Bajaj Finance raises FD interest rate by 40bps, elderly income reaches 8.6%.Click here for new interest rates

Finance


NBFC giant Bajaj Finance has increased interest rates on fixed deposits by 40% for multiple terms ranging from 36 to 60 months starting May 10, 2023. Seniors can benefit up to 8.60% in a special period of 44 months. These new interest rates beat inflation!

NBFC giant Bajaj Finance has increased interest rates on fixed deposits by 40% for multiple terms ranging from 36 to 60 months starting May 10, 2023. Seniors can benefit up to 8.60% in a special period of 44 months. These new interest rates beat inflation!

Bajaj Finance allows depositors under the age of 60 to earn up to 8.05% per annum and senior citizens to earn up to 8.30% per annum.

Bajaj Finance allows depositors under the age of 60 to earn up to 8.05% per annum and senior citizens to earn up to 8.30% per annum.

With an exceptional tenure of 44 months, the NBFC player offers dividends as high as 8.35% for general categories and 8.60% for seniors.

With an exceptional tenure of 44 months, the NBFC player offers dividends as high as 8.35% for general categories and 8.60% for seniors.

These new interest rates apply to new deposits and renewals of maturing deposits. ¥500 million.

These new interest rates apply to new deposits and renewals of up to maturity deposits. ¥500 million.

Sachin Sikka, Executive Vice President, Term Deposits and Investments, Bajaj Finance Ltd. Bajaj Finance’s highly inflationary interest rates on his FDs provide clients with a secure investment option while allowing them to earn higher returns from their deposits. A depositor can place her FD in minutes through a digital journey. The digital and paperless process makes FD placement very convenient and fast. “

Sachin Sikka, Executive Vice President of Term Deposits and Investments, Bajaj Finance Ltd. Bajaj Finance’s highly inflationary interest rates on his FDs provide clients with a secure investment option while allowing them to earn higher returns from their deposits. A depositor can place her FD in minutes through a digital journey. The digital and paperless process makes FD placement very convenient and quick. “

Check out FD’s latest interest rates:

Non-elderly:

Depositors under the age of 60 can earn a profit of 7.40% over a period of 12-23 months. 7.50% if maturity is between her 15th and 23rd month. 7.55% at 24 months tenure. 7.35% over 25-35 months. 8.05% for 36-60 months tenure.

Check out FD’s latest interest rates:

Non-elderly:

Depositors under the age of 60 can earn 7.40% over a period of 12-23 months. 7.50% for maturities greater than 15 months and up to 23 months. 7.55% at 24 months tenure. 7.35% over 25-35 months. 8.05% for 36-60 months tenure.

During the special period, these depositors will receive 7.45% for 15 months, 7.40% for 18 months, 7.50% for 22 months, 7.45% for 30 months, 7.75% for 33 months and 7.75% for 44 months. Earn 8.35% at

During the special period, these depositors will receive 7.45% for 15 months, 7.40% for 18 months, 7.50% for 22 months, 7.45% for 30 months, 7.75% for 33 months and 7.75% for 44 months. Earn 8.35% at

senior citizen:

Seniors can earn 7.65% with maturities ranging from 12 months to 23 months. 7.75% for tenures of 15-23+ months and 7.80% for 24 months. 7.60% over a period of 25-35 months. 8.30% for 36-60 months tenure.

senior citizen:

Seniors can earn 7.65% with maturities ranging from 12 months to 23 months. 7.75% for tenures of 15-23+ months and 7.80% for 24 months. 7.60% over a period of 25-35 months. 8.30% for 36-60 months tenure.

Seniors are also eligible for special tenure special FD rates. Earn up to 7.70% at 15 months, 7.65% at 18 months, 7.75% at 22 months, 7.70% at 30 months, 8% at 33 months, 8.60% at 44 months .

Special tenure special FD rates also apply to seniors. Earn up to 7.70% in 15 months, 7.65% in 18 months, 7.75% in 22 months, 7.70% in 30 months, 8% in 33 months, 8.60% in 44 months.

Bajaj Finance offers excellent interest rates among the country’s leading financial institutions. Its digital journey provides investors with a safe and simplified route to accumulate and grow their savings.

Bajaj Finance offers some of the best rates among the country’s major financial institutions. Its digital journey provides investors with a safe and simplified route to secure and grow their savings.

As part of its omnichannel strategy, the company offers customers multi-channel options for placing FDs through app, web, branches and distributors in 4000 locations nationwide.

As part of its omnichannel strategy, the company offers customers multi-channel options for placing FDs through app, web, branches and distributors in 4000 locations nationwide.

Bajaj Finance also provides access to all domestic mutual funds through its Investment Marketplace app, allowing investors to choose from a wide range of investment options.

Bajaj Finance also provides access to all domestic mutual funds through its Investment Marketplace app, allowing investors to choose from a wide range of investment options.



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