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FD for Students

Fixed deposits have long been considered an ideal instrument across different age groups and for both existing as well as new investors. With FDs, the security available to investors is high and returns are guaranteed. This is what makes fixed deposits especially popular across all classes of people.


You can start a fixed deposit very early in life. Many people wait till they are working professionals before they start investing in FDs. These days, it is also possible to start a fixed deposit for students. FD for students or FD for children can go a long way in helping fund their higher education.


fd for students

Why Invest in FD for Students?

A fixed deposit is ideal for when you want to save your money or build a corpus for meeting your financial needs. A fixed deposit for students is helpful because, the corpus accumulated can help meet their milestones later in life.


Read on to learn about why an FD for children should be started at the earliest.

  • Higher interest rate:

While choosing a fixed deposit, one of the primary requirements that investors have is regarding high interest rates. Make sure to check the best interest rates available in the market before you start a fixed deposit for students. With Bajaj Finance FD, you can opt for the highest interest rates in FD for students, ranging from 7.11% to 8.60%.

  • Flexible tenor:

A flexible tenor is available when you opt to open a fixed deposit for students. Depending on the goals you wish to achieve through the corpus accumulated by the FD, you can choose a tenor that best meets your requirement. For instance, you can start a long term fixed deposit for students in order to meet higher education goals right from the time they are in school.

  • Online investments:

Technology has made a lot of processes simpler, and it is no different in the case of opening an FD for children. Today, it is possible to open a FD online from the ease and convenience of your home. The Bajaj Finance FD makes the process even simpler by reducing the amount of paperwork required and the documents you need to share. 

  • Low minimum deposit amount:

A low minimum deposit amount makes this ideal investment instrument accessible to a lot more people. You can open an FD for children by investing a small amount and watch it grow as time passes.

  • Loans against fixed deposit:

Fixed deposits are also considered an excellent investment instrument owing to investors being able to avail loans against the deposit. This can be especially helpful for young students who are unable to gather the funds required to pursue any educational milestones.


Owing to reasons such as this, it is best to start an FD for your children at a young age so they can reap the benefits. The maturity amount calculations can get kind of difficult as it involves multiple variables. An FD calculator can do the job for you and calculate FD rates with just the click of a button.

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Minimum Amount Required to Invest in FD for Students

It is essential to assess the minimal amount you are required to invest before starting a fixed deposit. While the returns on an FD are guaranteed, they can differ based on the interest rates and the tenor of the deposit.


Since a fixed deposit for students can determine the financial capital they have later on in life, it is important to take these decisions after significant deliberation. Make sure to check these details with the bank or NBFC before you start a FD for students with the concerned institution.


Bajaj Finance FD is considered one of the best options for starting a FD for children as it allows depositors to start a fixed deposit with as little as ₹15,000.


Read on below to learn the different interest and maturity amount payable if you invest Rs. 25,000 on an FD for students.



Annual Interest on Rs. 25,000

Maturity Amount for Rs. 25,000

12-14 months

7.16% - 7.40%

Rs. 1,850

Rs. 26,850

15-23 months

7.25% - 7.50%

Rs. 1,875

Rs. 27,531

24 months

7.30% - 7.55%

Rs. 1,888

Rs. 28,918

25-35 months

7.11% - 7.35%

Rs. 1,838


36-60 months

7.77% - 8.05%

Rs. 2,013

Rs. 31,537-36,818

How to Open an FD Account Online

With fixed deposits growing in popularity, many banks and NBFCs have made the process of starting a FD for students easier as well. Bajaj Finance FD has simplified the process to open an FD account extremely simple by moving the process online.


If you want to start a fixed deposit for students, look no further than Bajaj Finance FD. Read on below to learn how you can start a fixed deposit today.

  1. Fill in your personal details as well as the beneficiary details on the form availed through the website. Also choose the amount you will be depositing for the FD, the tenor you wish to invest for and the plan type.

  2. Upload the documents required, which include a proof of your identity and residence. It is best to keep these documents ready before you start the process to open an FD account.

  3. Once these details have been submitted, deposit the principal amount to start your fixed deposit for students.


Now that you know how easy it is to open a FD for students, don’t wait too long before opting for the Bajaj Finance FD.

Features and Benefits of a Bajaj Finance Fixed Deposit

The reasons that Bajaj Finance FD has become such a popular tool with investors are many. While the benefits of fixed deposits are commonly acknowledged, Bajaj Finance FD enhances them significantly. Read on below to learn the features of fixed deposit, which make them an attractive tool of investment for all ages.

  1. The flexible tenor offered by the Bajaj Finance FD ensures that there is a perfect type of FD for every kind of investor.

  2. You can choose for yourself how frequently you want to receive payouts from your fixed deposit.

  3. Bajaj Finance FD allows depositors to opt for auto-renewal of their fixed deposits, which ensures that you can keep your funds secure for a longer period of time.


Through benefits such as the ones mentioned above, opening an FD for students has become much simpler and extremely beneficial. Regardless of how old you are now, the Bajaj Finance FD will help pave your way and enable you to have funds to meet all your needs.


The information provided by BFDL herein above is related to the Non-Partnered Banks/ NBFCs and is just for the purpose of information and under no circumstances the information provided hereinabove is intended to be source of advice or recommending any financial investment advice or endorsement of any sort. 

The information including interest rates with regard to fixed deposit, provided on this website is gathered through publicly available sources over the internet and is considered as accurate and reliable to the best of our knowledge. BFDL disclaims any responsibility or liability regarding inaccuracies, omissions, mistakes etc. as well as offers by the Non-Partnered Banks. The use of information set out is entirely at the User’s own risk and User should exercise due care prior taking of any decision, on the basis of information mentioned hereinabove. You are advised to visit/ contact the respective Banks/ NBFCs to verify the information before making any investment or opening an account. Further, BFDL does not undertake any responsibility or liability to update this information. YOU ARE SOLELY RESPONSIBLE FOR ANY LIABILITY OR DAMAGE YOU INCUR THROUGH ACCESS TO OR USE OF THE SITE OR SUCH INFORMATION OR MATERIALS EXCEPT WHERE THE LAWS AND REGULATIONS OF A PARTICULAR JURISDICTION CONCERNING WARRANTIES CANNOT BE WAIVED. Additionally, display of any trademarks, tradenames, logo and other subject matters of intellectual property owners. Display of such Intellectual Property along with the related product information does not imply BFDL’s partnership with the owner of the Intellectual Property of such products. 

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