Hurry ! Bajaj Finserv™ Fixed Deposit is reducing Interest Rate w.e.f Sep 3, 2019, Currently, you may earn Interest Rate upto 8.95% p.a




Hurry ! Bajaj Finserv™ Fixed Deposit is reducing Interest Rate w.e.f Sep 3, 2019, Currently, you may earn Interest Rate upto 8.95% p.a




New Interest Rates Applicable w.e.f Sep 3,2019



Below mentioned is the new rates. There are also a few changes(highlighted in yellow) in the additional benefits which are highlighted below the rate chart.

For new customers:

Tenor in months
Minimum deposit (in Rs.)
Cumulative
Non-Cumulative
Monthly
Quarterly
Half Yearly
Annual
12 – 23
25,000
8.00%
7.72%
7.77%
7.85%
8.00%
24 – 35
8.05%
7.77%
7.82%
7.89%
8.05%
36 - 60
8.35%
8.05%
8.10%
8.18%
8.35%

For senior citizens (upto 0.35% above the card rate):

Tenor in months
Minimum deposit (in Rs.)
Cumulative
Non-Cumulative
Monthly
Quarterly
Half Yearly
Annual
12 – 23
25,000
8.35%
8.05%
8.10%
8.18%
8.35%
24 – 35
8.40%
8.09%
8.15%
8.23%
8.40%
36 - 60
8.70%
8.37%
8.43%
8.52%
8.70%

For Bajaj Group employees, Bajaj Finance Ltd customers and Bajaj Allianz Life Insurance policyholders (upto 0.10% above the card rate):

Tenor in months
Minimum deposit (in Rs.)
Cumulative
Non-Cumulative
Monthly
Quarterly
Half Yearly
Annual
12 – 23
25,000
8.10%
7.81%
7.87%
7.94%
8.10%
24 – 35
8.15%
7.86%
7.91%
7.99%
8.15%
36 - 60
8.45%
8.14%
8.20%
8.28%
8.45%


Important Dates:
  • All application forms to reach BFL FD accepting offices Pan India on 31st Aug 2019 by 16:00 hours.
  • For funds received on or before 2nd Sept, Those applications will get the old ROI(subject to application form submitted in BFL office by 31st Aug 2019).
  • All renewal applications whose due date is on or after 3rd Sept 2019, will get the new ROI(irrespective of when the renewal application is submitted).
  • Please note that 1st Sept is a Sunday and 2nd Sept is a festival with bank holidays in many states. Please plan accordingly for the funds to be received in BFL as mentioned in the above Pt. no. 2.


Important points:
  • Senior citizens will continue to get upto 0.35% above the card rate.
  • Bajaj Group employees, Bajaj Finance Ltd customers and existing Bajaj Allianz Life Insurance policyholders will get upto 0.10% (instead of 0.25% earlier) above the card rate
  • Renewal benefit continues to be 0.10%.
  • Renewal benefit and existing customer benefit will be available to individual customers only.
  • We have discontinued the 15 month special tenure scheme.
  • For fresh cases: All cases in which money is received by us on and after 03 Sep 2019 will get the new rate.
  • For renewal cases: All cases which renew on and after 03 Sep 2019 will get the new rate.
  • In cases where forms are logged in before 03 Sep, while corresponding funds are received on or after 03 Sep, customer will have to sign a declaration of acceptance of new rates of interest. We will roll out the declaration shortly.
  • All of these changes are applicable to NRI deposits.






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