Bajaj Finance increases FD rates for most tenure by up to 60 bps

Bajaj Finance Ltd. has unveiled a game-changing initiative aimed at transforming lives and fostering hope in communities nationwide. Effective April 3, 2024, the company has announced significant enhancements in Fixed Deposit (FD) rates, creating ripples of optimism and stability among individuals from all walks of life.

The true essence of this endeavor lies in the poignant stories of individuals like Mr. Gupta, a retired school teacher, whose eyes lit up with joy upon learning about the remarkable 8.85% return offered exclusively to senior citizens for a 42-month tenure. For Mr. Gupta and countless others, this increase of 60 basis points signifies more than just financial gain; it symbolizes a beacon of hope and security in uncertain times.

Sachin Sikka, Head of Fixed Deposits & Investments at Bajaj Finance, echoed this sentiment, stating, “Our enhanced rates across several investment buckets present an attractive proposition for investors seeking stability.”

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