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.
| Company Name | CMP |
|---|---|
| Bajaj Finance | 908.70 |
| Shriram Finance | 1036.50 |
| Aditya Birla Capital | 340.20 |
| Chola Invest & Fin. | 1579.65 |
| Tata Capital | 337.60 |
| View more.. | |
MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.
To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.
MoneyWorks4Me ensures this through: