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.