An FD (Fixed Deposit) receipt is a document issued by a bank or financial institution, proving an investor's fixed deposit. It details the principal amount, interest rate, maturity date, and tenure. This receipt is essential for claiming the deposit upon maturity or for premature withdrawal. It serves as an acknowledgment of the investment, outlining the terms and conditions. The FD receipt ensures the investor's funds are securely held and will yield a predetermined return over a specified period.
When you book a fixed deposit, you receive an acknowledgement from the financial institution, which is known as the fixed deposit receipt (FDR). It’s an important document, which acts as proof of investment.
What is Fixed Deposit Receipt(FDR)?
A Fixed Deposit Receipt (FDR) is a formal document provided by a bank or financial institution, confirming the creation of a fixed deposit account. It includes vital information such as the deposited amount, interest rate, maturity date, and tenure. The receipt also specifies the terms and conditions associated with the deposit. Serving as proof of investment, the FDR is necessary for claiming the deposit upon maturity or for premature withdrawal. This document assures the investor that their funds are securely invested and will earn a fixed return over the agreed period, offering a reliable savings option.
What are the components of a Fixed Deposit Receipt (FDR)?
The components of a Fixed Deposit Receipt (FDR) typically include:
- Depositor’s details: Name, address, and contact information of the account holder.
- Deposit amount: The principal amount invested in the fixed deposit.
- Interest rate: The annual interest rate applicable to the deposit.
- Tenure: The duration for which the deposit will be held, ranging from a few months to several years.
- Maturity date: The date on which the fixed deposit will mature and the investor can claim the principal along with the interest.
- Interest payment frequency: Details on how and when the interest will be paid, such as monthly, quarterly, or annually.
- Account number: The unique number assigned to the fixed deposit account.
- Nominee details: Information about the nominee, if any, who will receive the deposit in case of the depositor’s demise.
- Premature withdrawal terms: Conditions and penalties associated with withdrawing the deposit before maturity.
- Bank’s details: Name, branch, and contact information of the issuing bank or financial institution.
A fixed deposit receipt (FDR) is a document obtained when you invest your savings in a fixed deposit account with a financial institution. The FDR serves as a written confirmation of the deposit, its maturity date, and the interest rate applicable. This document has crucial details such as name, age, address, details, and more.
Your FD receipt consists of important details of your investment. Here is the list of FD receipt components that you can check.
- Check your fixed deposit details such as deposit amount, deposit period, and rate of interest.
- Check other details like FD number, maturity amount, maturity date and more.
- You can also find details of your nominee, joint accountholder if there’s any.
- Bank account details such as account number, IFSC and more.
- It also has information about premature withdrawals, which include applicable penalty.
- This document also has crucial contact information of the depositor.
When you invest in our fixed deposit, you get easy access to all your FD-related documents in My Account – Bajaj Finance customer portal
We have a dedicated section called ‘Document Centre’ on our customer portal where you can download your FD receipt from the comfort of your home.
Whether you’ve booked the FD with us online or by visiting our branch, you can easily download a receipt by visiting our customer portal.
How to download your Fixed Deposit Receipt?
To download your Fixed Deposit Receipt (FDR) from Bajaj Finserv, follow these steps:
- Login: Visit the Bajaj Finserv website or mobile app and log in using your credentials.
- Navigate to Fixed Deposits: Go to the ‘Fixed Deposits’ section under “Your relations” after clicking on “Account”
- Select the FD Account: Choose the specific fixed deposit account for which you need the receipt.
- Download Receipt: Look for an option to view or download the Fixed Deposit Receipt. Click on this option.
- Save the Receipt: The receipt will be generated in PDF format. You can save it to your device or print it for your records.
If you encounter any issues, Bajaj Finserv's customer support can assist you with downloading your FDR. Ensure your contact details are updated for seamless access to your investment information.
A step-by-step guide to downloading your fixed deposit receipt
- Click on the ‘Sign-in’ option below to visit our customer portal – My Account.
- Enter your registered mobile number and the OTP to sign-in.
- Verify your details by entering your date of birth and proceed.
- Select your fixed deposit from the ‘Document Centre’ section.
- Find all your FD-related documents here and click on ‘Fixed Deposit Receipt’ to download it.
You can also download other FD-related documents easily from the ‘Document Centre’ section. You’ll find documents such as interest certificate, Form 15G/ H, statement of account and more in one place.
Our customer portal – My Account offers fixed deposit services such as managing nominee details, renewing your FD, and applying for a loan against FD.
Click here to learn how to manage your Fixed Deposit in My Account.
