Bajaj Finance Ltd.

BSE: 500034 | NSE: BAJFINANCE
Large Cap | Finance - NBFC
1087.70
-3.00 (-0.28%)
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Bajaj Finance offers secure investment options to customers through FD, SDP

Date: 23-02-2023

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.