Invest Your idle funds in Fixed Deposit

We offer cumulative & non-cumulative interest payment options.

• In a 'Non-cumulative' Fixed Deposit, the interest is payable on a monthly, quarterly, half-yearly and yearly basis. This will be convenient if you require periodic interest payment.
• In a 'Cumulative' Fixed Deposit, the interest is payable at the time of maturity along with the principal and is compounded annually. It is suitable for an individual who does not require periodic interest payment. The interest will be compounded annually, and the final payout will be subject to deduction of tax, wherever applicable.

Yes, senior citizens (i.e. persons more than 60 years of age, subject to provision of proof of age): Additional interest rate benefit of upto 0.25% p.a. will be provided on deposit amount up to Rs. 5 (five) crore.

No. Since you have locked in your money with us at a specific rate, you will continue to receive that rate till maturity. If you wish to avail the new rate, we suggest you invest in a new deposit with us.

As a part of your investment with BFL, you enjoy the following perks & benefits: - The minimum deposit limit is ₹ 15,000 only - The safest investment for your money as BFL is rated FAAA/Stable by CRISIL and MAAA/Stable by ICRA, indicating highest degree of safety - Attractive rates of interest - Convenience to choose any tenure from 12 to 60 months to suit your needs - Branch presence over 1500+ locations in India - Hassle-free payment options through electronic or physical modes - Special interest rates for senior citizens

NetBanking, UPI, Cheque or RTGS/NEFT

To view Fixed Deposit details, please visit My Profile > DashBoard > Fixed Deposit tile. You will find complete details of your Fixed Deposit.

There are no charges levied to open your Fixed Deposit account.

In Non-Cumulative Scheme- Interest will be paid to a customer based on interest-payment frequency Monthly option - Last date of each month. The first interest will be paid on the last day of the subsequent month in which the FD is procured. E.g. If the customer has initiated the FD on 25th March and has requested for a monthly interest, the same will be paid on the- -

• Subsequent month end that is 30th April, 31st May and so on.
• Quarterly Option - June 30, September 30, December 31 and March 31
• Half Yearly Option - September 30 and March 31
• Annual Option - March 31

Cumulative scheme - The interest will be compounded annually, and the maturity amount will be subject to deduction of tax, wherever applicable. Interest will be paid on maturity"

In such case, please share your updated KYC documents and NRO bank account details. The deposit can remain with us till maturity. On the date of maturity, the maturity proceeds will be credited to your NRO account only. You will require to place a fresh FD request instead of renewal through FD Application Form for NRIs.

The maturity amount gets transferred, on the maturity date, to the bank account linked with your Fixed Deposit. This transfer takes place only through National Electronic Fund Transfer (NEFT) or Real Time Gross Settlement (RTGS) modes. However, if the payment with respect to your payout bounces, you shall be informed through a phone call & email and requested to your change Bank Account Details.

Individuals (including Beneficial Owner / Authorized Signatory/ Power of Attorney Holder) need to provide the following -

1. One recent Photograph
2. PAN or Form 60, if PAN is not allotted
3. Certified Copy of one of the Officially Valid Documents (OVDs) listed below:
   • Valid Passport
   • Voter’s ID Card issued by Election Commission of India Valid Driving License
   • Proof of possession of Aadhaar Number (i.e. Aadhaar letter downloaded from UIDAI website, Aadhaar card) *
   • Job Card issued by NREGA duly signed by an officer of the State Government
   • Letter issued by the National Population Register containing details of Name, Address of the customer

* First 8 digits of the Aadhaar No. (on copy of Aadhaar Letter/Aadhaar Card obtained), must be redacted or blackened and it should not be legible. In case OVD does not have Current Address of the client, Deemed OVDs are as under -

• i. Utility bill (Electricity, Telephone, Post-paid mobile phone, Piped Gas, Water Bill) which not more than two months old
• ii. Property or Municipal tax receipt
• iii. Pension or Family Pension Payment Orders
• iv. Letter of Allotment of Accommodation by eligible employer(s)