Effective Tuesday, the non-banking finance company has revised upwards the interest rate on its fixed deposits
Listen to this article
Bajaj Finance Ltd, a non-banking finance company (NBFC), has raised its fixed deposit (FD) rates, effective Tuesday, with the highest rate now fixed at 7.45% for senior citizens for a period of 44 months. For non-senior citizens, the highest FD rate stands at 7.20% for the same tenor (44 months). A 12-month cumulative FD will fetch 5.75%, while a 15-month FD will get 6% (for non-senior citizens).