Bajaj Finance Ltd., a subsidiary of Bajaj Finserv Ltd., has raised the bar in the financial landscape with its revamped Fixed Deposit (FD) rates. Effective April 3, 2024, the company has introduced substantial increases across various tenures, ushering in a new era of stability and prosperity for depositors.
Of notable interest is the remarkable 8.85% return offered exclusively to senior citizens for a 42-month tenure, marking a significant 60 basis points surge. Non-senior citizens, too, stand to benefit from hikes of up to 45 basis points across select tenures, providing a lucrative opportunity for growth.
Sachin Sikka, Head of Fixed Deposits & Investments at Bajaj Finance, underscored the company’s commitment to offering a secure and rewarding investment avenue, stating, “Our enhanced rates across several investment buckets present an attractive proposition for investors seeking stability.”With a customer franchise exceeding 83.64 million and a robust deposits book surpassing Rs. 60,000 crore as of March 31, 2024, Bajaj Finance continues to redefine the contours of financial excellence. Investors can now embark on their wealth-building journey with confidence, leveraging Bajaj Finance’s top-notch stability ratings and digital investment marketplace for unparalleled growth opportunities.
