May 14
0
Bajaj Finserv Fixed Deposit (FD) Interest Rates 2018
The highly secured nature of these FDs is evident from its FAAA rating from Crisil and MAAA rating from ICRA respectively.
The updated/revised list of Bajaj Finserv Limited FD Rates for 2018, for Regular and Senior Citizen, is listed below:
| Bajaj Finserv FD Rates 2018 (Cumulative FDs) | ||
|---|---|---|
| Tenure | Regular Interest Rates (per annum) | Senior Citizen Interest Rates (per annum) |
| 12 months to 23 months | 7.60% | 7.95% |
| 24 months to 35 months | 7.53% | 8.15% |
| 36 months to 60 months | 7.85% | 8.20% |
*Interest rates are revised from time to time and can be changed by the institution without prior notice
| Bajaj Finserv FD Rates 2018 (Non-Cumulative FDs) | ||||
| Tenure | Regular Interest Rate (per annum) | |||
| Annual | Half-yearly | Quarterly | Monthly | |
| 12 months to 23 months | 7.60% | 7.46% | 7.39% | 7.35% |
| 24 months to 35 months | 7.80% | 7.65% | 7.58% | 7.53% |
| 36 months to 60 months | 7.85% | 7.70% | 7.63% | 7.58% |
*Interest rates are revised from time to time and can be changed by the institution without prior notice
| Bajaj Finserv FD Rates 2018 (Non-Cumulative FDs) | ||||
| Tenure | Senior Citizen Interest Rate (per annum) | |||
| Annual | Half-yearly | Quarterly | Monthly | |
| 12 months to 23 months | 7.95% | 7.81% | 7.74% | 7.70% |
| 24 months to 35 months | 8.15% | 8.00% | 7.93% | 7.88% |
| 36 months to 60 months | 8.20% | 8.05% | 7.98% | 7.93% |
*Interest rates are revised from time to time and can be changed by the institution without prior notice
Bajaj Finserv Cumulative FD Rates
- Cumulative fixed deposits allow investors to put their money in for a said duration.
- The interest is paid along with the principal at the time of maturity.
- The best FD rate paid in this slab is 7.85% p.a. for a tenure that ranges between 36 months to 60 months.
- The deposit rate of this type of time deposit ranges from 7.60% p.a.to 7.85% p.a.
Bajaj Finserv Non-Cumulative FD Rates
- In case of non-cumulative term deposits the interest is paid at different time intervals such as monthly, quarterly, half-yearly and annually.
- In case on monthly interest paying time deposits, the rate of interest ranges between 7.35% p.a. to 7.58% p.a.
- When it comes to quarterly FDs, the deposit rate ranges between 7.39% p.a. to 7.63% p.a.
- For all half-yearly interest paying time deposits, the rate of interest varies between 7.46% p.a. to 7.70% p.a.
- An interest rate that varies between 7.60% p.a. to 7.85% p.a. is paid on yearly compounding FDs.
Bajaj Finserv Senior Citizen FD Rates
- All those who are above 60 years of age, the rate of interest paid is 0.35% p.a.
- They can opt for cumulative and non-cumulative term deposits.
- The best FD rate offered is 8.20% p.a. for a tenure that ranges from 36 months to 60 months for cumulative term deposits.
- For all monthly non-cumulative time deposits, the rate paid ranges between 7.70% p.a. to 7.93% p.a.
- The interest rate range varies between 7.74% p.a. to 7.98% p.a. For quarterly term deposits.
- When it comes to half-yearly fixed deposits, the rate of interest ranges between 7.81% p.a. to 8.05% p.a.
