Bajaj Finance Ltd., part of Bajaj Finserv, one of the country’s largest financial services groups, announced the launch of Digital Fixed Deposit (FD), offering exclusive rates of up to 8.85% on deposits booked via its App and Website. Bajaj Finserv has launched a Digital FD, promoting digital and assisted deposit booking, transforming the saving experience for customers. The app and website offer a simple, safe, and seamless FD booking process.
Bajaj Finance is offering senior citizens up to 8.85% per annum for 42-month FDs on the Bajaj Finserv App and web, and depositors below 60 years up to 8.60% per annum. The revised rates apply to fresh deposits and maturing deposits up to Rs 5 crore. Sachin Sikka, Head – Fixed Deposits & Investments at Bajaj Finance, said, “It isbuilt as a simple end-to-end digital journey with higher interest rates available exclusively on the Bajaj Finserv App and Web. It brings the FD opening experience into the digital age.”
Bajaj Finance has 76.56 million customers with44.68 million net users on its App platform as on September 30, 2023. The Bajaj Finserv App is the 4th most downloaded app in the financial domain on Playstore in India as per data.io report.
