Bajaj Finance has increased Rate of interest On Fixed Deposit (FD) up to 20 basis points across the tenure. The new rates are effective from 1 July 2022.

After the latest interest rate hike, individuals can invest for a tenure of 44 months and earn up to 7.50 per cent per annum.

Bajaj Finance FD Interest Rates

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Bajaj Finance Senior Citizen FD Rates

Senior citizens can now do 7.65 per cent per annum for FDs of 36 to 60 months and 7.20 per cent per annum for FDs of 24 to 35 months.

special interest rate

Investors looking for higher returns and longer investment horizons can also opt for Bajaj Finance’s special tenor FDs. According to a press release issued by Bajaj Finance, these special rates are available for 15, 18, 22, 30, 33 and 44 months.

small monthly installment

Apart from fixed deposits, Bajaj Finance offers a systematic deposit scheme. Each investment is treated as a separate fixed deposit, with deposits starting from Rs. 5000 per month.