Fixed Deposits (FDs) are regarded as the greatest investment option available today. If you intend to create a fixed deposit as well, you may now take advantage of the increased interest rate by opening a digital FD. You now have this chance thanks to the nation’s NBFC, Bajaj Finance. According to Bajaj Finance, customers who make FDs using digital channels would receive better interest rates.
We would like to inform you
that Bajaj Finance has initiated the Fixed Deposit (FD) mechanism via digital means. You can use the company’s app or website to make FD under this. According to the company, users can receive FD for 42 months. This program was introduced on January 2.
What rate of interest do you expect on FD?
Seniors will benefit from a higher interest rate on this Bajaj Finance FD. You can profit from an interest rate of 8.85% on a 42-month fixed-rate deposit (FD) if you book it using the Finserv app or website. In addition, the interest rate on this FD for those under 60 years of age is 8.60 percent. For 42 months, the new rates would be applied to both new deposits and renewals of completed deposits up to Rs 5 crore.
Business secretaries are converting clients to digital
Our FD service now allows depositors to think digitally, according to Sachin Sikka, Head of Fixed Deposit and Investment Division, Bajaj Finance. Here, the facility of higher interest is available especially on FD through Bajaj Finserv App and Web.
44.68 million people are online
By September 30, 2023. There were around 44.68 million net users on Bajaj Finance’s app platform out of 76.56 million clients. The Bajaj Finserv app is the fourth most downloaded app in the financial category on the Play Store in India. According to a data.io report. Simultaneously, as of September 30, 2023. The company has become the biggest in the nation with deposits exceeding 14 lakh and valued at Rs 54,821 crore.
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