MoneyWorks4Me

Bajaj Finserv’s arm partners with YES Bank

11 Sep 2023 Evaluate

Bajaj Finserv’s subsidiary -- Bajaj Markets has partnered with YES Bank to provide individuals with a hassle-free way of opening a Fixed Deposit (FD) account online. A YES Bank FD offers returns of up to 7.75% p.a. to regular investors and up to 8.25% p.a. to senior citizens.

These rates are in line with the recent revisions in FD rates by YES Bank, with effect from May 2, 2023, and are applicable on FDs booked for a duration of 18-36 months. Investors can start their savings journey with Rs 10,000 and choose to receive their interest earnings on a monthly or quarterly basis, or at maturity.

To book a YES BANK FD, investors can simply visit the website or download the Bajaj Markets app. The platform also helps individuals create a diversified investment portfolio with other avenues to grow wealth as well.

Bajaj Finserv has established itself as a financial power house with interests in insurance, lending, asset management and wealth management.


Peers
Company Name CMP
Bajaj Finserv 1708.80
TVS Holdings 11450.00
Cholamandalam Fin. 1381.60
Altius Telecom Infra 174.00
Kama Holdings 2298.40
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