Home / Business and Economy / Bajaj Finance Ups FD Rates to 7.75%
Bajaj Finance Ups FD Rates to 7.75%
30 Apr
Summary
- Interest rates on fixed deposits increased up to 45 basis points.
- Select tenures now offer up to 7.75% for senior citizens.
- Revised rates effective May 1 for enhanced long-term yields.
Effective May 1, Bajaj Finance has elevated its fixed deposit interest rates by up to 45 basis points, enhancing long-term yields for depositors. The most significant increase is for the 31-60 month tenure, now offering 7.40% for general customers and 7.75% for senior citizens.
In addition to these revised rates, Bajaj Finance has made adjustments to other tenures by up to 10 basis points and restructured maturity slabs to provide greater flexibility. Depositors can choose from monthly, quarterly, half-yearly, or annual interest payouts, and can also avail of a loan against their FD without needing to break it.
These offerings continue to carry AAA/Stable ratings from CRISIL and ICRA, underscoring a high degree of safety. As of March 2026, Bajaj Finance served a substantial customer base of 119.33 million with assets under management reaching approximately ₹5,10,000 crore.
