Bajaj Finance Short Term FD

What is the Bajaj Finance Short Term FD?

Bajaj Finance Short-Term FD allows its investors to invest a lump sum to deposit for a short period and earn a fixed rate of interest, not subject to market volatility. The interest rates of Bajaj Finance FD rates make it a great choice among conservative investors, senior citizens, and those with short-term financial goals. Investors can customise their deposit to fit their financial needs with flexible tenures ranging from 7 days to 12 months. The scheme is a good investment option when a customer wants higher returns and wants to have low-risk investments with a short term horizon.

Bajaj Finance Short Term FD Interest Rates

Interest rates on Bajaj Finance Short Term FDs vary depending on the tenure and the type of depositor. Here’s a look at the rates for deposits under ₹3 crore:

Bajaj Finance FD Interest Rates w.e.f 11 June 2025

What Makes Bajaj Finance Short Term FD Attractive?

The Short Term FD scheme available at the Bajaj Finance has numerous features that are appealing to the investors:

• Competitive Interest Rates: Bajaj Finance offers general citizens and senior citizens an interest rate of up to 6.60% and 6.95% p.a., respectively, depending on the deal type and the term.
• Flexible Tenure Options: It allows you to customise your FD to your needs, long and short-term, with tenure of 7 days to 12 months.
• Low Minimum Deposit Requirement: The minimum deposit requirement is ₹15,000, which can be met by the majority of investors.
• Digital Booking and Liquidity: Bajaj Finance gives the facility of booking your FD online and also offers liquidity with the option of early withdrawal after 3 months.

How to Open a Bajaj Finance Short Term FD

Bajaj Finance gives an option to open a Short Term FD online or offline. It is divided into the following steps:

Online Application Process:

In order to open a Bajaj Finance Short-Term Fixed Deposit online, you only need to follow these steps:

• Log In: Access your Bajaj Finance Internet Banking or Mobile App.
• Navigate: Go to the Deposits/Fixed Deposit section.
• Select FD: Select the Short-Term Fixed Deposit.
• Enter Details: Enter the amount, tenure and other information required.
• Choose Interest Payout: Select either cumulative or periodic interest payout.
• Review & Submit: Check the information once more and submit it to create the FD.

Offline Application Process:

In order to open a Bajaj Finance Short-Term Fixed Deposit offline, one will have to follow these steps:

• Visit the Branch: Go to the nearest Bajaj Finance branch.
• Fill Form: Complete the Fixed Deposit opening form.
• Provide Details: State the deposit amount, tenure, and payout preference.
• Submit KYC Documents: Provide necessary KYC documents if required.
• Make Deposit: Deposit the amount through cash, cheque, or account transfer.
• Get Receipt: Obtain the FD receipt as confirmation of the deposit.

Who Should Choose Bajaj Finance Short Term FD?

Short Term FD by Bajaj Finance is well-suited to the diverse category of investors, such as:

• Depositors Holding Short-Term Funds: Depositors who keep funds in the savings account can invest in short-term FDs to gain better returns.
• Conservative Investors: Customers seeking guaranteed and low-risk returns could rely on the payouts of the Bajaj Finance at a fixed rate of interest.
• Senior Citizens: Senior citizens receive stable incomes as interest rates are higher for them.
• Working Professionals: Salaried depositors can use short term FDs to save for their future expenses, such as premiums or EMIs, or their personal needs.
• Small and Medium Businesses: These FDs enable businesses to deposit their short-term excess cash to earn interest, as well as to keep liquidity.
• First-Time Investors and Students: Bajaj Finance short-term FDs are appropriate for students and first-time investors since they are shorter in terms, require a minimum deposit, and are safe.

Taxation Rules for Bajaj Finance Short Term FD

The interest earned on the Bajaj Finance Short Term FDs is subject to taxation according to the applicable laws of income tax in India. Tax Deducted at Source (TDS) applies when the total interest on the deposits of Bajaj Finance above ₹50,000 in a financial year for non-senior citizens, though the exemption limit among senior citizens is higher, i.e. ₹1,00,000. When a PAN is provided, the TDS rate is 10% and when not provided, the TDS rate is 20%. Investors with an annual income lower than the taxable limit may file either Form 15G or Form 15H to avoid the deduction of tax at the source.

Key Takeaways

Bajaj Finance Short term FD offers a competitive interest rate of up to 6.95% p.a. to senior citizens and 6.60% p.a. to general customers with flexibility of tenure ranging between 7days to 12 months. The minimum deposit in this FD is ₹15,000, and thus, the FD is suitable for the conservative investor, senior citizens, and the investor seeking low-risk and predictable returns. The scheme offers early withdrawal (after 3 months) liquidity and the advantage of online booking. It is appropriate for both short-term financial goals and long-term investments.