2.70 (0.25%) Bajaj Finance has launched Systematic Deposit plan-a monthly savings plan, for those looking to invest in Fixed Deposit through small monthly savings. Starting at just Rs 5000 per month, investors can reap the benefit of interest rates prevailing on the date of every monthly deposit, which are applicable to that particular deposit. With the number of monthly deposits ranging from 6 to 48, investors can choose tenors ranging from 12 to 60 months. At the end of tenor for each monthly deposit, the maturity amount, comprising the investment amount and earned interest, will be credited into their respective accounts.
Bajaj Finance, the lending and investment arm of Bajaj Finserv group, is one of the most diversified NBFCs in the Indian market catering to more than 19 million customers across the country.