Fixed Deposits: Let us tell you that Bajaj Finance has started the system of Fixed Deposit (FD) through digital medium. Under this, you can make FD through the company’s app or website. The company has said that customers are getting the facility to get FD for 42 months. This scheme has been launched from January 2, 2024. Bajaj Finance Limited has launched digital fixed deposit.
How much interest will you get on FD?
Senior citizens will get the benefit of higher interest in this FD of Bajaj Finance. If you book this FD on Finserv app and web, then you will get the benefit of interest rate of 8.85 percent on 42 months FD. Apart from this, people below 60 years of age will get interest rate of 8.60 percent on this FD. The revised rates will be applicable on new deposits and renewals of completed deposits up to Rs 5 crore for a period of 42 months.
Company secretaries are making customers digital
Sachin Sikka, Head of Fixed Deposit and Investment Division, Bajaj Finance, said that our offering on FD now enables depositors to think digitally. In this, the facility of higher interest is available especially on FD through Bajaj Finserv App and Web…’
44.68 million net users
As of September 30, 2023, Bajaj Finance has 76.56 million customers with about 44.68 million net users on its app platform. According to data.io report, Bajaj Finserv app is the fourth most downloaded app in the finance sector on Play Store in India. At the same time, by September 30, 2023, the company has emerged as the largest company in the country to book deposits worth Rs 54,821 crore and more than 14 lakh.
