2.95 (0.27%) Bajaj Finance (BFL), the lending and investing arm of Bajaj Finserv, has increased fixed deposit (FD) rates by up to 40 basis points, for tenors of 36 to 60 months. These revised Bajaj Finance interest rates on deposits of less than Rs. 5 crore are effective from February 1, 2021. These revised interest rates shall be made applicable to fresh deposits and renewals of maturing deposits.
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.