Bajaj Finance FD: Here is the good news for All Bajaj Finance’s investors. The fixed deposit rates for all investments starting at Rs 15,000 have been changed with effect from November 8, 2022. To accelerate the growth of an investor’s capital, all investor categories and tenors now receive higher FD interest rates of up to 7.85 percent per annum.

Customers under the age of 60 can now invest for a 44-month term and earn up to 7.60% per year. As a special rate benefit, seniors receive an additional 0.25 percent of all base rates. As a result, older people can earn up to 7.85 percent per year for a term of 44 months. FD rates for customers under the age of 60 have been revised.

The regular rates for customers under the age of 60 have been reduced by 10 basis points; the revised interest rates are as follows:

Senior citizens benefit from the rate change as well as the additional 0.25% p.a. interest rates. They can now earn up to 7.85 percent per year for the next 44 months. The table below shows the senior citizen FD interest rates:

Discounted interest rates

Investors seeking higher returns and longer investment terms can take advantage of Bajaj Finance’s special tenure on fixed deposits of 15, 18, 22, 30, 33, and 44 months. The most recent special rates for all customers are listed below.

Monthly payments in small amounts

In addition to fixed deposits, Bajaj Finance provides the Systematic Deposit Plan, the industry’s first monthly savings option. Each investment is treated as a separate fixed deposit, with monthly investments starting at Rs. 5,000.

You can make small monthly deposits in the Monthly maturity scheme, and each deposit matures on a different month in the Single maturity scheme.

Highest ratings for safety and credibility

When it comes to investing, selecting a safe and credible instrument is critical to reducing risk and ensuring the security of your funds. An FD is a safer investment because it is not affected by market fluctuations. Furthermore, rating agencies such as CRISIL and ICRA rate various financial institutions’ investment instruments. A high rating indicates that the instrument is safe, and you can invest with confidence knowing that you will receive your interest earnings and original investment amount on time and without fail. CRISIL and ICRA have given the Bajaj Finance FD the highest safety and credibility ratings, ensuring the security of your invested funds.

To maximise convenience, you can use the FD calculator and a 100% digital process in addition to the benefits of the Bajaj Finance Fixed Deposit. You can more easily and quickly predict your returns and plan your investments with the help of the FD calculator and web application. In a few simple steps, you can increase your wealth by investing in a safe and secure online FD.