How’s Bajaj Finance fixed deposit better as compares to other NBFCs & banks?

For Indian investors looking for stability and predictability, fixed deposits continue to be a popular choice. Whether the goal is capital preservation, regular income, or simply diversifying a savings portfolio, FDs offer a secure investment route. Among the many options available today, Bajaj Finance Fixed Deposit stands out — often being preferred over traditional banks and other non-banking financial companies (NBFCs). 

So, what makes Bajaj Finance FDs so compelling? Is it only the higher interest rates, or are there additional advantages that set them apart? This article compares Bajaj Finance Fixed Deposits with those offered by banks and other NBFCs across key parameters like interest rates, safety, flexibility, and digital ease. 

Fixed Deposits: A Foundation for Financial Planning

A fixed deposit is a term-based investment where you lock in a lump sum for a specified period at a fixed interest rate. This simple product has long been a go-to for conservative investors and retirees seeking safety and assured returns.

Bajaj Finance enhances this traditional product by offering higher rates, flexible features, and a seamless service experience. When compared to banks and NBFCs, the advantages become even more apparent. 

Why Choose Bajaj Finance Fixed Deposits

Bajaj Finance brings together multiple features that elevate the overall FD experience for investors.

1. Top-Tier Safety Ratings

For any FD investor, capital safety is non-negotiable. Bajaj Finance holds the highest stability ratings from leading credit rating agencies:

●        CRISIL: AAA/Stable

●        ICRA: AAA(Stable)

These ratings signal a very high level of safety, ensuring timely interest payouts and principal repayment. While most banks are considered safe, not every NBFC matches this credibility. 

2. Flexible Tenure and Payout Options

Investors can choose a tenure ranging from 12 to 60 months and select between cumulative and non-cumulative payout options. Bajaj Finance offers flexibility in choosing how often you receive interest—monthly, quarterly, half-yearly, annually, or at maturity.

This level of customisation isn’t always available with other NBFCs or smaller banks.

3. Better Returns for Senior Citizens

Senior citizens earn an extra 0.40% p.a. on Bajaj Finance FDs, helping retirees maximise their income. While many banks offer similar perks, the higher base rates of Bajaj Finance Senior Citizen FD make this benefit even more lucrative. 

4. End-to-End Digital Experience

Bajaj Finance enables a fully online FD booking journey. With Aadhaar-based e-KYC and instant confirmations, investors can complete the entire process in minutes — no branch visits, no paperwork. 

In contrast, several banks and NBFCs still rely on manual forms or offline steps, making Bajaj’s platform a smoother choice for digital-first investors. 

5. Loan Against FD Facility

Need funds in a pinch? Bajaj Finance allows investors to borrow against their FD — without having to break it. This ensures liquidity when you need it, while your deposit continues earning interest. 

Comparison: Bajaj Finance vs. Others

Across key touchpoints, Bajaj Finance delivers a modern and investor-friendly FD solution. 

Who Should Consider Bajaj Finance FDs?

This product is ideal for:

1. Retirees needing regular income through non-cumulative options

2. Salaried professionals seeking higher returns than banks

3. Conservative investors prioritising safety and assured returns

4. Digital-first users looking for a 100% online experience

5. Parents or planners saving for children’s education or milestones 

Smart Tips to Maximise Your FD Returns

1. Opt for longer tenures to unlock better rates

2. Choose cumulative FDs if you don’t need monthly income — compounding adds up

3. Enable auto-renewal to avoid idle funds post maturity

4. Create multiple FDs to balance liquidity with long-term growth

5. Stay updated on Bajaj FD rates and reinvest when rates rise 

Conclusion

Bajaj Finance Fixed Deposits have earned the trust of Indian investors by consistently delivering higher returns, strong safety, and modern convenience. Compared to FDs from banks or other NBFCs, Bajaj Finance offers a better-rounded product — blending security with superior returns and digital ease.

Whether you're saving for retirement, a financial cushion, or simply seeking stable growth, Bajaj Finance FDs offer a reliable investment option that works smarter for you. Explore your options, align them with your financial goals, and take a confident step toward growing your wealth.