The interest rate is the percentage of money you earn from your Fixed Deposit over the course of your tenor. Thus, the rate of interest at which you lock your deposit, is applicable for the deposit amount. You earn interest over the tenor, and it keeps accumulating throughout the tenor you choose.
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Bajaj Finance offers one of the best FD interest rates up to 6.50%, for individuals below 60 years of age. There is an additional rate benefit of 0.10% on investing online, and senior citizens can reap the benefit of an additional rate benefit of 0.25%, regardless of their mode of investment.
Here's a look at the current FD rates offered by Bajaj Finance Limited.
Bajaj Finance FD Rates 2021 |
||
|---|---|---|
| Tenor (Months) | FD interest rates | Senior Citizen FD interest rates |
| 12 – 23 | 5.51% - 5.65% | 5.75% - 5.90% |
| 24 – 35 | 5.94% - 6.10% | 6.17% - 6.35% |
| 36 - 60 | 6.31% - 6.50% | 6.55% - 6.75% |
Bajaj Finance also offers an additional 0.25% rate benefit to senior citizens, which enables them to grow their savings and avail periodic interest payouts as per their needs.
Bajaj Finance also accepts deposits from NRIs with an NRO account. NRIs can easily invest in a Bajaj Finance NRI Fixed Deposit and choose flexible tenors ranging from 12 to 36 months. Here’s a look at the current NRI FD interest rates below.
Bajaj Finance FD Rates 2021 For NRI |
||
|---|---|---|
| Tenor (Months) | FD interest rates | Senior Citizen FD interest rates |
| 12 – 23 | 5.51% - 5.65% | 5.75% - 5.90% |
| 24 – 35 | 5.94% - 6.10% | 6.17% - 6.35% |
| 36 | 6.31% - 6.50% | 6.55% - 6.75% |
In addition to lucrative interest rates and convenient investment procedures, Bajaj Finance is also one of the safest investment avenues to help you grow your savings easily. Make a smart investment choice with Bajaj Finance Fixed Deposit, and watch your savings grow.
