Earn interest up to 8.10% p.a. by investing in a Bajaj Finance Fixed Deposit | Rated CRISIL AAA/ STABLE and [ICRA]AAA(stable)

A fixed deposit is an ideal investment instrument for many, especially if you want to invest in a low-risk instrument and earn stable returns. Furthermore, in the last few years, the process of booking an FD has gotten simpler. 


You can simply visit the issuer’s website and follow the steps mentioned or visit their branch to get started. Like other investments, fixed deposits also come with an acknowledgement document. 


This is known as fixed deposit receipt and is issued once you have booked your FD. Given that it is your proof of investment, it is an important document you should know about. Read on to learn more about a fixed deposit receipt, its components, importance, and more. 


The FD issuer will automatically issue a fixed deposit receipt once you complete the investment process. This document is an acknowledgement and ownership proof of the investment. It contains important details about you and your investment with the issuer. As a result, it is important that you keep your fixed deposit receipt safe and secure. 


However, in case you have lost the receipt, you can contact the issuers and know the process to avail a duplicate fixed deposit receipt. Generally, you have to submit a written request to the issuer and other documents, if requested. In some cases, you may be charged a certain amount, however this depends on the issuer.

Components of a Fixed Deposit Receipt

Knowing what is included in the receipt can help you better understand this document. Here is a standard fixed deposit receipt format regarding the information it contains:

Investor Details

This section of the FD receipt will contain your details such as name, age, account number. Make sure that these details are accurate to avoid issues in the future.

Investment Details

Here you will find information regarding the fixed deposit you book. It will contain the investment amount, tenor, and interest rate. It is crucial that these details are accurate.

Investment Type

You can either opt for periodic interest pay-out or receive earnings at maturity. Depending on what you choose, your investment will either be non-cumulative or cumulative. This will be mentioned in the fixed deposit receipt.

Maturity Details

This will contain information pertaining to the day your tenor will end and the amount you will receive when the tenor ends. Make sure that this information is accurate as per the terms of investment. 

Auto-renewal or Closure 

When your fixed deposit matures, you can either renew it or withdraw. You can choose what to do at the time of investment and it will be mentioned in the fixed deposit receipt.

Nomination Details

Here you will find the information regarding the nominee you have selected. In your absence, the nominee will receive the maturity amount. As a result, you should ensure that this information is accurate.

What is the Importance and Use of a Fixed Deposit Receipt?

Apart from being an acknowledgement of your investment and proof of ownership, there are many features of a fixed deposit receipt that add to its importance. In case you want to make a premature withdrawal on your FD, you will have to furnish the proof of ownership, which can be done with the receipt. 


Similarly, if you want to avail a loan against your FD, the issuer will ask for the receipt to keep as lien until the time you repay the loan. The receipt will be re-issued to you with updated details after you repay the loan amount completely. 


Apart from the above, the fixed deposit receipt is an important document you will have to submit at the renewal of your investment. The issuer will ask you to surrender the current receipt and issue a new one once you complete the renewal process.

What to Check in a Fixed Deposit Receipt?

Ensuring that your fixed deposit receipt contains accurate information is crucial. It can help you avoid any hurdles that may arise from mismatches or inaccuracy in investor and investment information. Here’s the information you should check in your term deposit receipt. 

  • Investment details

Check the investment amount, tenor, and interest rate of your fixed deposit. This information is important and ensures that there are no errors when receiving payouts. 

  • Maturity details

You need to ensure that the maturity tenor and amount is as per the terms of your FD. This way you can plan your goals accordingly and ensure that you can access the funds without a premature withdrawal.

  • Auto-renewal or closure

Whether you want to re-invest your maturity amount and get it transferred to your bank account can be decided at the time of investing. If you have opted for either auto-renewal or closure, it will be mentioned on the receipt. Ensuring accuracy in this can help you avoid hassles at the end of your investment tenor.

  • Nominee details

A nominee is the person you choose as the recipient of the maturity proceeds in case of your demise. Your nominee’s details will be mentioned on the FD receipt and making sure this is accurate is key. Accurate information can ensure that the transfer to your nominee takes place seamlessly. 

  • Penalties and Charges

Issuers charge a penalty if you withdraw prematurely, which will be mentioned in the fixed deposit receipt. Having this information at hand can help you avoid being blindsided by hefty charges, should you wish to make a premature withdrawal. 


Think of the FD receipt as any other asset-ownership documentation, and ensure that you get it after you have invested your money. Whether you invest in an FD available on Bajaj Markets  or elsewhere, remember to request for it after you complete the process. 


  • ✔️Is an FD receipt necessary?

    Yes, the fixed deposit receipt is necessary because it is proof of ownership and investment.

  • ✔️Is a fixed deposit receipt transferable?

    No, a fixed deposit receipt is not transferable between people.


  • ✔️How can I get proof of fixed deposit?

    After completing the formalities and starting a fixed deposit scheme, you will be issued a fixed deposit receipt. This will be your proof of fixed deposit.


  • ✔️How do I get the FD receipt?

    Generally, issuers will automatically give you a fixed deposit receipt once you complete the investment formalities. In case you have not received the receipt, you can contact the issuer and ask for it. 


  • ✔️Will I get a duplicate FD receipt?

    Yes, you can ask for a duplicate receipt from your issuer. Generally, you have to submit a written request but you can confirm the procedure by contacting the issuer.

  • ✔️Can a fake FD Receipt be identified?

    Yes, you can verify your fixed deposit receipt. To do that you can check the details mentioned in the receipt and contact the issuers to ask for assistance in verifying the authenticity of the same.


  • ✔️How can I redeem my fixed deposit on maturity if I have lost the FD receipt?

    If you have lost the receipt, you will have to request for a duplicate receipt. The process for acquiring a duplicate receipt depends on your issuer and you can confirm the same by contacting the issuer.


  • ✔️Does a bank FD receipt provide nominee details?

    Yes, a fixed deposit receipt contains information about the nominee you choose.