 - 29

7.35% 7.11% 7.16% 7.22% 7.35%

30 - 30

7.45% 7.21% 7.25% 7.32% 7.45%

31 - 32

7.35% 7.11% 7.16% 7.22% 7.35%

33 - 33

7.75% 7.49% 7.53% 7.61% 7.75%

34 - 35

7.35% 7.11% 7.16% 7.22% 7.35%

36 - 38

8.05% 7.77% 7.82% 7.89% 8.05%

39 - 39

8.05% 7.77% 7.82% 7.89% 8.05%

40 - 43

8.05% 7.77% 7.82% 7.89% 8.05%

44 - 44

8.35% 8.05% 8.1% 8.18% 8.35%

45 - 60

8.05% 7.77% 7.82% 7.89% 8.05%

Note: All interest rates shown above are annual(p.a.)

Who can invest in Bajaj Finance Ltd. FD?

Individual investor

Individuals investing as single FD holders

Above 18

Investors who are above 18 years of age. Senior citizens earn additional 0.25% interest

Indian resident

Investors who are resident Indian citizens

Invest in Bajaj Finance Ltd. FD online in 4 easy steps

Enter FD details
Select amount, tenure and interest payout i.e. regularly or on maturity
Setup investment account
Setup your Investment Account with ET Money by submitting your personal and professional details
Make payment
Make payment using Netbanking, UPI or EasyPay
FD is booked
Your FD will be booked. FD Account number will be available to you on App and email.

Early withdrawal rules

There is a fixed lock-in period of 3 months, when investing in Bajaj Finance Ltd. FD. There is a penalty of minimum 2.0% on withdrawing your deposit before maturity.

Fixed Deposit Interest Rates Comparison 2023

Name	Interest rate (p.a.)	Tenure	Min. deposit
Bajaj Finance Ltd.	7.11% - 8.60%	1 - 5yrs	50,000	Deposit Now
SBI Bank	3.00% - 7.60%	1 - 10yrs	1,000	View details
ICICI Bank	3.00% - 7.60%	1 - 10yrs	10,000	View details
Axis Bank	3.50% - 7.95%	1 - 10yrs	5,000	View details
HDFC Bank	3.00% - 7.75%	1 - 10yrs	5,000	View details
Bank of Baroda	3.00% - 7.75%	1 - 10yrs	1,000	View details
IDFC Bank	3.50% - 8.00%	1 - 10yrs	10,000	View details
Kotak Mahindra Bank	2.75% - 7.70%	1 - 10yrs	5,000	View details
Canara Bank	4.00% - 7.75%	1 - 10yrs	1,000	View details
Yes Bank	3.25% - 8.25%	1 - 10yrs	10,000	View details
IndusInd Bank	3.50% - 8.25%	1yr - 5yrs 1m	10,000	View details
Punjab National Bank	3.50% - 7.75%	1 - 10yrs	1,000	View details
IDBI Bank	3.00% - 7.30%	1 - 20yrs	10,000	View details
Union Bank	3.00% - 7.75%	1 - 10yrs	1,000	View details
Citibank	3.50% - 7.95%	1 - 5yrs	1,000	View details
RBL Bank	3.50% - 8.30%	1 - 10yrs	1,000	View details
Indian Bank	2.80% - 7.20%	1 - 10yrs	1,000	View details

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 CRISIL's AAA/Stable rating and ICRA's AAA/Stable ratings, the highest in their respective categories. These indicate that this offering is safe and will offer timely returns.

Benefits of Bajaj Finance Limited Fixed Deposit

1. High Returns - Get attractive returns up to 8.35% p.a. for regular deposit and up to 8.60% p.a. for senior citizens. These high interest rates are beneficial over longer tenures, where power of compounding helps to increase the wealth rapidly.
2. High Stability & Credibility - As the only Indian NBFC with an international rating of 'BBB' by S&P Global, Bajaj Fixed Deposit is a good choice for investors seeking safe avenues to deposit their capital. It has also been certified with highest stability ratings with CRISIL's AAA/Stable rating and ICRA's AAA/Stable rating.
3. Flexible Tenor and payout option - While investing in Bajaj Fixed Deposit, you can select tenure from 12 months to 60 months. If you want a regular income to pay your bills or EMIs, you can opt for monthly or quarterly interest payouts. Alternatively, you can save interests till maturity and enjoy compounded growth of your investment capital.
4. Minimum deposit of 15000 - The minimum investment in Bajaj Fixed Deposit is 15000. This helps in building a habit of saving and you can open FD anytime, without waiting for a large corpus, yet laddering your investments by getting great returns.
5. Multi-deposit functionality - With Bajaj Fixed Deposit, you can open several FDs, each having different tenures and amounts. This ensures better access to liquidity in case of financial emergency as you can withdraw one FD prematurely without disturbing the other ones.

Frequently asked questions

Who all can invest in Bajaj Finance fixed deposit?

Resident individuals with more than 18 years of age as on date of application can invest through the ET Money app. Non-resident Individuals, Overseas Citizen of India, Persons of Indian origin and Sole Proprietorships are not allowed to invest through this app.

Where can I submit 15G/H form?

Once FD is booked, 15G/H form can be submitted online on Bajaj Finance's customer portal “Experia” - https://customer-login. bajajfinserv.in/Customer. Your mobile number are the login credentials for Experia

Bajaj Finance has changed the interest rates. Will that be applicable to my existing deposit?

No. FD is locked with a specific rate, you will continue to receive that rate till maturity. If you wish to avail the new rate, you need to invest in a new Fixed Deposit.

By Deposit Amount
By Target Amount

Are you a senior citizen?

Regular income

Target Amount

Are you a senior citizen?

Earn 0.25% p.a. extra interest

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