Bajaj Finance revolutionizes investment landscape with enhanced fixed deposit rates

Bajaj Finance Ltd. has unleashed a wave of disruption with its latest announcement. Effective April 3, 2024, the company has leveraged cutting-edge technology to elevate Fixed Deposit (FD) rates, signaling a paradigm shift in the investment landscape.

The highlight of this technological marvel is the remarkable 8.85% return offered exclusively to senior citizens for a 42-month tenure, marking a substantial 60 basis points increase. This unprecedented move showcases Bajaj Finance’s commitment to harnessing innovation for the betterment of investors.

Sachin Sikka, Head of Fixed Deposits & Investments at Bajaj Finance, emphasized the transformative power of technology, stating, “Our enhanced rates across several investment buckets present an attractive proposition for investors seeking stability.”