scorecardresearchFixed Deposits: Bajaj Finance raises interest rates; get up to 7.95 percent: Check Latest FD Rates

Fixed Deposits: Bajaj Finance raises interest rates; get up to 7.95 percent: Check Latest FD Rates

Updated: 22 Nov 2022, 12:57 PM IST
TL;DR.
Citizens can earn up to 7.95% p.a. on their deposits. Making this one of the most rewarding FD rates. Apart from this senior citizens also get additional interest rate benefits of up to 0.25% p.a. on their deposits above the base rates. Special tenures account for special and higher interest rates. The revised interest rates on special tenure are:
Tax saving fixed deposits help you save income tax via exemption given under section 80C.

Tax saving fixed deposits help you save income tax via exemption given under section 80C.

Bajaj Finance has raised the fixed deposit interest rate by up to 10 bps. All customers can take advantage of higher FD rates for all investments made after 22nd November 2022. With this fixed deposit, you can now receive up to 7.95% p.a. and benefit from the higher yields. With long-term investments, this hike greatly increases the allure and profitability of this instrument.

Apart from that investor can also invest for a new special tenure of 39 months to get higher interest rates. The best part is that you can lock in these rates right away, making it an FD with one of the highest FD rates. Bajaj Finance also provides digital options to streamline the procedure and make it fully hassle-free. These enable you to plan and manage your investment from the convenience of your home while investing online.

Revised FD rates for customers below 60 years of age

The regular rates for customers below 60 years of age have been revised by 10 bps, the revised interest rates are as follows:

The FD rate hike is also applicable for senior citizens, along with which they get additional FD rates up to 0.25% p.a. on the base rates. The revised FD rates for senior citizens from 22nd November 2022 are:

- Higher FD interest rates with Bajaj Finance

Citizens can earn up to 7.95% p.a. on their deposits. Making this one of the most rewarding FD rates. Apart from this senior citizens also get additional interest rate benefits of up to 0.25% p.a. on their deposits above the base rates. Special tenures account for special and higher interest rates. The revised interest rates on special tenure are:

 

First Published: 22 Nov 2022, 12:57 PM IST