AAA rated NBFC
|BAJAJ FINANCE LIMITED|
|FAAA Rated by CRISIL and MAAA Rated by ICRA|
|Interest Rates applicable for deposit upto Rs. 5 crores only|
|Tenure (Months)||Rate of Interest||Cumulative Yield||Monthly||Quarterly||Half Yearly||Yearly|
Key Features & Benefits:
Upto 6.75% p.a. return on Fixed Deposit and cumulative yield of 7.22% p.a. for senior citizen.
High Stability and Credibility
Interest payment frequency: Monthly, Quarterly, Half-yearly, Annual & Cumulative
Deposit can be placed by Resident Individuals, HUF, Limited, Private Limited Companies, NRI, Co-operative Societies, Association of Persons & Trusts
Quick Loan against Deposit facility
Premature Encashment Available
Information & Checklist
|Mode of Deposit||NEFT/RTGS||Cheque|
|Beneficiary Name||Bajaj Finance Ltd||Cheque payable to “Bajaj Finance Limited”|
|Bank Account Number||00070350006738||A/c 00070350006738|
|Bank Name||HDFC Bank Ltd||crossed 'Account Payee only'|
|Bank branch||885, Bhandarkar Road, Pune-411004||-|
1. Premature withdrawal is permitted for either one or more deposit provided the FD has completed more than 3 months from the date of issuance. The death claims will be settled in accordance with the terms and conditions applicable to Fixed Deposit.
2. Deposits may be withdrawn prior to the date of maturity subject to the regulations of the Reserve Bank of India in this regard. Please note that premature withdrawal of Deposit (including death cases) is subject to the following conditions:
After 3 months but before 6 months - No interest is payable on the deposit. Only the principal is payable
After 6 months but before the date of maturity - The interest rate payable is 2% lower than the interest rate applicable for the period for which the deposit has run for. In case of no interest specified for the period run, interest payable will be 3% lower than the lowest rate being offered by the Company
In the event of the death of a depositor, the Company may repay the Deposit prematurely (irrespective of the lock-in period) to the surviving depositor (which in the case of joint holders will be the first in the sequence of applicants in the Application) or to the nominee/ legal heir(s) of the deceased depositor, upon the request of surviving depositor/s/nominee/legal heir, as the case may be, and only subject to the submission of proof of death and other requisite documents to the satisfaction of the Company.
For premature withdrawals of deposits, the duly discharged FDR with a revenue stamp of requisite value must be surrendered to the company. Premature withdrawals of single or jointly held fixed deposits shall be processed only after such a request is signed by all the depositors along with FDR duly discharged and a cancelled cheque leaf should be submitted.
Bajaj Finance Limited is the lending and wealth advisory arm of Bajaj Finserv Limited. It is the most diversified non-bank in the country with multiple product lines across consumer, commercial and SME finance, making it one of the most profitable companies in the category. Bajaj Finance Limited (BFL), participates in the financial business and is a company listed on The Stock Exchange, Mumbai (BSE) and the National Stock Exchange (NSE).
Profit Before Tax
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Profit After Tax
(Rs. in crore)
Disclaimer : Interest rates are subject to change. Please confirm the rates before investing.
Fixed Deposits At a Glance