Bajaj Finance FD

To ensure the safety of your investment you can go for fixed income instruments like Fixed deposit (FD), recurring deposit (RD), NSC, etc. 

The difference between RD and FD is that each deposit in RD earns interest separately. 

Therefore, only the first deposit earns interest for the entire tenor whereas in case of FDs the interest is calculated on the entire lumpsum amount for the complete tenor. As a result, you stand a chance of earning better returns by investing in an FD. 

Bajaj Finance offers a wide range of fixed deposit plans that assure guaranteed returns to the depositors. The depositors’ money is completely safe in these FDs as they have received high ratings for safety and stability by credit rating organizations like CRISIL and ICRA. 

It offers FD rates up to 7.35% which is the highest interest rate when it comes to fixed deposits in India. Apart from high-interest rates, you also get better control of your investment and more flexibility as compared to traditional FD instruments. 

Here are some of notable FD schemes in India from Bajaj Finance. 

Senior Citizen Fixed Deposit 

Bajaj Finance offers a 0.25% additional interest rate to senior citizens. Moreover, they can also meet their regular needs by opting for monthly or quarterly interest payouts. 

Systematic Deposit Plan 

If you don’t want to accumulate a huge corpus in a fixed deposit but would like to invest a small amount every month that could provide as high-interest rates as an FD, then you can invest in the SDP (Systematic Deposit Plan) from Bajaj Finance.

In this plan, you can invest Rs. 5000 or more every month and the number of monthly deposits can vary as per your financial plan. Moreover, a tenor up to 60 months can be chosen for each of these deposits. These deposits will mature one after another and provide you the returns in consequent months. The interest rate prevailing on the date of deposit will be applicable on each deposit.

This plan is best suited for people who have just started earning or those who would like to invest their monthly savings in a high-yielding fixed deposit. 

Cumulative and Non-Cumulative FD

Bajaj Finance allows you to select either cumulative or non-cumulative FDs as per your financial obligations. The options of monthly, quarterly, six-monthly, and yearly interest payouts can be selected by booking a non-cumulative FD.

Those who want better returns can invest in cumulative FDs and not opt for periodic payouts. Cumulative FDs provide the entire interest earned by your deposit upon maturity and the compounding of interest enables you to get better returns. 

Let’s say that you invest Rs. 25,00,000 in a cumulative FD of 5 years. The interest earnings and maturity amount after 5 years as per your customer type are displayed in the below table:


Customer Type Highest FD rate Principal amount 

(in Rs.)

Interest earnings (in Rs.) Maturity Amount (in Rs.)
Non-senior citizen (offline booking) 7.10% 25,00,000 10,22,795 35,22,795
Senior citizens (offline/online booking) 7.35% 25,00,000 10,64,103 35,64,103
Online Customers 7.20% 25,00,000 10,39,272 35,39,272


You can choose a flexible tenor from 12 to 60 months and the minimum deposit amount is only Rs. 25,000. Therefore, you can start earning through an FD without investing a huge corpus, and options like multi-deposit facility will help you in booking multiple FDs conveniently. 

For checking the returns as per your preferred tenor and deposit amount, you can use an FD rate calculator

A 0.10% additional FD rate is offered to those who apply for an FD using an online FD form. All these options make Bajaj Finance FD an indispensable instrument to multiply your savings.

Bajaj Finance has managed to attract investors who invest in FDs by offering a high-interest rate of 7.35%. These FDs not only provide a high FD interest rate but they are also safe (accredited by CRISIL and ICRA) and help you to protect your investment capital even in these testing times. Apart from that, they also provide modern investment tracking options and an online procedure for booking an FD. The option of opening multiple FDs and choosing a flexible tenor between 12 and 60 months for each of the deposits makes it a great choice for you as you can multiply your savings conveniently.


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