New Delhi: Non-Banking Financial Company (NBFC) major Bajaj Finance has hiked the interest rates on fixed deposit (FD) schemes across tenures. The revised interest rates are for amounts starting from Rs 15,000 to Rs 5 crore, effective 4 March 2023.
BAJAJ FINANCE REVISED FD INTEREST RATES FOR SENIOR CITIZENS
| TENURE IN MONTHS | INTEREST PAYOUTS | ||||
| CUMULATIVE | NON-CUMULATIVE | ||||
| At Maturity | Monthly | Quarterly | Half-Yearly | Annually | |
| 12-14 | 7.65% | 7.39% | 7.44% | 7.51% | 7.65% |
| 15 | 7.70% | 7.44% | 7.49% | 7.56% | 7.70% |
| 15-17″}”>>15-17 | 7.75% | 7.49% | 7.53% | 7.61% | 7.75% |
| 18 | 7.65% | 7.39% | 7.44% | 7.51% | 7.65% |
| 19-21 | 7.75% | 7.49% | 7.53% | 7.51% | 7.75% |
| 22 | 7.75% | 7.49% | 7.53% | 7.61% | 7.75% |
| 23 | 7.75% | 7.49% | 7.53% | 7.61% | 7.75% |
| 24 | 7.80% | 7.53% | 7.58% | 7.65% | 7.80% |
| 25-29 | 7.60% | 7.35% | 7.39% | 7.46% | 7.80% |
| 30 | 7.60% | 7.44% | 7.49% | 7.56% | 7.60% |
| 31-32 | 7.60% | 7.35% | 7.39% | 7.46% | 7.60% |
| 33 | 8.00% | 7.72% | 7.77% | 7.85% | 8.00% |
| 34-35 | 7.60% | 7.35% | 7.39% | 7.46% | 7.60% |
| 36-43 | 7.90% | 7.63% | 7.68% | 7.75% | 7.90% |
| 44 | 8.20% | 7.91% | 7.96% | 8.04% | 8.20% |
| 45-60 | 7.90% | 7.63% | 7.68% | 7.75% | 7.90% |
Senior citizens can earn 8.20 per cent interest rate for a fixed deposit scheme of an amount between Rs 15,000 and Rs 5 crore, for a tenure of 44 months. For a period of 33 months, senior citizens can earn an interest rate of 8 per cent. For a period of 36-43 months and 45-60 months, senior citizens can earn an interest rate of 7.90 per cent.
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BAJAJ FINANCE REVISED FD INTEREST RATES FOR GENERAL CITIZENS
| TENURE IN MONTHS | INTEREST PAYOUTS | ||||
| CUMULATIVE | NON-CUMULATIVE | ||||
| At Maturity | Monthly | Quarterly | Half-Yearly | Annually | |
| 12-14 | 7.40% | 7.16% | 7.20% | 7.27% | 7.40% |
| 15 | 7.45% | 7.21% | 7.25% | 7.32% | 7.45% |
| 15-17″}”>>15-17 | 7.50% | 7.25% | 7.30% | 7.36% | 7.50% |
| 18 | 7.40% | 7.16% | 7.20% | 7.27% | 7.40% |
| 19-21 | 7.50% | 7.25% | 7.30% | 7.36% | 7.50% |
| 22 | 7.50% | 7.25% | 7.30% | 7.36% | 7.50% |
| 23 | 7.50% | 7.25% | 7.30% | 7.36% | 7.50% |
| 24 | 7.55% | 7.30% | 7.35% | 7.41% | 7.55% |
| 25-29 | 7.35% | 7.11% | 7.16% | 7.22% | 7.35% |
| 30 | 7.45% | 7.21% | 7.25% | 7.32% | 7.45% |
| 31-32 | 7.35% | 7.11% | 7.16% | 7.22% | 7.35% |
| 33 | 7.75% | 7.49% | 7.53% | 7.61% | 7.75% |
| 34-35 | 7.35% | 7.11% | 7.16% | 7.22% | 7.35% |
| 36-43 | 7.65% | 7.39% | 7.44% | 7.51% | 7.65% |
| 44 | 7.95% | 7.67% | 7.72% | 7.80% | 7.95% |
| 45-60 | 7.65% | 7.39% | 7.44% | 7.51% | 7.65% |
General citizens can earn a maximum of 7.95 per cent interest on a fixed deposit scheme of an amount between Rs 15,000 and Rs 5 crore, for a tenure of 44 months.
