Bajaj Finance Ltd., a trusted name in the financial realm, has announced a heartwarming initiative to uplift the spirits of grandparents across the nation. Effective April 3, 2024, the company has unveiled a significant boost in Fixed Deposit (FD) rates, specifically tailored to cater to the needs of our esteemed elders.
The highlight of this announcement is the remarkable 8.85% return offered exclusively to senior citizens for a 42-month tenure, marking a substantial 60 basis points increase. This gesture of appreciation acknowledges the invaluable contributions and wisdom imparted by our seniors, providing them with a secure avenue to nurture their savings and aspirations.
Sachin Sikka, Head of Fixed Deposits & Investments at Bajaj Finance, expressed heartfelt sentiments, stating, “Our enhanced rates across several investment buckets present an attractive proposition for investors seeking stability.”With a customer franchise exceeding 83.64 million and a robust deposits book surpassing Rs. 60,000 crore as of March 31, 2024, Bajaj Finance continues to prioritize the well-being and financial security of our cherished seniors.
