Bajaj Finance crosses new FD milestone, records a book size of Rs. 50,000 crore

Read to know how we became India’s largest deposit-taking non-banking finance company.
Fixed Deposit
3 mins
20 Dec 2023

In July this year, Bajaj Finance crossed Rs. 50,000 crore in fixed deposits (FDs), making us the country’s largest deposit-taking non-banking finance company. And we have you to thank for helping us reach this milestone!

We started offering fixed deposits in January 2014 and over the last nine years, we have received the trust and support of more than 5 lakh depositors. In fact, in the last year alone, we have seen our fixed deposits book grow by over 46%!

Here’s a quick look at the features that have helped us become one of the most preferred investment options today:

  • Attractive interest rates: We have consistently offered some of the highest returns on your deposit. Today, senior citizens can earn up to 8.85% p.a. with our fixed deposit.
  • Safety and security: Our FDs come with the highest [ICRA]AAA(Stable) and CRISIL AAA/STABLE ratings ensuring the best possible safety rating.
  • Flexibility: With flexibility in tenure, investment amount, and pay-out frequency, you can be assured of complete control of your investment.
  • Convenience: Book an FD with us online from the comfort of your home using our app or website or walk into any of our special FD branches. You can track your deposit online and make withdrawals or premature closures as and when you need.

While we celebrate this Rs. 50,000 crore milestone, we asked ourselves what should we do differently? The answer was nothing! We keep our passion strong and our commitment unwavering as we focus on our next big milestone!

Thank you once again for your trust and support.

Disclaimer

As regards deposit taking activity of Bajaj Finance Ltd (BFL), the viewers may refer to the advertisement in the Indian Express (Mumbai Edition) and Loksatta (Pune Edition) furnished in the application form for soliciting public deposits or refer https://www.bajajfinserv.in/fixed-deposit-archives
The company is having a valid Certificate of Registration dated March 5, 1998 issued by the Reserve Bank of India under section 45 IA of the Reserve Bank of India Act, 1934. However, the RBI does not accept any responsibility or guarantee about the present position as to the financial soundness of the company or for the correctness of any of the statements or representations made or opinions expressed by the company and for repayment of deposits/discharge of the liabilities by the company.

For the FD calculator the actual returns may vary slightly if the Fixed Deposit tenure includes a leap year.

Disclaimer

As regards deposit taking activity of Bajaj Finance Ltd (BFL), the viewers may refer to the advertisement in the Indian Express (Mumbai Edition) and Loksatta (Pune Edition) furnished in the application form for soliciting public deposits or refer https://www.bajajfinserv.in/fixed-deposit-archives
The company is having a valid Certificate of Registration dated March 5, 1998 issued by the Reserve Bank of India under section 45 IA of the Reserve Bank of India Act, 1934. However, the RBI does not accept any responsibility or guarantee about the present position as to the financial soundness of the company or for the correctness of any of the statements or representations made or opinions expressed by the company and for repayment of deposits/discharge of the liabilities by the company.

For the FD calculator the actual returns may vary slightly if the Fixed Deposit tenure includes a leap year.