Bajaj Finserv Fixed Deposit
When it comes to choosing investments, you must strike a balance between looking for high interest rates and safety of your investment. Fixed deposits are hence, ideal investment avenues that enable you to multiply your money with high interest rates, while ensuring the safety of your investment.
When investing in a Bajaj Finance Fixed Deposit, you can get high interest rates, flexible tenors and a convenient option to choose your interest payout freq. Fixed Deposit Bajaj Finance Fixed Deposit. High Interest Rate up to 7.25%. Bajaj finserv Direct limited. 4TH Floor, B2 Building, Cerebrum IT Park.
Bajaj Finserv Fd Interest Rate
Pune, August 19, 2019: Bajaj Finance Ltd, a deposit accepting Non-Banking Financial Institution (‘NBFC’) and a lending arm of Bajaj Finserv group, has announced its new offering of Fixed Deposit to NRIs enabling them to benefit from high returns of up to 8.95%. Bajaj Finance Fixed Deposit for NRIs offers flexible tenor options between 12. On Finserv MARKETS, you can use the Bajaj Finance Fixed Deposit online calculator to evaluate your returns before investing. For NRIs investing in the Fixed Deposit, the interest rate is calculated by the rate of interest, tenor and frequency of the selected payouts.
Fixed Deposit Interest Rates (w.e.f 05 March 2020):
Bajaj Finance, one of the leading NBFCs in the country, offers one of the best returns on FD, surpassing most fixed-income investments. Whether you are a risk-averse investor or ready for high returns, investing in Bajaj Finance FD can help you build a series of high-yielding investment plan for your future. The table below lists FD interest rates offered by Bajaj Finance:
Annual Interest rate valid for deposits up to Rs. 5 crore - | ||||||
---|---|---|---|---|---|---|
Tenor in Months | Minimum deposit (in Rs.) | Cumulative | Non-Cumulative | |||
Monthly | Quarterly | Half Yearly | Annual | |||
12 – 23 | 25,000 | 7.60% | 7.35% | 7.39% | 7.46% | 7.60% |
24 – 35 | 7.65% | 7.39% | 7.44% | 7.51% | 7.65% | |
36 – 47 | 7.70% | 7.44% | 7.49% | 7.56% | 7.70% | |
48 – 60 | 7.80% | 7.53% | 7.58% | 7.65% | 7.80% |
Rate benefits basis customer category (w.e.f 05 March 2020):
+ 0.25% for senior citizens
+ 0.10% for Bajaj Group employees, Bajaj Finance Ltd customers and Bajaj Allianz Life Insurance existing policyholders
Renewal:
+0.10% over and above the rate of interest at which the deposit is booked
Bajaj Finserv Fixed Deposit Rate
If you’d like to plan your finances and future cash flow in a strategic manner, you can use the online FD calculator. It lets you calculate your exact returns by entering investment amount, tenor, and frequency of interest payout.