- LATEST
- WEBSTORY
- TRENDING
PERSONAL FINANCE
Bajaj Finance increases FD rates by up to 40 bps; invest now and earn higher returns
Bajaj Finance increases FD rates and offers various options and higher returns.
Updated : Jan 22, 2023, 09:05 AM IST | Edited by : Raunak Jain
 "bajaj finance, reserve bank of india, rbi, newsvoir, nbfc, credit company, bfl, bajaj finserv ltd, bajaj finance ltd")
TRENDING NOW
)
Amitabh Bachchan continued beating this star, even after director yelled 'cut', later they became rivals, didn't work for years after..., his name is...
)
Meet actress who was abandoned by her father, still became superstar, worked in 180 films, remained single even after marriage, her net worth is Rs..., name is..
)
After UPSC topper Tina Dabi, Srushti Deshmukh, Class 12 marksheet of IAS officer Smita Sabharwal goes viral, check her marks in..., she scored highest in...
)
SRH owner Kavya Marhan sends Pat Cummins-led team to... in the middle of IPL due to...
)
Meet woman who was interested in both engineering and medicine, cleared JEE Main with 99 percentile, scored around 590 marks in NEET-UG, but opted for another entrance exam, now she is studying...
)
Indian-Canadian couple's dream wedding in Bengaluru turns tragic as colour bomb explodes on bride's back, watch viral video
)
After Ibrahim Ali Khan, Palak Tiwari breaks silence on her rumoured relationship with Nadaaniyan actor: 'I feel strongly about...'
)
This is India's most expensive school, also one of country's oldest, annual fee is Rs..., is located in...
)
Family Man actor Rohit Basfore found dead near Guwahati waterfall in Assam, Police confirms multiple injury marks
)
Deepinder Goyal breaks silence on Reddit post claiming Zomato losing market share, forcing employees to order from firm: 'Freedom of...'
)
How much time will it take for India to stop water flow to Pakistan after suspension of Indus water treaty?
)
Is SRH owner Kavya Maran in love with this popular star? Know her net worth, education and more
)
RR Vs GT Highlights: Vaibhav Suryavanshi Becomes Fastest Indian Player To Score Hundred I IPL 2025
)
This actor forcibly kissed 15-year-old actress, left her traumatised, in tears, then laughed while justifying the act; he is...
)
Amitabh Bachchan, Aishwarya Rai Bachchan to Abhishek Bachchan: Uncover educational credentials of Bachchan family
The fixed deposit (FD) rates at Bajaj Finance have raised by up to 40 basis points (bps). For all new deposits and renewals with Bajaj Finance for a term of 12 to 60 months, the revised rates will take effect on January 20, 2023. For consumers under 60 years of age, the interest rate will be 7.85 percent per year and for senior citizens, it will be 8.10 percent per year for FDs with a 44-month maturity.
With the use of the FD calculator on the Bajaj Finance website, investors can now determine their returns on investment at the new FD rates. For its FD customers, Bajaj Finance provides a number of added benefits in addition to the reduced rates. With a minimum investment requirement of Rs. 15,000, investors can select from a range of deposit terms between 12 and 60 months, with interest rates varying according to the duration of the deposit.
Customers also have the option to receive interest payments on a monthly, quarterly, half-yearly, or annual basis, or to choose a non-cumulative fixed deposit for payment of principal and interest upon maturity. In addition to providing unique terms with better returns, Bajaj Finance has earned the highest credit ratings of CRISIL AAA/STABLE and ICRA AAA(Stable) for upholding the best security requirements to protect their clients' interests.
Also read: 5 common investment mistakes to avoid in 2023
Additionally, investors can start investing with tiny monthly deposits with Bajaj Finance's Systematic Deposit Plan and receive reviced interest rates on each monthly deposit. The Bajaj Finance Fixed Deposit investment process is quick and easy to complete online, and the FD calculator can be used to calculate potential returns for various investment terms.
Bajaj Finance Ltd., a division of Bajaj Finserv Ltd., is an NBFC-Investment and Credit Company (NBFC-ICC) and a deposit-taking Non-Banking Financial Company (NBFC-D) registered with the Reserve Bank of India (RBI).
Visit www.bajajfinserv.in to know more.
