Earn up to 8.10% interest on a regular fixed deposit
Senior citizens can earn up to 8.35% on fixed deposits
Get 0.25% increase in interest on renewing your FD
Get a loan against your FD, flexible tenors, and more
Bajaj Finance, one of the most diversified non-banking finance companies in the country, now offers fixed deposit interest rates up to 8.35% for senior citizens, and 8.10% for new customers. Invest in Bajaj Finance Fixed Deposit to balance risk in your investment portfolio, and multiply your savings faster.
Here's a lowdown on fixed deposit interest rates offered by Bajaj Finance:
Annual rate of interest valid for deposits up to Rs.5 crore (w.e.f 07 December 2019)
For new customers:
Tenor in Months | Minimum deposit (in Rs.) | Cumulative | Non-Cumulative | |||
---|---|---|---|---|---|---|
Monthly | Quarterly | Half-Yearly | Annual | |||
12 – 23 | 25,000 | 7.60% | 7.35% | 7.39% | 7.46% | 7.60% |
24 – 35 | 7.90% | 7.63% | 7.68% | 7.75% | 7.90% | |
36 - 60 | 8.10% | 7.81% | 7.87% | 7.94% | 8.10% |
Check out the rate benefits, based on your customer category:
- Senior citizens can look for +0.25% higher interest rates
- Bajaj group employees or existing Fixed Deposit customers or loan customers can get +0.25% higher interest rates
As an existing Bajaj Finserv loan or Bajaj Finance fixed deposit customer, you can enjoy up to 8.35% on a cumulative or annualised non-cumulative fixed deposit.
If you renew your Fixed Deposit by Bajaj Finance, you can look for +0.25% over and above
the rate of interest at which your deposit was booked.
As a senior citizen investing in fixed deposits, you stand to gain a whole lot more, as you can now earn up to 8.35%. Here’s a brief lowdown on the interest rates offered by Bajaj Finance Fixed Deposits, to senior citizens:
For senior citizens:
Tenor in Months | Minimum deposit size (in Rs.) | Cumulative | Non-Cumulative | |||
---|---|---|---|---|---|---|
Monthly | Quarterly | Half-Yearly | Annual | |||
12 – 23 | 25,000 | 7.85% | 7.58% | 7.63% | 7.70% | 7.85% |
24 – 35 | 8.15% | 7.86% | 7.91% | 7.99% | 8.15% | |
36 - 60 | 8.35% | 8.05% | 8.10% | 8.18% | 8.35% |
You can reap more benefits by staying invested for a longer tenor, when investing in Bajaj Finance Fixed Deposits. For example, if you invest for 4 years, as opposed to 1 year, you can benefit from a higher interest rate.
In addition to quicker multiplication of your money in a shorter span of time, Bajaj Finance Fixed Deposit offer a suite of exciting features and benefits that make it one of the best fixed deposits in the market.
For instance, you can enjoy doorstep document pick-up, apply for a fixed deposit and manage it online, take a loan against your fixed deposit to meet short-term needs, opt for periodic interest payouts, and even enjoy a 0.25% increase in the interest rate when you renew your investment.
Bajaj Finance Fixed Deposit is accorded with the highest safety rating, with ICRA’s MAAA and CRISIL’s FAAA/stable rating. This means you can remain assured about the safety of your capital, and gain from stable returns.
Take the first step towards a balanced portfolio, by investing in Bajaj Finance Fixed Deposit.