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Bajaj Finance


RBI Insured
Highest rated NBFC with
5 Cr+ transacting customers

Calculate Bajaj Finance returns


One lakh rupees only
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Why Bajaj Finance?

Highest Credit Ratings

AAA by CRISIL ensures that deposits are safe

Highly Profitable & Growing

Annual Profits of Rs. 10,000+ crores

RBI Registered

Bajaj is RBI registered deposit taking NBFC

Video KYC

Not Needed

Lock-in

3 Months

Frequently Asked Questions

Is it safe to invest in Bajaj Finance?
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Yes, Bajaj Finance is RBI-registered with high safety and credibility ratings from CRISIL and ICRA.
Can I withdraw my FD prematurely?
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Yes, you can withdraw your FD investment done on the Stable Money app anytime post 90 days. Your principal will be 100% secure and interest may also be applied based on the held tenure. Your invested amount will be credited to your bank account by the end of next working day. Below is the premature withdrawal calculation which is followed for Bajaj 0-3 months: Lock-in, withdrawal not possible 3-6 months: only principle is returned 6 months onwards: 2% lower than the applicable interest rate for the held tenure If the held tenure doesn't have any contracted interest rate, then the applicable rate will be 3% lower than the minimum interest rate applicable for Bajaj FDs In case you have any further queries, please feel free to reach us at [email protected]
Can I invest in an FD without opening a bank account?
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Yes, absolutely! The beauty of booking an FD through the stable money app is that you can invest in high interest FDs without having to open a savings account with the bank. You can digitally book an FD wherein the money gets invested from your source account and the maturity amount gets refunded back to the same account. The whole booking process just takes 3 mins, so give it a try today!
Is video KYC required for Bajaj Finance?
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No! Video KYC is not required to book an FD with Bajaj Finance. Your details are verified through DigiLocker, and after payment, Bajaj Finance will approve your FD within 2 working days.
How can I book an FD for my parents?
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Firstly, we'd like to thank you for thinking of your parents and planning their investments. You can book an FD for your parents and also get the benefits of senior citizen rates. Below are the things to keep in mind. 1. Register the Stable Money app on their phone, which carries the number that is linked to their Aadhaar card. 2. Ensure that they verify the same number (linked with Aadhaar) during the FD booking process. In case you have any further queries, please feel free to reach us at [email protected]
What happens when the FD matures?
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The principal and interest will be credited to the bank account used for payment within 2 working days.
How can I prematurely withdraw my Bajaj Finance FD?
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To withdraw your Bajaj Finance FD, visit the official Bajaj Finance portal, go to "My Account" and click on "Apply for a premature withdrawal of FD."
Is it safe to invest in an FD with Bajaj Finance?
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Bajaj Finance FD is a CRISIL AAA/STABLE rated investment product which has deposits worth more than 50,000 Cr. Bajaj Finance has been in business for nearly 40 years and has more than 5L customers who've booked an FD with them (across all their channels available). You can definitely evaluate this FD for high returns and proven track record of the company which is in business for over 40 years.
How long does it take for the withdrawal amount to be credited?
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In case of a premature withdrawal, your refund gets credited by end of the next working day. Please note that NBFCs have a lock-in period of 3 months from the date of booking. Post the lock-in period is over, you can request a withdrawal anytime on their website.
What type of bank accounts can be used to book an FD with Bajaj Finance?
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At the moment, Bajaj Finance accepts deposits from resident indians using their individual savings bank account or joint savings bank account where they individual booking the FD is the primary holder. Other accounts such as current accounts, HUF accounts, corporate accounts, NRO, NRE, and FCNR accounts cannot be used to book an FD at the moment. Another point to note is that a customer cannot book an FD using someone else's bank account.
How much can I invest in an FD with Bajaj Finance?
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There is no limit of the amount of money which can be deposted in fixed deposits with Bajaj Finance. You can invest any amount, with a minimum of ₹15,000 needed to start. However, each transaction might have certain limits depending on the mode of payment being chosen by the customer. UPI: If you choose UPI as your payment method, you can book an FD up to ₹1 lakh. All popular UPI apps are supported, including Paytm, Google Pay, and PhonePe. Net banking: Transactions of ₹80,000 or above can use net banking as a payment option. All popular banks support net banking services.
