Bajaj Finance introduces special FD for 39 months with up to 7.85% return2 min read . Updated: 22 Nov 2022, 10:11 AM IST
- The average ticket size of fixed deposits with Bajaj Finance is ₹3.5 lakh per depositor. The company has a base of 4.25 lakh depositors with more than 1 million FDs. The company can also cross-sell financial products to its FD holders
NEW DELHI: Bajaj Finance Ltd., a non-banking finance company (NBFC), has introduced a new 39-month special tenor fixed deposit (FD) scheme, effective Tuesday, with the rate set at 7.85% for senior citizens. For non-senior citizens, the FD rate stands at 7.60%. However, the highest rate for senior citizens is fixed at 7.95% for 44 months. For non-senior citizens, the highest FD rate stands at 7.70% for the same tenor (44 months). A 12-23-month cumulative FD will fetch 6.80%, while a 15-month special FD will get 6.95% (for non-senior citizens).
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