Track your Systematic Deposit Plan on our customer portal
Bajaj Finance Limited offers a unique monthly deposit scheme called the Systematic Deposit Plan (SDP). It is an investment tool that provides you the flexibility of depositing a fixed amount every month. Similar to our fixed deposit, it has the highest safety and credit ratings, which ensure that your invested amount is safe with us.
It is important to manage your SDP so that you can maximise the benefits you receive on your invested amount. We offer you a host of self-service that you can explore by visiting our customer portal – My Account, to help you manage your Systematic Deposit Plan.
Sign-in and use these features on the go:
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SDP details
Track the status of your Systematic Deposit Plan, its tenure, rate of interest for each deposit under SDP, and more.
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Statement of account
Download the statement of account and other SDP-related documents easily in just a few clicks.
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Change mandate
Manage your bank account details for a hassle-free auto-debit of your monthly investment amount.
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Update nominee details
Manage your nominee details online in a few simple steps.
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Get a loan against SDP
Use your SDP as collateral and apply for a loan easily through an online process.
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Stop your ongoing SDP
Raise a service request easily if you do not wish to continue with your SDP.
View your SDP details in your account
When you invest in our Systematic Deposit Plan, you can choose your tenure, the number of deposits that will be created, date of deposit through NACH mandate and the maturity scheme. Your SDP instalment gets deducted from your registered bank account as per the selected plan. However, every time an instalment is debited, a new deposit is created. The application number for the SDP will remain the same, while every new deposit will have a unique deposit number.
You can easily manage all your deposits by visiting our customer portal. You can check details such as, your application number, status of your deposit, your next instalment date, and more.
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Check details of your Systematic Deposit Plan
You can follow these simple steps to view your SDP details:
- Click on the ‘Sign-in’ button on this page to visit our customer portal.
- Enter your registered mobile number and date of birth, and submit the OTP to sign-in.
- Select your Systematic Deposit Plan from the ‘My Relations’ section.
- Find details such as amount invested till date, next instalment date, bank account details and more.
Alternatively, you can also click on the ‘Check your SDP details’ option below to sign-in to your account. Once signed-in, you can select your SDP from the ‘My Relations’ section and find its details. -
You can check your Systematic Deposit details by visiting our customer portal – My Account.
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Check your Systematic Deposit Plan
Sign-in to our customer portal in a few clicks and find your SDP details
View your statement of account
Your statement of account is a detailed summary of your Systematic Deposit Plan deposits. It consists of details such as invested amount, rate of interest per annum for each deposit under SDP, maturity amount, and more. You can download your statement of account and other SDP-related documents by visiting our customer portal.
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Check the statement of account for your SDP
You can download the statement of account for your SDP in just a few clicks.
- Go to our customer portal by clicking the ‘Sign-in’ button on this page.
- Sign-in with your registered mobile number, date of birth, and the OTP.
- Select your deposit from the ‘Document Center’ section.
- Click on 'Statement of Account’ to download it.
You can also click on the ‘Download your statement of account’ option below to visit your account. You will be asked to sign-in, select your deposit, and proceed to download your account statement.
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You can check your SDP details and download related documents by visiting My Account. Click on the respective link at the top of this page to know more.
How to update mandate for your SDP
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Manage your SDP mandate
When you start a Systematic Deposit Plan with us, you use a bank account from which you invest money. This registered bank account is used for all your future instalments.
In case your bank account details undergo any change, you can update your mandate so that you do not miss any SDP instalments. Please note if you change your bank account details after 22nd of the month, it will reflect in the subsequent month and will not be applicable for your next month instalment.
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Change the mandate for your Systematic Deposit Plan
- Go to our customer portal by clicking on the ‘Sign-in’ button on this page.
- Enter your registered mobile number, date of birth, and submit the OTP to sign-in.
- Select the SDP for which you want to change bank account details.
- Enter the details such as account holder’s name, new bank account and IFSC.
- Choose your registration mode and proceed.
Alternatively, you can click on the ‘Change your SDP mandate’ option below to sign-in to My Account. Once signed-in, you can select the SDP and enter new bank account details and proceed to change your mandate.
Manage your SDP nominee
Similar to fixed deposits, you have the option to add or update your SDP nominee details as well.
This facility ensures that your deposit amount is easily transferred to the nominee in the event of an untimely demise. In the absence of nominee details, your rightful heir(s) may be asked to produce a succession order to claim your SDP amount on maturity.
When you update nominee details for any of the deposits, the same nominee details will be used for all the deposits created under a single plan.
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Add or update your SDP nominee
- Click on the ‘Sign-in’ button on this page to go to My Account.
- Enter the registered mobile number and date of birth, and submit the OTP to sign-in.
