Interest Rates for a 2 Year FD

Discover competitive 2-year FD rates for secure investments. Maximise your savings with attractive interest rates. Explore options now.
Grow Your Savings with a high interest 2-Year FD
3 mins
02-April-2025

If you have a short-term financial goal to fulfil saving and setting aside the savings in a stable investment tool is a wise way of getting things done seamlessly. To accomplish this task, you should consider investing in tools that keep your capital safe and facilitate the growth of your money. Fixed-income instruments like the good old Fixed Deposit are sound investment tools that can help you in achieving these short-term goals. Bajaj Finance offers one of the highest FD rates amongst NBFCs that provide the FD facility. Fixed deposits offered by Bajaj Finance are smart investment options in the long run as well as for short-term investments.

Say an individual is planning to get married in 2 years which will require a substantial amount of money. Instead of just saving surplus in a savings or RD account they can go for an FD for 2 years. With decent 2 year FD interest rates, they can earn a substantial amount over and above the initial deposit amount. This will keep the corpus safe and help them grow their savings at the best FD rates for 2 years, i.e. a significantly higher rate than savings accounts.

If you are someone who’s also anticipating a milestone in life which might require a free flow of cash then planning to invest in a Bajaj Finance Fixed Deposit will help you achieve it effortlessly. Bajaj Finance offers one of the highest FD interest rates for 2 years.

Bajaj Finance FD offers fixed deposit interest rates up to 8.35% p.a. for non-senior citizens. Senior citizens can earn up to 8.60% p.a. as they get an additional rate benefit of up to 0.40% p.a. on their deposits. The interest rates applicable on deposits made up to Rs. 3 crore are given below.

Fixed Deposit

  1. Trusted by over 5 lakh customers
  2. Fixed Deposits worth more than Rs. 50,000 crore booked
  3. Rated CRISIL AAA/STABLE and [ICRA]AAA(STABLE)
  4. Special tenure of 18, 22, 33, 42 and 44 months offered for higher returns
  5. Up to 0.40% p.a. extra interest offered for senior citizens
  6. Flexible interest payout options available - Monthly, Quarterly, Half-yearly, Annually or at Maturity

By proceeding, you agree to our Terms and Conditions

FD Max rates for customers below the age of 60

Bajaj Finance FD Max annualised rate of interest for customers below the age of 60 is valid for deposit up to Rs. 25,000 (w.e.f 10 April, 2025)

*Experience higher interest rate of up to 8.35% p.a. on a 42-month Digital FD Max, available on website and app.

Bajaj Finance Digital FD Max

New Product Launch
Tenure in
months
At maturity (p.a.) Monthly (p.a.) Quarterly (p.a.) Half yearly (p.a.) Annual (p.a.)
42* 8.35% 8.05% 8.10% 8.18% 8.35%

Special Period (FD MAX)

Tenure in
months
At maturity (p.a.) Monthly (p.a.) Quarterly (p.a.) Half yearly (p.a.) Annual (p.a.)
18* 8.00% 7.72% 7.77% 7.85% 8.00%
22* 8.10% 7.81% 7.87% 7.94% 8.10%
33* 8.05% 7.77% 7.82% 7.89% 8.05%
44* 8.20% 7.91% 7.96% 8.04% 8.20%

Regular Period (FD MAX)

Tenure in
months
At maturity (p.a.) Monthly (p.a.) Quarterly (p.a.) Half yearly (p.a.) Annual (p.a.)
12 - 14 7.60% 7.35% 7.39% 7.46% 7.60%
15 - 23 7.70% 7.44% 7.49% 7.56% 7.70%
24 - 35 7.75% 7.49% 7.53% 7.61% 7.75%
36 - 60 8.05% 7.77% 7.82% 7.89% 8.05%

FD rates for customers below the age of 60

Fixed Deposit annualised rate of interest for customers below the age of 60 is valid for deposit Rs. 25,001 and up to Rs. 3 crore (w.e.f 10 April, 2025)

*Experience higher interest rate of up to 8.15% p.a. on a 42-month Digital FD, available exclusively on website and app.

Bajaj Finance Digital FD

Tenure in
months
At maturity (p.a.) Monthly (p.a.) Quarterly (p.a.) Half yearly (p.a.) Annual (p.a.)
42* 8.15% 7.86% 7.91% 7.99% 8.15%

Customers below the age of 60 – Special Period

Tenure in
months
At maturity (p.a.) Monthly (p.a.) Quarterly (p.a.) Half yearly (p.a.) Annual (p.a.)
18* 7.80% 7.53% 7.58% 7.65% 7.80%
22* 7.90% 7.63% 7.68% 7.75% 7.90%
33* 7.85% 7.58% 7.63% 7.70% 7.85%
44* 8.00% 7.72% 7.77% 7.85% 8.00%

Customers below the age of 60 – Regular Period

Tenure in
months
At maturity (p.a.) Monthly (p.a.) Quarterly (p.a.) Half yearly (p.a.) Annual (p.a.)
12 - 14 7.40% 7.16% 7.20% 7.27% 7.40%
15 - 23 7.50% 7.25% 7.30% 7.36% 7.50%
24 - 35 7.55% 7.30% 7.35% 7.41% 7.55%
36 - 60 7.85% 7.58% 7.63% 7.70% 7.85%

FD Max rates for customers above the age of 60

Bajaj Finance FD Max annualised rate of interest for senior citizens for deposit up to Rs. 25,000 (w.e.f 10 April, 2025)

*Experience higher interest rate of up to 8.60% p.a. on a 42-month Digital FD Max, available on website and app.

