Bajaj Finance hikes FD interest rates up to 30 bps

Mumbai, Oct 07 Bajaj Finance, investing arm of Bajaj Finserv, has increased the interest rates on their Fixed Deposit (FD) programme by up to 30 basis points, for tenor between 24 to 30 months.

The new rates on Bajaj Finance FDs of up to Rs 5 cr, will go into effect from October 7, and will be applicable on fresh deposits and renewals of maturing deposits.

Bajaj Finance Fixed Deposits has also included special interest rates for all customers. With a special interest rate, one can now choose specific tenors to enjoy interest rates of up to 7.50 per cent (non-senior citizens).

Bajaj Finance FD Rates, effective from October 7, for a tenor of 44 months customers below 60 years of age can enjoy Special FD interest rate of 7.50 per cent while senior citizens can earn up to 7.75 per cent.