Fixed Deposit
No. BFL provides loan against BFL FDs only.
Fri, 12 Mar, 2021 at 9:34 AM
Yes, the co-applicant has to submit a written request, along with the death certificate of the primary holder, and the FDR to nearest branch. Upon verificat...
Fri, 12 Mar, 2021 at 9:35 AM
Yes, the TDS will be deducted, if applicable, as per provisions of Income Tax Act, 1961.
Fri, 12 Mar, 2021 at 9:35 AM
Yes, that's because BFL cannot continue to pay interest and deduct TDS on the PAN of a deceased person
Fri, 12 Mar, 2021 at 9:36 AM
BAJAJ FINANCE LIMITED FD investment cannot be shown as an investment under section 80C of the Income Tax Act, 1961('Act') for tax deduction benefit.
Fri, 12 Mar, 2021 at 9:38 AM
The TDS certificate will be emailed to the depositor every quarter.
Fri, 12 Mar, 2021 at 9:38 AM
Yes, as per Section 194A of the Act, your interest income is taxable when the interest earned from investment in fixed deposits across all NBFCs exceeds ₹5,...
Fri, 12 Mar, 2021 at 9:43 AM
No, with effect from 01 Dec 2020, tax will be deducted (if applicable) on PAN-level. This means if a customer has 5 deposits with BFL, BFL will calculate th...
Fri, 12 Mar, 2021 at 9:45 AM
1. Experia: Log in to BFL's customer portal Experia > Account Information > My relations > Fixed Deposit Details > View Details (for each de...
Fri, 12 Mar, 2021 at 9:46 AM
TDS is deducted on quarterly basis for all modes of interest payment, except monthly.
Fri, 12 Mar, 2021 at 9:50 AM