Srinagar, Jan. 27 -- Renewing an FD is more than a routine step-it's a fresh rate decision that can affect your returns for the next one to five years. When interest rates rise, a timely renewal helps you lock in better yields without increasing risk. Many investors also compare options like Bajaj Finance Fixed Deposit at maturity, as prevailing rates and payout choices may be more attractive than an automatic rollover. This guide explains how to renew smartly for higher interest while keeping liquidity, tax, and cash flow in mind. What FD renewal actually does When youRenew FD, you start a new deposit cycle at maturity-either with the principal alone or principal plus interest-based on your instruction. The renewed FD earns interest at t...