Bajaj Finance raises FD interest rates by up to 40 bps: Regular fixed depositors can get up to 7.75% rate; senior citizens can earn up to 8.15%

Bajaj Finance has raised interest rates on its fixed deposits (FD) by 15 to 40 basis points across all tenures ranging from 12 to 60 months. The revised rates take effect from October 7, 2026, and apply to both fresh deposits and renewals.

What is the highest FD interest rate Bajaj Finance is offering to regular depositors?

Regular depositors booking a fresh fixed deposit can now earn up to 7.75% interest on a cumulative basis for tenures of 31 to 60 months, up from 7.40% earlier. The interest rate for 12 to 17 months has increased from 6.60% to 6.80%, while the rate for 18 to 30 months has risen from 6.85% to 7.00% p.a. These revised rates apply to fixed deposits of Rs 15,000 to Rs 3 crore.

Period	Cumulative
	At Maturity
	(% p.a.)
12 - 17 months	6.8
18 - 30 months	7
31 - 60 months	7.75

What is the highest FD interest rate Bajaj Finance is offering to senior citizens?

Senior citizens can now earn an additional 0.40% per annum over the regular FD rates across all tenures, up from the earlier additional interest of 0.35%.

Fresh deposits by senior citizens can now earn up to 8.15% per annum on tenures of 31 to 60 months, up from 7.75% earlier. The interest rate for 12 to 17 months is now 7.20% per annum, while deposits for 18 to 30 months will earn 7.40% per annum.

Period	Cumulative
	At Maturity
	(% p.a.)
12 - 17 months	7.2
18 - 30 months	7.4
31 - 60 months	8.15

Bajaj Finance FD interest rates for renewal deposits

FD deposits that renew a maturing deposit will earn an additional 0.10% p.a. This increase will take the rate up to 7.85% p.a. for regular depositors and 8.25% p.a. for senior citizens.

Period	Cumulative
	At Maturity
	(% p.a.)
12 - 17 months	6.9
18 - 30 months	7.1
31 - 60 months	7.85

Sachin Sikka, senior executive vice president, deposits & wealth management, Bajaj Finance, said, "Fixed deposits continue to be an important part of a balanced savings portfolio, particularly for senior citizens looking for predictable returns. We have weighted our rate hike towards longer tenures, so depositors can lock in higher returns for up to five years on a AAA-rated deposit they can open online in minutes."