Bajaj Finance Ltd. has unveiled a groundbreaking initiative aimed at enlightening individuals about the significance of smart investing. Effective April 3, 2024, the company has announced substantial enhancements in Fixed Deposit (FD) rates, offering an invaluable opportunity for individuals to learn and engage in prudent financial practices.
Of particular note is the impressive 8.85% return offered exclusively to senior citizens for a 42-month tenure, marking a substantial 60 basis points increase. This move not only encourages seniors to make informed investment decisions but also serves as a beacon of financial literacy for the wider community.
Sachin Sikka, Head of Fixed Deposits & Investments at Bajaj Finance, emphasized the importance of financial education, stating, “Our enhanced rates across several investment buckets present an attractive proposition for investors seeking stability.”
