Rakshabandhan special: Fixed Deposits are most thoughtful gifts for sisters

A Fixed Deposit can serve as a thoughtful and practical gift—one that not only reflects your goodwill but also contributes to long-term financial stability. With Bajaj Finance FD rates offering attractive returns, now is an opportune moment to consider fixed deposits as a Rakshabandhan gift that combines sentiment with sound financial planning.

New Delhi: Rakshabandhan is a celebration rooted in tradition, symbolising the enduring bond between siblings. It is a time for heartfelt exchanges, blessings, and tokens of appreciation. While conventional gifts have long marked this occasion, today’s changing financial outlook presents an opportunity to offer something more meaningful—an investment in your sister’s future.

A Fixed Deposit can serve as a thoughtful and practical gift—one that not only reflects your goodwill but also contributes to long-term financial stability. With Bajaj Finance FD rates offering attractive returns, now is an opportune moment to consider fixed deposits as a Rakshabandhan gift that combines sentiment with sound financial planning.

---

Why fixed deposits are suitable gifts for sisters

The modern Rakshabandhan gift is no longer limited to physical items. Whether your sister is a student, a working professional, or a homemaker, a Fixed Deposit can support her individual goals—be it further studies, setting up a contingency fund, or building savings for personal aspirations.

Gifting an FD signifies more than financial assistance; it symbolises trust, foresight, and encouragement to take control of one’s financial well-being.

Ganesh Chaturthi and new financial beginnings

With Ganesh Chaturthi following closely after Rakshabandhan, the festive period is associated with prosperity and new ventures. Lord Ganesha is revered as the remover of obstacles and the harbinger of success—qualities that also resonate with wise financial decisions.

Investing in a Bajaj Finance Fixed Deposit during this auspicious period aligns well with the spirit of new beginnings. It adds deeper purpose to your gift, helping your sister build a secure and fruitful financial foundation.

Bajaj Finance FD rates for non-senior citizens

If you are planning to invest in a Fixed Deposit for your sister, the fixed deposit interest rates offered by Bajaj Finance are worth considering. The current FD rates are structured as follows:

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%

FD rates for senior citizen sisters

For elder sisters aged 60 and above, higher interest rates are applicable, offering enhanced returns:

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 rates apply to deposits made via online platforms for amounts starting at Rs. 15,000.

Benefits of gifting a Bajaj Finance FD this festive season

Choosing a Bajaj Finance Fixed Deposit offers several advantages that make it an ideal gift during Rakshabandhan and Ganesh Chaturthi:

• Attractive returns: Earn up to 7.30% p.a., depending on the tenure and payout frequency selected.
• Flexible tenures: Invest for 12 to 60 months, based on your sister’s short-term or long-term plans.
• Customisable payout options: Choose between monthly, quarterly, half-yearly, annual, or maturity-based payouts.
• Safety of capital: Rated [ICRA]AAA(Stable) and CRISIL AAA/STABLE, Bajaj Finance FDs are considered among the safest fixed-income products.
• Encouragement of financial independence: The gift of an FD helps initiate a savings habit and promotes long-term planning.

How to open a Bajaj Finance FD in your sister’s name

The process of investing in a Fixed Deposit for your sister is convenient and entirely digital:

1. Visit the Bajaj Finserv website or app and click on ‘Open FD’.
2. Enter her mobile number and verify via OTP.
3. Fill in the deposit amount, tenure, and preferred interest payout schedule.
4. Submit her PAN and date of birth.
5. Complete the KYC process using Aadhaar, CKYC, or DigiLocker.
6. Make the payment via UPI, NetBanking, NEFT, or RTGS.

She will receive the Fixed Deposit Acknowledgement (FDA) and electronic FD receipt within three working days.

Eligibility and documentation required

To invest in a Bajaj Finance FD, ensure the following:

• Eligible individuals: Resident Indian citizens (including senior citizens)
• Documents required:
  • PAN card
  • One KYC document such as Aadhaar, Passport, Voter ID, or Driving Licence

For NRIs, PIOs, or OCIs, assistance is available via email at wecare@bajajfinserv.in.

A symbolic and practical gift

A Fixed Deposit is a distinctive way to show your commitment to your sister’s long-term well-being. Whether she uses the funds at maturity for higher education, a new venture, or even as part of her emergency savings, it gives her both flexibility and financial assurance.

As Ganesh Chaturthi marks a time of prosperity and auspicious beginnings, gifting a Fixed Deposit can be a thoughtful way to support your sister’s financial journey with stability and long-term growth.

Celebrate with purpose and foresight

As Rakshabandhan brings families together and Ganesh Chaturthi inspires new beginnings, a Fixed Deposit strikes a perfect balance between emotional significance and practical value. It is a gift that speaks not only of affection but also of respect for your sister’s dreams and ambitions.

This festive season, consider marking the occasion with a Bajaj Finance Fixed Deposit—an investment that echoes your promise of lifelong support and prepares your sister for a more financially empowered future.