You can book an FD online by following the steps below:
1. Click on ‘View all FDs’ from the homepage.
2. Choose the NBFC/Bank as per the tenure you want.
3. Click on ‘Start FD’
4. Enter the amount and deposit options (cumulative/non-cumulative)
5. Senior Citizens can choose to select the box to avail the extra interest on FD
6. Select the bank. This bank will be recorded as the default bank and the payout will be released into the same.
7. If you are not CKYC compliant then you will be taken through the steps to complete CKYC while opting for FD.
After booking the FD, you will be able to track the same on the portfolio page.
Maturity and Withdrawal:
At maturity, the amount will be processed into your account within 2-3 business days. If you wish to withdraw before maturity, please follow these instructions:
Bajaj Finance FD:
Premature withdrawal is permitted provided the Fixed Deposit has completed more than 3 months from the date of issuance.
Premature withdrawal is possible subject to RBI regulations. Some of the conditions are:
(a) Up to 3 months from date of Deposit:
Withdrawal of the Deposit is not permitted except in case of death of the depositor.
(b) After 3 months but before 6 months from the date of the Deposit:
Withdrawal of the Deposit will be permitted; however, interest shall not be payable.
(c) After 6 months but before the date of maturity of the Deposit:
Withdrawal of the Deposit will be permitted. Interest shall be payable at a rate that is 2% lower than the rate specified at the time of opening the deposit.
For initiating a premature withdrawal request, you can raise a query on wecare@bajajfinserv.in
Required Documents:
1. Written Request Letter mentioning FD number with depositor(s) signature
2. Scanned hard copy of FDR
(a) Kindly get the seal and signature of Bajaj official on 1st page of FDR on revenue stamp
(b) Kindly affix revenue stamp on back side of FDR with cross sign of depositor
3. Copy of PAN
Shriram Finance FD:
Premature withdrawal is permitted provided the Fixed Deposit has completed more than 3 months from the date of issuance.
Premature withdrawal is possible subject to RBI regulations. Some of the conditions are -
(a) Up to 3 months from date of Deposit:
Withdrawal of the Deposit is not permitted except in case of death of the depositor.
(b) After 3 months but before 6 months from the date of the Deposit:
Withdrawal of the Deposit will be permitted; however, interest shall not be payable.
(c) After 6 months but before the date of maturity of the Deposit:
Withdrawal of the Deposit will be permitted. Interest payable shall be 2% lower than the rate applicable to a FD for the period for which the FD has run or if no rate has been specified for that period, then 3% lower than the minimum rate at which FDs are accepted by the Company.
For initiating a premature withdrawal request, you can raise a query on corpquery@shriramfinance.in
Required Documents:
1. Original Deposit Receipt duly discharged on Re 1/- Revenue Stamp
2. Request Letter
3. Cancelled Cheque