HURRY UP! Bajaj Finance offers special FD interest of up to 7.95% | Check latest interest rate of banks
Bajaj Finance offers special FD interest of up to 7.95% | Check latest interest rate of banks - Your complete guide to list of banks offering over 7% interest rate on fixed deposits
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04:35 PM IST
Bajaj Finance offers special FD interest of up to 7.95% | Check latest interest rate of banks - Individuals can now enjoy high fixed deposite (FD) interest rates when planning to invest in Bajaj Finance Limited, the lending arm of Bajaj Finserv Limited.
The issuer has increased their FD rates by up to 25 basis points, for a tenure between 12 months to 23 months. The highest interest rate for senior citizens has been fixed at 7.95% for 44 months while non-senior citizens can earn up to 7.70 per cent p.a.
The revised rates on Bajaj Finance FDs shall be applicable on fresh deposits and renewals of maturing deposits of up to Rs 5 crore.
New fixed deposit rates introduced by Bajaj Finance
Here's list of banks offering over 7% interest rate on fixed deposits
Canara Bank
The Bank offers a special fixed deposit scheme that provides a 7.50% interest rate for a tenure of 666 days. The bank under the scheme is offering a 7% interest rate for general customers, whereas senior citizens will get a 7.5% interest on this fixed deposit plan.
Utkarsh Small Finance Bank
The Bank offers a fixed deposit scheme that provides up to 8.50 percent interest rate for a tenure of 700 days.
RBL Bank
The Bank offers a fixed deposit scheme that provides upto 7.75 per cent interest rate for a tenure of 725 days. The bank under the scheme is offering a 7.25 per cent interest rate for general customers, whereas senior citizens will get 7.75 per cent interest on this fixed deposit plan. This scheme is for the amount under Rs 2 crore.
Union Bank of India
Union Bank of India offers interest rates ranging upto 7 per cent on FDs for a tenure of 599 days.
IDFC First Bank
For 750-day fixed deposits, the bank offers 7.25 per cent to general customers and 7.75 per cent to senior citizens.
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