Bajaj Finance Limited offers 8.75% interest rate which can go up to 9.10%. These rates are offered on an annual basis, applicable under the cumulative and non-cumulative payout schemes on a 36-60 months tenor. The annual rate of interest is valid for deposits up to Rs. 5 crores. This FD ranks high on credibility and is accredited with a FAAA/stable rating by CRISIL and an MAAA(stable) rating by ICRA so the investments are never at risk. It doesn’t have any impact on market fluctuations so there are assured gains on the investments.
Senior citizens have additional benefit while investing in Bajaj Finance Limited Fixed Deposit, as they are eligible for an additional rate of interest as high as 0.35%. This is over and above the regular interest rate.
| Tenor in Months | Minimum deposit (in Rs.) | Cumulative | Non-Cumulative | |||
| Monthly | Quarterly | Half-yearly | Yearly | |||
| 12 – 23 | 25,000 | 8.00% | 7.72% | 7.77% | 7.85% | 8.00% |
| 24 – 35 | 8.15% | 7.88% | 7.93% | 8.00% | 8.15% | |
| 36 – 60 | 8.75% | 8.42% | 8.48% | 8.57% | 8.75% | |
| Special tenors scheme | ||||||
| 15 Months | 1,00,000 | 8.05% | 7.77% | 7.82% | 7.89% | 8.05% |
