Bajaj Finance Fixed Deposit Rates

Bajaj Finance FD Rates

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Bajaj Finance Limited is a leading Non-Banking Financial Company (NBFC). It offers attractive fixed deposit (FD) Planes that combine high returns. With reliable reputation and backed by top credit ratings, Bajaj Finance FDs are a popular choice for investors. This article on “Bajaj Finance Fixed Deposit Rates 2025” explores the latest Bajaj Finance FD rates, key features, eligibility, and benefits, helping you make an informed investment decision.

Bajaj Finance Fixed Deposit Rates 2025

Bajaj Finance provides competitive interest rates with special benefits for senior citizens. As of April 2025, the rates vary based on the deposit amount, tenure, and investor category. Below is an overview of the key rates:

  • FD Max (Deposits up to ₹25,000, 42-month tenure):

    • Non-Senior Citizens: Up to 8.35% p.a.
    • Senior Citizens: Up to 8.60% p.a.

  • Regular FD (Deposits from ₹25,001 to ₹3 crore, 42-month tenure):

    • Non-Senior Citizens: Up to 8.15% p.a.
    • Senior Citizens: Up to 8.40% p.a.

  • General Tenure Rates (12 to 60 months):

    • Non-Senior Citizens: 7.35% to 8.35% p.a.
    • Senior Citizens: 7.60% to 8.60% p.a., with an additional 0.40% p.a. for those over 60.

Special tenures of 18, 22, 33, 42, and 44 months offer higher rates, with the 42-month Digital FD Max providing the highest returns. Rates are subject to change, so check the official Bajaj Finance website for the latest updates before investing.

Key Features of Bajaj Finance Fixed Deposits

  1. Flexible Tenures: Choose from 12 to 60 months to align with your financial goals, whether short-term savings or long-term wealth creation.
  2. Minimum Investment: Start with as little as ₹15,000, making it accessible for a wide range of investors.
  3. Payout Options: Opt for cumulative FDs (interest paid at maturity) or non-cumulative FDs (interest paid monthly, quarterly, half-yearly, or annually) based on your cash flow needs.
  4. Digital FD: The Bajaj Finance Digital FD, available exclusively online, offers up to 8.60% p.a. for a 42-month tenure, with a seamless application process via the website or app.
  5. Systematic Deposit Plan (SDP): Invest small monthly amounts starting at ₹5,000, with each deposit treated as a separate FD, ideal for disciplined savings.
  6. Loan Against FD: Access liquidity by borrowing up to 75% of cumulative FD value or 60% of non-cumulative FD value without breaking the deposit.
  7. Premature Withdrawal: Withdraw funds after a 3-month lock-in period, though penalties apply (no interest for withdrawals between 3-6 months; 2% lower rate after 6 months).

Safety and Credibility

Bajaj Finance FDs are among the safest investment options, with:

  • Top Credit Ratings: CRISIL AAA/STABLE and ICRA AAA/STABLE ratings, indicating the highest level of safety.
  • RBI Registration: Registered with the Reserve Bank of India as a deposit-taking NBFC since 1998.
  • Strong Track Record: Over 35 years of operation with no defaults and a deposit book exceeding ₹66,131 crore as of September 2024.
  • S&P Global Rating: The only Indian NBFC with a ‘BBB’ international rating, reinforcing its financial stability.

Note that Bajaj Finance FDs are not covered by the Deposit Insurance and Credit Guarantee Corporation (DICGC) insurance, unlike bank FDs, but their high ratings and track record mitigate risks.

Eligibility and Documentation

Bajaj Finance FDs are open to:

  • Resident individuals, including minors with a guardian
  • Non-Resident Indians (NRIs), Overseas Citizens of India, and Persons of Indian Origin
  • Sole proprietorships, partnership firms, companies, HUFs, trusts, societies, and clubs

To open an FD online, you need a KYC-verified savings account, PAN card, and address proof (e.g., electricity bill, bank statement). The online process is paperless and can be completed via the Bajaj Finance website or app.

Bajaj Finance Fixed Deposit Rates 2025

Tax Implications

  • Taxable Interest: FD interest is fully taxable under “Income from Other Sources” and subject to your income tax slab rate.
  • TDS: Tax Deducted at Source applies if interest exceeds ₹40,000 (₹50,000 for senior citizens) annually. Submit Form 15G (non-senior) or 15H (senior) to avoid TDS if your income is below the taxable threshold.
  • Planning Tip: Factor in tax deductions when calculating returns, as they can reduce net gains.

How to Open a Bajaj Finance FD

  1. Visit the Bajaj Finance website or app and click “Open FD.”
  2. Enter your 10-digit mobile number and verify with OTP.
  3. Input investment amount, tenure, and payout frequency.
  4. Provide PAN card details and date of birth.
  5. Complete KYC using Aadhaar (new customers) or confirm existing details (returning customers).
  6. Agree to terms, enter bank details, and pay via NetBanking, UPI (up to ₹1,00,000), or NEFT/RTGS.
  7. Receive a Fixed Deposit Acknowledgement (FDA) via email and SMS, with an e-FDR within 3 working days.

Why Choose Bajaj Finance FD?

  • High Returns: Rates up to 8.60% p.a. outperform most savings accounts and post-office FDs (6.90% to 7.50% p.a.).
  • Convenience: End-to-end online process with easy management via the “My Account” portal.
  • Senior Citizen Benefits: Additional 0.40% p.a. enhances returns for those over 60.
  • Flexibility: Multiple payout options and tenures cater to diverse financial needs.
  • Trust: Backed by over 5 lakh depositors and a legacy of trust since 1987.

Bajaj Finance FD Rates

Claculate FD — https://www.bajajfinserv.in/investments/fixed-deposit-calculator

Also visit : https://postofficefd.com/how-to-open-an-sbi-bank-account-online/

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