Bajaj Finance Digital FD Max

New Product Launch
Tenure in
months
At maturity (p.a.) Monthly (p.a.) Quarterly (p.a.) Half yearly (p.a.) Annual (p.a.)
42* 8.60% 8.28% 8.34% 8.42% 8.60%

Senior Citizen – Special Period (FD Max)

Tenure in
months
At maturity (p.a.) Monthly (p.a.) Quarterly (p.a.) Half yearly (p.a.) Annual (p.a.)
18* 8.25% 7.95% 8.01% 8.09% 8.25%
22* 8.35% 8.05% 8.10% 8.18% 8.35%
33* 8.30% 8.00% 8.05% 8.13% 8.30%
44* 8.45% 8.14% 8.20% 8.28% 8.45%

Senior Citizen – Regular Period (FD Max)

Tenure in
months
At maturity (p.a.) Monthly (p.a.) Quarterly (p.a.) Half yearly (p.a.) Annual (p.a.)
12 - 14 7.85% 7.58% 7.63% 7.70% 7.85%
15 - 23 7.95% 7.67% 7.72% 7.80% 7.95%
24 - 35 8.15% 7.86% 7.91% 7.99% 8.15%
36 - 60 8.30% 8.00% 8.05% 8.13% 8.30%

FD rates for customers above the age of 60

Fixed Deposit annualised rate of interest for senior citizen is valid for deposit Rs. 25,001 and up to Rs. 3 crore (w.e.f 10 April, 2025)

*Experience higher interest rate of up to 8.40% p.a. on a 42-month Digital FD, available exclusively on website and app.

Bajaj Finance Digital FD

Tenure in
months
At maturity (p.a.) Monthly (p.a.) Quarterly (p.a.) Half yearly (p.a.) Annual (p.a.)
42* 8.40% 8.09% 8.15% 8.23% 8.40%

Senior Citizen – Special Period

Tenure in
months
At maturity (p.a.) Monthly (p.a.) Quarterly (p.a.) Half yearly (p.a.) Annual (p.a.)
18* 8.05% 7.77% 7.82% 7.89% 8.05%
22* 8.15% 7.86% 7.91% 7.99% 8.15%
33* 8.10% 7.81% 7.87% 7.94% 8.10%
44* 8.25% 7.95% 8.01% 8.09% 8.25%

FD Interest Rate 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 7.65% 7.39% 7.44% 7.51% 7.65%
15 - 23 7.75% 7.49% 7.53% 7.61% 7.75%
24 - 35 7.95% 7.67% 7.72% 7.80% 7.95%
36 - 60 8.10% 7.81% 7.87% 7.94% 8.10%

As you can see from the tables given above that you can get one of the best FD rates for 2 years.

Consider an example where a citizen aged below 60 chooses to invest Rs. 10,00,000 in a 2 years FD with Bajaj Finance they will get Rs. 11,61,912 at maturity. Similarly, if a senior citizen invests in an FD for 2 years they can get a handsome amount of Rs. 11,70,543 at the end of the 2-year tenure.

Investors can also benefit from a suite of other benefits apart from the high FD interest rates. Here are a few more reasons to invest in a Bajaj Finance FD for a short tenure.You can calculate the estimated interest returns with the help of the Bajaj Finance FD Calculator.

Frequently asked questions

How much will I earn if I invest in a 2-year FD?

With high interest FDs by Bajaj Finance, your savings can grow significantly. An FD of Rs. 50,000 can grow up to Rs. 58,536 in just 2 years. Use our FD calculator to check your exact returns! Invest Now.

Disclaimer

As regards deposit taking activity of Bajaj Finance Ltd (BFL), the viewers may refer to the advertisement in the Indian Express (Mumbai Edition) and Loksatta (Pune Edition) furnished in the application form for soliciting public deposits or refer https://www.bajajfinserv.in/fixed-deposit-archives
The company is having a valid Certificate of Registration dated March 5, 1998 issued by the Reserve Bank of India under section 45 IA of the Reserve Bank of India Act, 1934. However, the RBI does not accept any responsibility or guarantee about the present position as to the financial soundness of the company or for the correctness of any of the statements or representations made or opinions expressed by the company and for repayment of deposits/discharge of the liabilities by the company.

For the FD calculator the actual returns may vary slightly if the Fixed Deposit tenure includes a leap year.