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Bajaj Finance hikes interest rate on fixed deposit

07 Oct 2022 Evaluate

Bajaj Finance has increased fixed deposit (FD) interest rate up to 30 bps (basis points). The FD interest rate has been raised for all categories of investors and tenures, resulting in faster investment growth. Any deposits made on or after October 7, 2022, will be subject to the increased interest rate.

All customers below 60 years can start investing with just Rs. 15,000 up to Rs. 5 crore and earn higher returns. For a tenure of 15 months, the interest has increased from 6.55% p.a. to 6.70% p.a.; for a tenure of 33 months, the interest rates have risen from 7.15% p.a. to 7.35% p.a.

All senior citizens can start investing with just Rs. 15,000 up to Rs. 5 crore and earn higher returns. For a tenure of 15 months, the interest has increased from 6.80% p.a. to 6.95% p.a., and for a tenure of 30 months, the interest rates have risen from 7.30% p.a. to 7.60% p.a.

Bajaj Finance, the lending company of Bajaj Finserv group, is one of the most diversified NBFCs in the Indian market catering to more than 40 million customers across the country.

Bajaj Finance Share Price

908.70 2.40 (0.26%)
17-Apr-2026 16:59 View Price Chart
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