0.90 (0.04%) 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.