Bajaj Finance to offer higher returns on smaller fixed deposit 

Adds a new cap of minimum deposit of Rs. 25000 in the fixed deposit scheme
Addresses the popular demand witnessed amongst its 15 MM customers franchise
Company expects 60% increase in depositors count and double its  FD Book in the next 12 months

April 5, 2017: Bajaj Finance Ltd, India’s most diversified NBFC, today announced a new minimum cap of Rs. 25000/- in its best in class AAA rated Fixed Deposits. In an intend to maximise the returns for its customers, Bajaj Finance, the lending and investment arm of Bajaj Finserv will offer an annual cumulative interest rateof 8.05% for a  tenor of 36-60 months on the reduced amount. This will also address the saving needs of mass retail category that are looking for assured returns with a credible savings instrument. 

This step comes as a results of the huge demand  from its 15 MM customer base, to have access to quality FD investment at a lower cap of Rs. 25,000. This will also allow small depositors to generate higher returns through traditional savings product.

Earlier, for depositors in National Capital Region and Greater Mumbai, the minimum deposit amount was INR 75,000 –and for rest of India the minimum deposit was INR 50,000. The new minimum cap of Rs. 25,000/- will be applicable across the country with immediate effect.

Bajaj Finance Ltd expects 60 per cent increase in new deposit origination which is currently at 6000 Cr. and FD Book to double to to Rs. 8500 Cr.

Commenting on this initiative Mr. Sachin Sikka, Business Head, Fixed Deposit , Bajaj Finance Ltd said: We are extremely excited to be  part of the investments and savings portfolio of retail investor. Fixed Deposits from a brand like Bajaj Finance gives huge comfort of trust as well as fulfils returns aspiration on the overall balanced savings approach. Currently we service elite category of depositors and  have seen exceptional demand from retail depositor who want to save regularly and that too with AAA rated fixed instruments in the range of 25,000 to 50,000, by regularly investing in smaller value.”  

The Bajaj Finance Ltd Fixed Deposit Scheme allows flexible return options i.e. monthly, Quarterly, half yearly and annual return options with attractive interest rates. Additionally, senior citizens also get an additional benefit of 0.25%  for deposit size upto INR 1 Crore.

Tenor in Months


Non- Cumulative





Half Yearly


12 – 13






24 – 35






36 – 60






Bajaj Finance Ltd one of the very few NBFCs in India to be awarded the highest credit rating of FAAA/ Stable by CRISIL and MAAA (Stable) Rating by ICRA for its Fixed Deposits.


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