MUMBAI: Bajaj Finance Ltd,a Diversified non-banking finance Company (NBDCs), is offering an attractive interest rate 8.10 percent on fixed deposits (FD) to senior citizens.
Bajaj Finance Ltd’s fixed deposit has one of the highest approval ratings in the market, which means safety and reliability for every investor. In order to protect senior citizens from decline in interest rates, recently Government had announced a fixed 8 percent returns on 10-year bank deposits of up to Rs. 7.5 lakh.
Following the same principal, Bajaj Finance Ltd is offering a higher rate of interest for senior citizens for an amount as low as Rs 25000., company release said.
Bajaj Finance Ltd offers an attractive interest rate of 7.85 percent for the other age group. Customers can select the customer according to their need. Existing customer of Bajaj Finance will enjoy an extra 0.10 perecent on fresh deposits.
Customer can access a wide network of Bajaj Finance with a presence in 200+ cities to invest in this Fixed Deposit. Bajaj Finance’s FD, awarded with rating from CRISIL, ICRA, CARE & India Ratings, are available in various tenors from 12 to 60 months according to the customer needs, release added.