- Select your SDP from the ‘My Relations’ section.
- Click on the ‘Add Nominee’ or ‘Edit Nominee’ option below your nominee details section.
- Enter the required details about your nominee.
- Verify your details with the OTP sent to your registered mobile number.
You can also click on the ‘Manage your SDP nominee details’ option below to visit our customer portal. You will be asked to sign-in. You can then select your SDP from the ‘My Relations’ section, click on ‘Add nominee/ Edit nominee’ option and proceed to update your nominee details.If your SDP has a joint account holder, both the account holders need to verify the OTP while updating nominee details.
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You can check your SDP details and related documents by visiting our customer portal – My Account.
Apply for a loan against SDP
In case you need funds, you can use your SDP as collateral and apply for a loan against it. You can apply for a loan against your SDP by visiting our customer portal – My Account. However, you can apply for a loan against SDP, once your deposit completes the three months lock-in period.
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A step-by-step guide to applying for a loan against SDP
- Go to our customer portal – My Account by clicking on the ‘Sign-in’ button on this page.
- Sign-in with your registered mobile number and date of birth and submit the OTP.
- Select your SDP from the ‘My Relations’ section.
- Click on the ‘Loan Against SDP’ option in the ‘Quick Actions’ section.
- Enter the required details and review your bank account details.
- Verify your details with the OTP sent to your registered mobile number and complete your application.
Alternatively, you can also click on the ‘Apply for a loan against SDP’ option below. You will be asked to sign-in to My Account. Once signed-in, select your SDP from ‘My Relations’, click on ‘Loan Against SDP’ from ‘Quick Actions’ and proceed. -
You can easily apply for a loan against your SDP by visiting our customer portal – My Account. Click on the respective link to know more.
Stop your ongoing SDP
If you do not want to continue with your Systematic Deposit Plan, you can stop it by visiting our customer portal – My Account. Once you raise a request to discontinue your SDP, your future instalments will not be debited from your bank account.
However, any request raised to stop your SDP on or after the 20th of the month will be applicable from the subsequent month. For example: If you have stopped your SDP on 21st January, it will come into effect with your March instalment.
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Raise a request to stop your SDP
- Click on the ‘Sign-in’ button on this page to visit our customer portal – My Account.
- Enter the registered mobile number and date of birth and submit the OTP to sign-in.
- Select your SDP from the ‘My Relations’ section.
- Click on the ‘Stop SDP’ option from the ‘Quick Actions’ section.
- Verify your details with the OTP sent to your registered mobile number and proceed to submit your request.
You can also visit My Account by clicking on the ‘Stop your SDP’ option below. Once you are signed-in, select your SDP from the ‘My Relations’ section. You can then click on ‘Stop SDP’ from the ‘Quick Actions’ section and proceed.Please note if your SDP has a joint account holder, both the account holders need to verify the OTP when you raise a request to stop SDP.
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You can also apply for a loan against your Systematic Deposit Plan by visiting our customer portal – My Account. Click on the respective link to know more.
Frequently asked questions
You can download your deposit receipt by following these simple steps:
- Click on the ‘Download your SDP receipt’ option below to visit our customer portal – My Account.
- Enter your registered mobile number and date of birth and submit the OTP to sign-in.
- Select the SDP for which you want to download the receipt.
- Click on ‘SDP Receipt’ to download it.
You can withdraw your Systematic Deposit Plan (SDP) before its maturity. However, you need to visit any of our branches to initiate your request. Please note that you can raise a withdrawal request only after the three months lock-in period of your deposit. For example, deposit created in January can be withdrawn in April while the deposit created in February can be withdrawn in the month of June.
However, if you do not wish to continue with your SDP, you can stop it in a few clicks by visiting My Account.
You can view and download a copy of your TDS certificate by following these simple steps:
- Click on ‘Download your TDS certificate’ option below to go to our customer portal – My Account.
- Enter your registered mobile number and date of birth and submit the OTP to sign-in.
- Go to the ‘Document Center’ section and select your SDP.
- Click on ‘TDS Certificate’ to download it.
If you failed to pay your SDP instalment on its due date, you won’t be able to pay your missed instalment. However, you can continue with your remaining instalments of deposits. Meanwhile, ensure that your bank account details are updated so that you do not miss any more instalments. If your bank account undergoes any changes, you can easily change your SDP mandate by visiting My Account.
When you update nominee details for any of the deposits, it gets updated for all the deposits created under that specific plan. When you choose our Systematic Deposit Plan, a new deposit is created every time an instalment is debited from your bank account. However, your application number for all these deposits remains the same. Therefore, you can update nominee details for any of the deposits, and the same nominee details will be used for all the deposits created under a single plan.
Update your SDP nominee details
