Renu Baliyan       May 11, 2023

Top Bank Hikes FD Interest Rates, Senior Citizens Can Fetch 8.6% Now

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

Regular Citizens

Depositors above 60 years of age can get 8.30% annually on deposits of 36-60 months

Senior Citizens

Bajaj Finance offers 8.60% p.a. interest rate to elderly for a special tenure of 44 months

Highest Interest Rate

FDs offered by Bajaj come with CRISIL’s AAA/Stable rating and [ICRA]AAA(Stable) rating

AAA/Stable