If you are looking for predictable returns with zero market risk, opening a Bajaj Finance FD online is a strong choice for savers. Before you invest, use an FD calculator or a fixed deposit calculator to estimate maturity values, compare payout options, and align your tenure with goals. In this guide, you will learn how to open Bajaj Finance FD online, how to pick the right payout and tenure to secure the best interest rate, and how to optimise tax and liquidity features for a seamless experience.
Current Bajaj Finance FD interest rates
The following are the latest rate slabs for Bajaj Finance FD by customer category and tenure. Payout options refer to how interest is paid to you.
FD rates for customers below the age of 60 (non-senior citizens)
Tenure: 12 to 14 months
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- At maturity (p.a.): 6.60%
- Monthly (p.a.): 6.41%
- Quarterly (p.a.): 6.44%
- Half-yearly (p.a.): 6.49%
Tenure: 15 to 23 months
- At maturity (p.a.): 6.75%
- Monthly (p.a.): 6.55%
- Quarterly (p.a.): 6.59%
- Half-yearly (p.a.): 6.64%
- Annual (p.a.): 6.75%
Tenure: 24 to 60 months
- At maturity (p.a.): 6.95%
- Monthly (p.a.): 6.74%
- Quarterly (p.a.): 6.78%
- Half-yearly (p.a.): 6.83%
- Annual (p.a.): 6.95%
FD rates for customers above the age of 60 (senior citizens)
Tenure: 12 to 14 months
- At maturity (p.a.): 6.95%
- Monthly (p.a.): 6.74%
- Quarterly (p.a.): 6.78%
- Half-yearly (p.a.): 6.83%
- Annual (p.a.): 6.95%
Tenure: 15 to 23 months
- At maturity (p.a.): 7.10%
- Monthly (p.a.): 6.88%
- Quarterly (p.a.): 6.92%
- Half-yearly (p.a.): 6.98%
- Annual (p.a.): 7.10%
Tenure: 24 to 60 months
- At maturity (p.a.): 7.30%
- Monthly (p.a.): 7.07%
- Quarterly (p.a.): 7.11%
- Half-yearly (p.a.): 7.17%
- Annual (p.a.): 7.30%
How to read the rate card
- At maturity rate: Applies to cumulative FDs where interest is paid along with principal at maturity. This usually delivers the highest effective return for the same tenure.
- Monthly, quarterly, half-yearly, yearly: These are non-cumulative payout options where interest is paid periodically. The rates are quoted on a p.a. basis and are lower than cumulative due to regular payouts.
- Tenure banding: The interest rate depends on the tenure bracket selected.
- Senior citizen benefit: Senior citizens earn higher interest rates across all tenures. Always select the correct category at the time of booking.
How to secure the best rate on Bajaj Finance FD
- Prefer cumulative for growth: If you do not need regular income, choose the at maturity option to benefit from compounding.
- Target longer tenures: For non-seniors, the 24 to 60 month band offers up to 6.95% p.a. at maturity. Seniors can earn up to 7.30% p.a. at maturity.
- Book as a senior if eligible: Senior citizens receive higher rates. Booking in the senior family member’s name can improve returns and align tax planning.
- Plan with an FD calculator: Use the fixed deposit calculator to compare maturity values and payouts across tenures.
- Consider multiple deposits: Split larger investments across multiple FDs with different maturities to manage liquidity and reinvestment risk.
Documentation, eligibility and onboarding tips
- Identification and address: Keep PAN and Aadhaar ready. Aadhaar-linked mobile number is required for OTP verification.
- Bank details: Provide correct bank account details for interest payouts and maturity proceeds.
- Nominee addition: Add a nominee during booking for smooth fund transmission.
- Minimum amount: Check the prevailing minimum deposit amount before booking.
- Joint holders: Joint FDs can be opened online; order of holders should align with tax and estate planning.
Liquidity, premature withdrawal and renewal
- Premature withdrawal: Generally allowed only after a minimum lock-in period. Early withdrawal may attract lower interest as per policy.
- Loan against FD: Bajaj Finance allows loans against FD, helping meet short-term liquidity needs without breaking the deposit.
- Renewal choices: On maturity, you can renew principal, renew principal plus interest, or receive proceeds in your bank account.
- Auto management: Enable alerts on the Bajaj Finserv App or email to track renewals and interest credits.
Tax implications on Bajaj Finance FD
- Interest earned on fixed deposits is taxable as per the investor’s income tax slab.
- Senior citizens can claim deduction up to Rs. 50,000 under Section 80TTB, applicable only under the old tax regime.
- TDS at 10% applies if interest exceeds Rs. 50,000 for non-senior citizens and Rs. 1,00,000 for senior citizens in a financial year (FY 2025–26).
Bajaj Finance provides interest certificates to help investors manage tax filing efficiently.
Practical strategies to maximise returns
- Match tenure to goals: Avoid locking short-term funds in long tenures.
- Prefer cumulative for long-term goals: Education, home down payment, or car upgrades benefit from compounding.
- Align income with expenses: Monthly or quarterly payouts suit retirees or those needing regular income.
- Stagger deposit dates: Helps manage interest rate changes.
- Use the customer portal: Track deposits, download certificates, and reinvest efficiently.
Conclusion
Bajaj Finance FD offers a reliable way to earn assured returns with flexible payout options and a fully digital onboarding experience. To maximise outcomes, choose between cumulative and non-cumulative options carefully, select the right tenure band, and run scenarios through an FD calculator before investing. By opening a Bajaj Finance FD online and aligning it with your financial goals, you can confidently lock in competitive interest rates p.a. and keep your savings strategy efficient and predictable.
