NBFC giant Bajaj Finance hiked fixed deposit interest rates on May 10, 2023
Bajaj Finance increased its FD rates by up to 40 basis points on deposits from 36 to 60 months tenure
They can fetch interest rate of up to 8.05% p.a. on deposits of 36-60 months
Depositors above 60 years of age can get 8.30% annually on deposits of 36-60 months
Bajaj Finance offers 8.60% p.a. interest rate to elderly for a special tenure of 44 months
FDs offered by Bajaj come with CRISIL’s AAA/Stable rating and [ICRA]AAA(Stable) rating