Where will I get the maturity or withdrawal amount?
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The maturity or withdrawal amount will be credited to the bank account which has been set up as the withdrawal bank account while making the booking.
How will I receive confirmation that my FD is booked?
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Once your FD is booked successfully, you will get the FD receipt directly on your registered email id. The FD receipt carries all the information such as FDR number, customer id, maturity amount etc. The same can be verified with the bank to get further assurance that your FD is booked with them successfully. FD receipt is also accessible in the app for your convenience.
Is Netbanking available for Bajaj Finance?
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Yes, you can book an FD with Bajaj Finance using Netbanking for amounts over ₹80000. Transactions of ₹80,000 or above can use net banking as a payment option. All popular banks support net banking services.
What is the compounding frequency of an FD with Bajaj Finance?
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Bajaj Finance follows annual compounding, which means, the interest is added to the Principal once a year.
Where does my investment go after payment?
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Stable Money is an online platform which allows direct investments with banks and NBFCs. When you invest in Bajaj Finance, your money is invested directly with the bank and you get an FD receipt from the bank directly once the FD is booked successfully.
Are monthly or quarterly interest payouts available with Bajaj Finance?
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No, at the moment, Bajaj Finance offers FDs with interest payouts at maturity. We will notify you incase of any changes in the future.
What are the different payment options available to book an FD?
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Stable Money allows investments using both UPI and net banking. UPI: If you choose UPI as your payment method, you can book an FD up to ₹1 lakh. All popular UPI apps are supported, including Paytm, Google Pay, and PhonePe. Net banking: Transactions of ₹80,000 or above can use net banking as a payment option. All popular banks support net banking services.
Can I change my withdrawal bank after booking my FD?
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When you book an FD with any bank, the withdrawal bank account that you set up is the bank account to which the money gets credited back once your FD is matured or prematurely withdrawn. Incase your withdrawal bank account is frozen or closed during this period, you can send us an email at [email protected] and our team will assist you further.
Are there any deductions when I prematurely withdraw my FD?
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When you prematurely withdraw your FD using the Stable Money app, your invested amount is 100% safe. Infact, you earn interest as well on your investment. The interest calculation is explained with an example below: Below is the premature withdrawal calculation which is followed for Bajaj 0-3 months: Lock-in, withdrawal not possible 3-6 months: only principle is returned 6 months onwards: 2% lower than the applicable interest rate for the held tenure If the held tenure doesn't have any contracted interest rate, then the applicable rate will be 3% lower than the minimum interest rate applicable for Bajaj FDs In case you have any further queries, please feel free to reach us at [email protected]
What happens if my payment is deducted but FD is not booked?
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While we try to ensure that all payments get processed on our app successfully, in the off chance that, due to technical glitches, your FD is unable to be processed, please rest assured that your money is 100% safe and will be returned to your source account within 15 working days. Please note: 1. You must use your own savings account (Name as per PAN, Aadhaar & Bank account must be same) for making payments. 2. Current accounts, HUF accounts, corporate accounts, NRO, NRE, and FCNR accounts cannot be used for booking an FD on the Stable Money app.
Does the ₹5 lakhs deposit insurance cover my complete investment?
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Deposits with Bajaj Finance are not covered under the ₹5 lakhs DICGC insurance, which is applicable to scheduled bank deposits. Bajaj Finance FD is a CRISIL AAA/STABLE rated investment product which has deposits worth more than 50,000 Cr. Bajaj Finance has been in business for many decades and has more than 5L customers who've booked an FD with them (across all their channels available). You can definitely evaluate this FD for high returns and proven track record of the company which is in business for over 40 years.
Is there a savings account opened for me when I book an FD?
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No, a new savings account is not opened for you when you book an FD. Instead, the bank will create an FD account specifically for tracking your FD. You don't need to have an existing account with the bank to book an FD through the Stable Money app This is one of the many benefits of creating an online FD with the Stable Money app.
What is difference between Refund and Reinvest option while booking an FD
