Bajaj Finance Offers FDs for Senior Citizens with Interest Rates up to 8.20% p.a.
Bajaj Finance, the lending arm of Bajaj Finserv, has increased the interest rates on fixed deposits, with the rate for senior citizens hiked to 8.20% for a tenure of 44 months. The company has hiked FD rates by up to 35 basis points, for tenures between 15 months to 23 months, with effect from March 4, 2023.
Bajaj Finance is a reputed financial institution with a long-standing history of financial stability. It has credit rating of CRISIL AAA/STABLE and [ICRA]AAA(Stable), which indicates the highest level of safety and stability.
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