Bajaj Finance FD Rates: Bajaj Finance has increased the interest rates on fixed deposits. The company has decided to increase FD interest rates by 35 basis points. Now up to 8.20 percent interest will be available on FD.
All the new interest rates on FD will be applicable from today i.e. March 4, 2023. Senior citizens will get a maximum interest of 8.20 per cent on FDs ranging from Rs 15,000 to Rs 5 crore for a period of 44 months. At the same time, those aged 60 years will get 7.95 per cent interest per annum in the same period.
According to the PTI report, the new rates will be applicable on all FDs with a period of 12 months to 60 months. The customer has the option to get this interest on the day of maturity, every month, quarter, six months or annually. You can open an FD with a minimum amount of Rs 15,000. At the same time, the maximum amount of online FD is five crore rupees. There is no maximum amount of offline. You can choose a tenure ranging from 12 to 60 months.
This much new interest will be received
Bajaj Finance’s FD of 12 to 14 months was earlier getting 7.15 per cent interest, which has now increased to 7.40 per cent. At the same time, earlier the interest in 15-month FD was 7.30 per cent, which has now increased to 7.45 per cent. Earlier the interest rate on FDs of less than 15 months to 23 months was 7.15 per cent, which has been increased to 7.50 per cent. In 18 months FD, the interest rate has been increased from 7.15 to 7.40 per cent. The interest rate for FD with a tenure of 22 months has been increased from 7.45 per cent to 7.50 per cent.
Rate of interest for a period of two years
The interest rate for a period of two years has increased from 7.50 per cent to 7.55 per cent. The interest rate on FDs of 25 months to 35 months has gone up to 7.35 percent. The interest rate for FD for a period of 30 months is 7.45 per cent. The rate on FDs with a tenure of 33 months has been increased from 7.70 per cent to 7.75 per cent. The interest rate for FDs with a period of 36 months to 60 months has increased from 7.60 to 7.65 percent. The interest rate of FD of 44 months has increased from 7.85 percent to 7.95 percent.
