Bajaj Finance Increases Fixed Deposit Rates for Senior Citizens and Long-Term Investors
Bajaj Finance hikes FD rates by up to 45 bps from 1 May; senior citizens get up to 7.75% – check details
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Bajaj Finance has raised its Fixed Deposit (FD) interest rates by up to 45 basis points effective May 1, 2026. Senior citizens can now earn up to 7.75% per annum, while general customers will receive up to 7.40% for select tenures, enhancing returns for long-term investors.
- 01Bajaj Finance's FD rates increase by up to 45 basis points from May 1, 2026.
- 02Senior citizens can earn up to 7.75% per annum on FDs.
- 03The most significant hike is for the 31-60 months tenure.
- 04The revised rates aim to attract long-term investors and maintain liquidity.
- 05Investors are advised to consult financial advisors before making decisions.
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Bajaj Finance Limited, India's largest non-banking financial company (NBFC) by market capitalization, has announced an increase in its Fixed Deposit (FD) interest rates effective May 1, 2026. The rates for general customers will rise by up to 45 basis points, reaching 7.40% per annum for the 31-60 months tenure. Senior citizens will benefit even more, with rates climbing to 7.75% for the same tenure. This adjustment aims to provide higher returns for long-term investors while offering greater flexibility across various tenures. The revised structure is designed to reward long-term depositors and maintain a strong liquidity position. Bajaj Finance's AAA/stable credit rating from ICRA and CRISIL assures investors of high safety and timely repayments. Potential investors can open accounts digitally and choose between cumulative and non-cumulative payout options. However, it is recommended that individuals consult certified financial advisors to make informed investment decisions.
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The increased FD rates will provide better returns for conservative investors and senior citizens, helping them combat inflation and market volatility.
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