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While booking an FD, you get a choice of maturity instructions as below Refund: With this option customers can get back their principal + interest back to their source account Reinvest: With this option customers can reinvest back in the same tenure with the bank at the current applicable rates
Can FD be booked only during bank working hours?
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With the Stable Money app, you can book an FD at any time that's convenient for you. Our app allows you to book FDs 24/7, 365 days a year.
What happens if a Bajaj Finance goes bankrupt?
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Deposits with Bajaj Finance are not covered under the ₹5 lakhs DICGC insurance, which is applicable to scheduled bank deposits. However, Bajaj Finance is a well-established NBFC with a strong track record, offering secure and reliable investment options for our customers. Bajaj Finance, their Fixed Deposits (FDs) are a safe and secure option with a low risk of investment. They have been rated AAA/Stable by both CRISIL and ICRA, which indicates the highest level of safety. The returns are also guaranteed and not dependent on market conditions, so you can expect to receive the interest you're due at maturity.
How do I withdraw my FD prematurely?
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Below is the process of withdrawing your FDs done with Bajaj Finance. 1. You can visit the website https://www.bajajfinserv.in/MyAccountLogin?Source=Landing and directly visit My Account - Bajaj Finance customer portal by clicking on 'Apply for a premature withdrawal of FD' below. 2. Once signed in, you'll be redirected to the 'Raise a Request' section. 3. You can then select your FD, enter the relevant query and sub-query type, and proceed to submit. 4. You can also reach out to Bajaj customer support. Once you place a withdrawal request, you can expect the amount in your banka account by the end of the next working day. In case you have any further queries, please feel free to reach us at [email protected]
Is the interest earned on FDs taxable?
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Yes, the interest earned on fixed deposits is taxable according to your tax slab. In case the interest accrued at a bank in a given financial year (April 1st to March 31st) is ₹5,000 or above, a 10% TDS is applicable on the entire interest earned, which the bank deducts automatically. To avoid TDS deduction, you can submit tax exemption certificates (Form 15G/H) at the bank. For details on your specific tax liability, it is advisable to consult a tax advisor. You can contact us at [email protected] for further assistance.
Can I submit the form 15G/H for my FDs invested in Bajaj Finance?
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Yes, there is a well defined process for updating the form 15G/H for the FDs booked in Bajaj Finance. For this our team will be able to guide you through the process which is simple and 100% online. Please reach out to us at [email protected] and we will be in touch.
What is the logic of taxation on FDs
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That's a great question. Allow us to explain this in the simplest way possible. Any interest earned on your FDs (including tax saver FDs) is added to your income for a given financial year. Your tax slab is calculated based on your total income, which includes income from salary, rent, and other sources, and you pay income tax accordingly. For any questions, please feel free to reach out to us at [email protected], and our experts will guide you further.
How do I get Interest certificate or TDS certificate for my FDs
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Yes, there is a well defined process for updating the form 15G/H for the FDs booked in Bajaj Finance. For this our team will be able to guide you through the process which is simple and 100% online. Please reach out to us at [email protected] and we will be in touch.
If my interest is paid out only at maturity, will I still need to pay income tax on my accrued interest?
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Let's understand this with an example: If you book an FD for a 3-year period that gives you yearly interest of ₹10,000 (between April and March) with interest payout at maturity, each year, ₹10,000 will be added to your taxable income as "income from other sources" based on the accrued interest. So, regardless of whether the interest is paid out in a given financial year or at maturity, the interest earned is added to your taxable income. For any questions, please feel free to reach out to us at [email protected], and our experts will guide you further.
What is the logic of TDS deduction on FDs?
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TDS stands for Tax Deducted at Source. If the interest earned through FDs booked with a particular NBFC for an individual customer in a given financial year (April-March) exceeds ₹5,000, the bank deducts 10% TDS on the interest amount. Important points to note: This limit applies at both the NBFC and PAN levels (this includes all FDs booked with the NBFC, whether online or offline). Only interest accrued within the financial year (April-March) is considered.

Calculate Bajaj Finance returns


One lakh rupees only
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Earn up to 9.50% interestUp to ₹5 lakh is insured by DICGC