Bajaj Finance Ltd. is a part of Bajaj Finserv, one of the largest financial services groups in the country. Recently, they have introduced a Fixed Deposit (FD) scheme with special rates of up to 8.85% on deposits made through their app and website.
Starting from January 2, 2024, senior citizens who book FDs for a tenure of 42 months through the Bajaj Finserv app and website can avail a maximum interest rate of 8.85% per annum.
Depositors who are under 60 years of age can enjoy an interest rate of up to 8.60% per annum. The revised interest rates will be applicable on the renewal of matured deposits for a period of 42 months for new deposits, and a maximum of Rs. 5 crores can be deposited.
According to recent reports, Bajaj Finance has reported having 76.56 million account holders and 44.68 million net users as of September 30, 2023. The Bajaj Finserv app has been ranked as the 4th most downloaded app in the financial domain on Playstore in India, as per a Data.io report.
Furthermore, the company boasts a total deposit book of over 54,821 crores with 1.4 million deposits, making it the largest deposit-taking NBFC in India as of September 30, 2023.
For more information, please visit the official webpage of Bajaj Finance Limited Fixed Deposit Interest Rates at https://www.bajajfinserv.in/investments/fixed-deposit-application-form.