A Fixed Deposit scheme is a savings option which helps the depositors earn interest

on their money placed with Bajaj Finance Ltd ("BFL") at periodic intervals either

through simple or compounded interest on the principal amount. The interest rates

are typically higher than that offered in saving accounts; owing to the fact that the

money is locked in for a specific period and cannot be withdrawn at the will of the

depositor, except in certain scenarios as stipulated in the terms and conditions and

subject to levy of. applicable prematurity penalty.