Raksha Bandhan is a time-honoured celebration of the bond between brothers and sisters. The festival signifies not just affection but a promise of support and protection. In today’s financially aware world, these gestures are increasingly taking the form of thoughtful, future-oriented gifts. One such option gaining popularity is the gift of a Fixed Deposit (FD)—a stable, secure financial tool that grows over time.
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08 Aug 2025
This Rakhi, instead of opting for conventional gifts, consider investing in an online FD with a leading institution such as Bajaj Finance. With an attractive FD interest rate of up to 7.30% p.a., and flexible features, it offers a meaningful way to contribute to your sibling’s long-term financial goals.
Why consider a fixed deposit as a Rakhi gift
A Fixed Deposit is more than just a monetary contribution—it is an expression of foresight and care. Whether your sibling is a student, working professional, or planning major life milestones, a fixed deposit can act as a financial cushion or stepping stone for future plans.
Unlike market-linked instruments, FDs are not affected by volatility and offer assured returns, making them ideal for conservative or first-time investors. A gift like this can also encourage your sibling to take the first step towards disciplined saving and investment.
Bajaj Finance FD interest rate
Bajaj Finance offers a highly competitive FD interest rate, making it a suitable choice for those looking to invest in a fixed deposit online. Here is a look at the latest FD rates for different tenures:
For non-senior citizens:
| Tenure (in months) | At maturity (p.a.) | Monthly (p.a.) | Quarterly (p.a.) | Half yearly (p.a.) | Annual (p.a.) |
| 12 – 14 | 6.60% | 6.41% | 6.44% | 6.49% | 6.60% |
| 15 – 23 | 6.75% | 6.55% | 6.59% | 6.64% | 6.75% |
| 24 – 60 | 6.95% | 6.74% | 6.78% | 6.83% | 6.95% |
For senior citizens:
| Tenure (in months) | At maturity (p.a.) | Monthly (p.a.) | Quarterly (p.a.) | Half yearly (p.a.) | Annual (p.a.) |
| 12 – 14 | 6.95% | 6.74% | 6.78% | 6.83% | 6.95% |
| 15 – 23 | 7.10% | 6.88% | 6.92% | 6.98% | 7.10% |
| 24 – 60 | 7.30% | 7.07% | 7.11% | 7.17% | 7.30% |
These interest rates are available for deposits starting from Rs. 15,000, booked via the the Bajaj Finserv website or the App.
Benefits of gifting a fixed deposit
Here is why a Bajaj Finance FD stands out as a thoughtful gift for Raksha Bandhan:
- Assured returns: Earn up to 7.30% p.a. depending on tenure and age of the depositor.
- Flexible tenure: Choose from 12 to 60 months, depending on your sibling’s financial goals.
- Multiple payout options: Interest can be paid monthly, quarterly, half-yearly, annually, or at maturity.
- Simple online process: From application to KYC and payment, everything can be done online in just a few steps.
- High safety ratings: Bajaj Finance FDs hold [ICRA]AAA(Stable) and CRISIL AAA/STABLE ratings—reflecting the highest level of capital safety.
Festive gifting with lasting value
Rakhi and Ganesh Chaturthi, both celebrated in close succession, symbolise prosperity, beginnings, and lifelong bonds. These festivals offer the perfect context for meaningful financial gestures. While sweets and tokens of affection add charm to the celebrations, a fixed deposit provides lasting value.
Gifting an FD during this auspicious period is not only a practical decision but also a culturally resonant one. It reflects a commitment to your sibling’s financial well-being and aligns with the traditional spirit of blessing and support.
How to invest in an online FD for your sibling
The process of investing in an online FD for your sibling is simple and requires minimal documentation:
- Visit the Bajaj Finserv website and click on ‘Open FD’.
- Enter your sibling’s mobile number and complete OTP verification.
- Fill in investment amount, tenure, and interest payout preference.
- Submit PAN and date of birth.
- Complete KYC digitally via Aadhaar, DigiLocker, or CKYC.
- Make the payment using UPI, NetBanking, or NEFT/RTGS.
Once the FD is processed, your sibling will receive a Fixed Deposit Acknowledgement (FDA) and e-FD receipt within three working days.
Who can invest and what is required
To invest in a Bajaj Finance FD:
- Eligibility: Resident Indian individuals (including senior citizens), non-individuals, NRIs (via NRI FD route)
- Documents needed:
- PAN card
- One valid KYC document (Aadhaar, Passport, Voter ID, Driving Licence)
Support is also available via email at wecare@bajajfinserv.in for queries or assistance.
An ideal way to support financial independence
Today’s young investors are looking for safe and simple ways to begin their financial journey. By gifting an FD, you are encouraging your sibling to understand the importance of planning, saving, and investing.
Even a modest FD of Rs. 25,000, when started early, can evolve into the beginning of a sound financial habit. Over time, this can lead to stronger financial literacy and independence.
Celebrate Rakhi with tradition and purpose
As you prepare to celebrate Raksha Bandhan, consider making your gift memorable and impactful. A Fixed Deposit is a perfect combination of affection, financial planning, and long-term support. Paired with the auspicious arrival of Ganesh Chaturthi, it represents not just love, but also the blessings of growth and prosperity.
This festive season, go beyond conventional gifts and choose a Bajaj Finance FD—a gesture that secures your sibling’s future and honours your bond with lasting value.
