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This AAA Rated FD Offers Interest Rates Of 7.45%

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Bajaj Finance is offering Fixed Deposit (FD) investment opportunities at a higher price now than many private and public banks in India. FD is one of the most trusted and secured investment tools where the investor can be assured about fixed returns after a fixed duration. Up to Rs. 5 lakhs of investment, FD investments are also insured by the union government, hence, that makes it a lucrative investment option with security. At a time when the equity markets are under pressure and gold rates are falling, FD can give fixed returns at the time of maturity.

 
This AAA Rated FD Offers Interest Rates Of 7.45%

Rating firm Crisil has given FAAA/Stable rating and ICRA has given MAAA/Stable rating to this FD. The Bajaj Finance FDs are giving up to 7.45% returns in long-term FD investment. Under this investment, one can start a deposit from Rs. 15,000. Below, the interest rates have been shared. An additional 0.25% interest rate will be applicable for senior citizens.

Interest rate for the public at maturity

Tenor in monthsInterest rate
36-607.00%
336.75%
447.20%

Interest rate for senior citizens at maturity

Tenor in monthsInterest rate
36-607.25%
337.00%
447.45%

Story first published: Tuesday, May 10, 2022, 20:12 [IST]
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