Bajaj Finance: FD rates hiked by 10 bps, earn up to 7.95 percent per year on FDs

Bajaj Finance: FD rates hiked by 10 bps, earn up to 7.95 percent p.a. on FDs

When choosing to invest with Bajaj Finance, investors can now get higher FD rates. The issuer raised rates on fixed deposits by 10 basis points to give investors more value. As a result, you can now earn up to 7.95 percent per annum. In addition, this fixed deposit offers much higher earnings. This instrument is particularly attractive due to its growth, especially for long-term investments.

The great news is that you can lock in these rates starting November 22, 2022, making them one of the highest FD rates ever. Bajaj Finance also offers digital provisions to streamline the process and make it completely hassle-free. Additionally, you can plan and manage your investments from the comfort of your home while investing online.

Improved FD rates for higher income:

For all types of investors, Bajaj Finance offers competitive FD rates in various tenors. This allows you to make significant profits, regardless of the maturity time you choose. You can now lock in FDs with interest rates as low as 7.95 percent per annum as the issuer has increased FD rates by 10 basis points.

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With this rate, you can earn well and get the most out of the interest. See the following data for cumulative fixed deposits to better understand the earnings you can expect:

24 months

Interest rate for clients under the age of 60 – 7.25% per year

Interest rate for seniors – 7.50% per year

39 months

Interest rate for clients under the age of 60 – 7.60% per year

Interest rate for seniors – 7.85% per year

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44 months

Interest rate for clients under the age of 60 – 7.70% per year

Interest rate for seniors – 7.95% per year

60 months

Interest rate for clients under the age of 60 – 7.50% per year

Interest rate for seniors – 7.75% per year

Various tenor options to suit all investment objectives:

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You are free to invest as you wish with Bajaj Finance Term Deposit. Choose a tenure from 12 to 60 months to take full advantage of high FD rates. This FD is the best option if you want to fund a short term goal or build a corpus over a few years.

Bajaj Finance also offers unique tenors; By choosing these, you can get higher interest rates. When you want to maximize your income or grow your money efficiently, investing over a period of time makes sense.

Digital investment strategies that ensure practicality:

Now you can invest your money and track your investments extremely easily thanks to digitization. These benefits are provided to you by Bajaj Finance through several digital features. You can quickly invest online and have a fully digital experience without going to a physical branch. You can then track your investments and get all relevant information using a user-friendly user portal.

In addition, you can plan your investment, identify the best conditions and invest intelligently using the FD calculator. Although a term deposit calculator is not available, you can tweak the parameters until you discover interest rates that meet your goals. In addition, the FD calculator is free to use as often as needed.

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Small monthly deposit:

With the Bajaj Finance System Deposit Plan, you can avail FD rates in controllable monthly payments starting from Rs. 5000 if you are looking for small monthly investments.

You should consider Bajaj Finance Fixed Deposit in light of the rise in interest rates. Your portfolio risk can be balanced or fixed returns can be added to ensure long-term stability. All investment profiles can take advantage of these advantages, and there are essentially no risks.

Rated AAA (Stable) by ICRA and AAA/STABLE by CRISIL, Bajaj Finance Fixed Deposit has the best creditworthiness. In such a scenario, your money is safe and you are free to worry about returns. To secure higher FD rates from Bajaj Finance, start your journey today by investing online.

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