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Fixed Deposit in Madurai

Fixed Deposit in Madurai

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Madurai, one of the fastest developing cities in Tamil Nadu, has a rich potential to bolster the Indian economy. With a steady growth of agriculture, banking, exports, information technology, airlines, real estate and manufacturing industry, Madurai is slowly adopting a modern lifestyle.

In order to generate wealth, people of Madurai have been turning towards prudent financial investments that can help them grow their earnings.

FD Rates in Madurai

FD (Fixed Deposits) guarantee a fixed, pre-decided rate of interest on your investment, which is credited to your account at the end of the tenure. Bajaj Finance Fixed Deposit Schemes are best for risk-averse investors, seeking guaranteed returns along with flexibility to choose tenor and payout frequency.

You can opt for the Cumulative or Non-Cumulative Fixed Deposits, depending on your financial goals.

Residents of Madurai can look forward to greater stability with higher returns with their fixed deposit schemes.  

Fixed Deposit Interest Rates 2019

Tenor in Months Minimum deposit (in Rs.) Cumulative Non-Cumulative
Monthly Quarterly Half Yearly Annual
12 – 23 25,000 8.00% 7.72% 7.77% 7.85% 8.00%
24 – 35 8.05% 7.77% 7.82% 7.89% 8.05%
36 - 60 8.35% 8.05% 8.10% 8.18% 8.35%

Rate benefits basis customer category (w.e.f. 03 Sep 2019):

+ 0.35% for senior citizens

+ 0.10% for Bajaj Group employees, Bajaj Finance Ltd customers and Bajaj Allianz Life Insurance existing policyholders


Renewal:

+0.10% over and above the rate of interest at which the deposit is booked

  • Features & Benefits

    Some of the best features and benefits that set Bajaj Finance Fixed Deposits apart are given below:

  • High Stability and Credibility

    Bajaj Finance is known for its high stability and rating, with ICRA’s MAAA (Stable) rating and CRISIL’s FAAA/Stable rating. Your investments are hence, never at risk, with Bajaj Finance.

  • 8.75% Return on Your Investment

    With Bajaj Finance Fixed Deposits, you can enjoy one of the best returns in the industry, which can go up to 9.10%

  • Assured Returns

    There is no risk to your principal amount with Bajaj Finance Fixed Deposits. You can look for assured returns, which are not influenced by market forces.

  • Flexi Term Loan facility

    Loan against Fixed Deposit

    There is no need to break your fixed deposits before maturity, as Bajaj Finance also offers a loan against your fixed deposits.

Madurai Residents can get in touch with the experts at the Madurai branch:
 

  • Bajaj Finance Limited

3rd Floor, S S Tower, No.78/4, Ponmeni Bypass Road, Madurai - 625 016.