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This NBFC has increased its FD interest rates! Customers will get more returns

Bajaj Finance FD Rates Hike: The Central Government is taking many steps to control the rising inflation in the country. Recently, the central bank i.e. Reserve Bank of India has decided to increase the repo rate in May and June. In such a situation, overall the repo rate has been increased by 0.90 percent. After this decision, all the banks have decided to increase the interest rates of their loans. Along with this, many banks have also decided to increase the interest rates of their FD and savings account. In such a situation, now customers will get more returns on investing in these schemes.

The country’s largest NBFC Bajaj Finance has decided to increase the interest rate on its fixed deposit scheme (Bajaj Finance FD Rates Hike). This interest rate has been increased on FD of 5 crores. These new interest rates have also been implemented from today i.e. from July 1, 2022. Bajaj Finance has increased by 35 to 40 basis points.

Bajaj Finance is giving such interest rate to common customers on normal FD-

    • 12 to 23 months – 6.20%
    • 24 to 35 months – 6.95%
    • 36 to 6-months- 7.40%

Bajaj Finance is giving such interest rate to senior citizens on normal FD-

    • 12 to 23 months – 6.45%
    • From 24 to 35 months -7.20%
    • 36 to 6-months-7.65%

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