Bajaj Finance Increases FD Interest Up To 8.85 pc- Check Latest FD Rates On Different Tenures (image source: Canva)
Bajaj Finance Fixed Deposit(FD) Interest Rates: Bajaj Finance, a subsidiary of Bajaj Finserv and a non-banking financial company (NBFC) regulated by the Reserve Bank of India (RBI), has announced an increase in its fixed deposit (FD) rates across various tenures, effective from April 3, 2024.
The NDFC has revised FD rates across the broad spectrum of tenures, with most witnessing an increase of up to 60 basis points (bps). Specifically, senior citizens stand to benefit from rate hikes of up to 60 bps in the 25-35-month tenure and 40 bps in the 18-24-month tenure. Meanwhile, for non-senior citizens, rate enhancements range from 35 to 45 bps in various tenures.
Bajaj Finance for senior citizens offers FD rates of up to 8.85 per cent, while non-senior citizens can benefit from rates of up to 8.6 per cent in the 42-month tenure, Investors have the feasibility to deposit their amount digitally.
Bajaj Finance Interest Rate On Regular Fixed Deposit (Investors Below 60 Age)
Bajaj Finance offers the highest FD interest rate of 8.60 per cent for regular investors on a fixed deposit tenure of 42 months. Investors can deposit a minimum amount of Rs 15,000 to a maximum of Rs 5 crore. Check Bajaj Finance’s regular FD interest rates on different tenures.
| Tenure (In Months) | Fixed Deposit Interest Rates |
| 12 | 7.40 per cent |
| 15 | 7.50 per cent |
| 18 | 7.80 per cent |
| 22 | 7.90 per cent |
| 24 | 7.80 per cent |
| 33 | 8.10 per cent |
| 36 | 8.10 per cent |
| 42 | 8.60 per cent |
| 44 | 8.25 per cent |
| 60 | 8.10 per cent |
Note: Interested investors can deposit a minimum amount of Rs 15,000 to a maximum of 5 crore.
Bajaj Finance Senior Citizen Fixed Deposit Interest Rates (Investors Above 60 Age)
Bajaj Finance senior citizens FD interest rates range from Rs 7.65 per cent to the high FD interest rate of 8.35 per cent. Investors can deposit a minimum amount of Rs 15,000 to a maximum of Rs 5 crore. Check Bajaj Finance’s Senior Citizen FD interest rates on different tenures.
| Tenure (In Months) | Fixed Deposit Interest Rates |
| 12 | 7.65 per cent |
| 15 | 7.75 per cent |
| 18 | 8.05 per cent |
| 22 | 8.15 per cent |
| 24 | 8.20 per cent |
| 33 | 8.35 per cent |
| 36 | 8.35 per cent |
| 42 | 8.85 per cent |
| 44 | 8.50 per cent |
| 60 | 8.35 per cent |
Note: Interested investors can deposit a minimum amount of Rs 15,000 to a maximum of 5 crore.
Data Source: Bajaj Finance official website (www.bajajfinserv.in)
(Disclaimer: The above article is meant for informational purposes only, and should not be considered as any investment advice. Today Technology Market ResearchDigital suggests its readers/audience to consult their financial advisors before making any money-related decisions.)
