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Company Name : Bajaj Finance Ltd.

Tuesday, February 12, 2019 11:25AM IST (5:55AM GMT)

(NSE:BAJAJFINSV)(BSE:532978)

Bajaj Finserv Launches Awareness Campaign #FDkiGuarantee


Pune, Maharashtra, India

Bajaj Finserv, through its lending and investment arm – Bajaj Finance Limited, has launched a digital campaign ‘#FDkiGuarantee’ to drive awareness on its product – Fixed Deposit. Under its ongoing campaign- ‘#FDkiGuarantee’, the company aims to highlight the unique proposition of Fixed Deposit like high credibility, an attractive rate of interest and benefits for senior citizens.

Bajaj Finance Limited offers 8.75% interest rate which can go up to 9.10%. These rates are offered on an annual basis, applicable under the cumulative and non-cumulative payout schemes on a 36-60 months tenor. The annual rate of interest is valid for deposits up to Rs. 5 crores. This FD ranks high on credibility and is accredited with a FAAA/stable rating by CRISIL and an MAAA(stable) rating by ICRA so the investments are never at risk. It doesn’t have any impact on market fluctuations so there are assured gains on the investments.

Senior citizens have additional benefit while investing in Bajaj Finance Limited Fixed Deposit, as they are eligible for an additional rate of interest as high as 0.35%. This is over and above the regular interest rate.
 

Tenor in Months Minimum deposit (in Rs.) Cumulative Non-Cumulative
Monthly Quarterly Half-yearly Yearly
12 – 23 25,000 8.00% 7.72% 7.77% 7.85% 8.00%
24 – 35 8.15% 7.88% 7.93% 8.00% 8.15%
36 – 60 8.75% 8.42% 8.48% 8.57% 8.75%
Special tenors scheme
15 Months 1,00,000 8.05% 7.77% 7.82% 7.89% 8.05%

About Bajaj Finance Ltd

Bajaj Finance Limited, the lending and investment arm of Bajaj Finserv group, is one of the most diversified NBFCs in the Indian market catering to more than 19 million customers across the country. Headquartered in Pune, the company’s product offering includes Consumer Durable Loans, Lifestyle Finance, Digital Product Finance, Personal Loans, Loan against Property, Small Business Loans, Home loans, Credit Cards, Two-wheeler and Three-wheeler Loans, Construction Equipment Loans, Loan against Securities and Rural Finance which includes Gold Loans and Vehicle Refinancing Loans along with Fixed Deposits and Advisory Services. Bajaj Finance Limited prides itself on holding the highest credit rating of FAAA/Stable for any NBFC in the country today.
 
Website Link: www.bajajfinserv.in


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News Summary

Bajaj Finserv, through its lending and investment arm – Bajaj Finance Limited, has launched a digital campaign ‘#FDkiGuarantee’ to drive awareness on its product – Fixed Deposit.