Maximizing Your Savings: Bajaj Finserv FD Rates for Bengaluru Residents

Fixed Deposits (FDs) are a safe and effective way to grow your wealth steadily. For Bengaluru residents, Bajaj Finserv FDs provide a balance of competitive interest rates, flexible tenures, and security, making them a preferred choice for both short-term and long-term financial goals. Investors in and around Bengaluru — including nearby areas like Kudur — can also visit the Bajaj Finance branch in Kudur for personalized guidance and support.

Bajaj Finserv FD Rates for Bengaluru Residents

Bajaj Finserv offers fixed deposit schemes that cater to diverse investor profiles, including regular investors, senior citizens, and corporate clients. Interest rates vary based on tenure and payout option (cumulative or non-cumulative), with attractive Bajaj Finserv FD rates in Bengaluru available to meet different financial needs.

As of June 2025, the FD rates are as follows:

Senior citizens receive an additional 0.35% benefit on all tenures, helping them maximize retirement income.

Example: Returns on a ₹5,00,000 FD in Bengaluru

Let’s calculate maturity amounts for Bengaluru investors.

• General Citizen (5-year FD at 6.95%, compounded quarterly):
  Final Value ≈ ₹5,00,000 × (1 + 0.017375)²⁰ ≈ ₹ 6,99,639
  (Interest earned: ~₹ 1,99,639)
• Senior Citizen (5-year FD at 7.30%, compounded quarterly):
  Final Value ≈ ₹5,00,000 × (1 + 0.01825)²⁰ ≈ ₹ 7,11,162
  (Interest earned: ~₹ 2,11,162)

These returns demonstrate the advantage of compounding, especially over longer tenures.

Bajaj Finance Branch in Kudur

For Bengaluru residents in areas like Kudur, the Bajaj Finance branch in Kudur offers personalized support for FD investments. Branch staff assist with:

• Understanding the latest FD rates
• Selecting the ideal tenure and payout option
• Completing documentation seamlessly

Alternatively, Bajaj Finserv also provides a fully digital FD booking process, allowing customers to open deposits online from the comfort of home

Flexible Tenures and Investment Options

Bajaj Finserv FDs come with flexible tenures ranging from 12 to 60 months, enabling investors to match deposits with their financial objectives:

• Short-term goals (12–14 months): Ideal for near-term liquidity needs.
• Medium-term goals (15–23 months): Balanced returns with moderate lock-in.
• Long-term goals (24–60 months): Best suited for wealth creation and retirement planning.

Benefits of Bajaj Finserv FDs

1. High Safety Ratings: Backed by CRISIL AAA/Stable and ICRA AAA/Stable ratings, ensuring maximum security.
2. Online Management: Open, renew, and manage FDs digitally without paperwork.
3. Auto-Renewal Option: Continue growing wealth seamlessly with auto-renewal.
4. Flexible Payouts: Choose cumulative (lump sum) or non-cumulative (monthly/quarterly/annual) interest payouts.

Tax Implications for Bengaluru Residents

Interest earned from FDs is taxable under Indian income tax laws.

• TDS applies if annual interest income exceeds ₹40,000 (₹50,000 for senior citizens).
• Bengaluru residents can submit Form 15G/15H (if eligible) to avoid TDS deduction.

For example: If interest income is ₹50,000 in a year, TDS of 10% (₹5,000) will apply unless exemption forms are submitted.

Conclusion

Bajaj Finserv FD schemes are a reliable choice for Bengaluru residents who seek stable returns and flexible tenure options. With rates of up to 6.95% for general citizens and 7.30% for senior citizens, these deposits balance security with attractive earnings.

Residents of Bengaluru and nearby areas like Kudur can either visit the Bajaj Finance branch in Kudur for in-person assistance or conveniently open an FD online in just a few clicks.

Disclaimer: Interest rates are subject to change at the discretion of Bajaj Finance Ltd. Investors are advised to review prevailing rates, tax rules, and personal financial goals before investing.