Live Breaking News & Updates on Bajaj Finance Fd Rates
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Company FDs are unsecured investments that offer a fixed return. Corporate FDs pay higher interest than bank FDs, usually 0.75 per cent to 1.5 per cent higher. Senior citizens can even earn additional interest rates of 0.25 per cent to 0.5 per cent, depending on the company. At present, many AAA-rated company FDs offer interest rates of more than 8 per cent. So, what factors you should keep in mind while investing in corporate FDs. ET Wealth explains ....
NBFC major Bajaj Finserv has hiked interest rates on term deposits by 40 basis points. While general investors can earn an interest rate of up to 8.35 per cent at maturity, senior citizens can earn up to 8.60 per cent, for a fixed deposit starting at Rs 15,000 up to Rs 5 crore. The changes are with effective from 10 May 2023. aaa ....
According to the announcement, the interest rate for Bajaj Finance FDs with a maturity of 44 months will be 8.10 per cent p.a. for senior citizens, and 7.85 per cent p.a. for customers below 60 years of age.The new rates will be applicable to all new deposits and renewals with Bajaj Finance for a tenure of 12 to 60 months. ....
For deposits below Rs 5 crore for non-senior citizens, Bajaj Finance is now offering a return of 6.8 per cent on fixed deposits with a maturity period of 12-14 months. ....