Bangalore, often called the Silicon Valley of India, employs nearly 35% of India's pool of 2.5 million IT professionals. Accounting for the highest IT-related exports in the country, Bangalore’s economy is fast expanding and so is its standing as an investor’s hub. Residents here are constantly looking to diversify their portfolio with lucrative avenues like the FD (Fixed deposits) and mutual funds.
|Interest Rate||Ranging from 5.65% to 6.75%|
|Minimum Tenor||1 Year|
|Maximum Tenor||5 Years|
|Deposit Amount||Min- Rs. 25,000|
|Application Process||Easy online paperless process|
|Online Payment Options||Netbanking and UPI|
Access FD interest rates up to 6.75% to grow your wealth easily and steadily over a given tenor.
Bajaj Finance FDs are backed by CRISIL FAAA and ICRA MAAA ratings, ensuring safety all through.
Opt for a tenor that ranges between 12 and 60 months, based on your financial goals.
The Bajaj Finance Fixed Deposit guarantees returns at the end of the tenor, without any risks.
As a resident of Bangalore, a reliable and lucrative investment option available to you is the Bajaj Finance Fixed Deposit. With it, you can avail an interest rate of up to 6.75%* and invest over a flexible tenor that ranges between 12 and 60 months. What’s more, these returns are backed by ICRA’s MAAA rating and CRISIL’s FAAA rating, thus assuring returns.
|Annual rate of interest valid for deposits up to Rs.5 crore (w.e.f. 12 May 2021)|
|Tenor in Months||Minimum deposit (in Rs.)||Cumulative||Non-Cumulative|
|12 – 23||25,000||5.65||5.51||5.53||5.57||5.65|
|24 – 35||6.10||5.94||5.97||6.01||6.10|
|36 - 60||6.50||6.31||6.35||6.40||6.50|
+ 0.25% for senior citizens
+ 0.10% for customers opening FD through online mode
Note: Senior citizens investing in a Bajaj Finance online FD will only receive one benefit (rate benefit of 0.25%), regardless of the mode of investment
+0.10% over and above the applicable rate of interest/card rate at the time of renewal of deposit. In case of online renewal, only one benefit (renewal benefit of 0.10%) will be extended.
These are the 7 branches you can visit in Bangalore: