-3.00 (-0.28%) Bajaj Finance is offering secure investment options to its customers through its fixed deposit (FD) and Systematic Deposit Plan (SDP), a variant of FD. By investing through these options, individuals can balance their investment portfolio with low-risk instruments and yield a stable return.
Currently, with the outstanding increase in the repo rate, from 4.00% in May 2022 to 6.50% till February 2023, Bajaj Finance also has revised its FD rates with effect from January 20, 2023. By investing a lump sum between Rs 15,000 and Rs 5 crore, individuals can now book FDs and secure an interest rate of up to 8.10% 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.