Bajaj Markets, an online financial marketplace, offers a wide range of Fixed Deposits (FDs) through its partnerships with some of the leading Non-banking Financial Companies (NBFCs) in India. It allows investors to conveniently compare and invest in FDs from various NBFCs, ensuring a seamless and user-friendly experience for those looking to grow their savings.
NBFC typically provide higher FD interest rates than those offered by banks, making them an attractive option for investors seeking to maximise their returns. Investors can take advantage of these higher rates, benefitting from the stability and reliability that NBFCs offer.
While booking a fixed deposit, individuals can check the FD interest rates of the following NBFCs:
|
NBFCs |
Maximum Interest Rate (p.a.) |
Minimum Deposit Amount |
|
Bajaj Finance |
8.65% |
Rs. 15,000 |
|
Shriram Finance |
8.97% |
Rs. 5,000 |
|
Mahindra Finance |
8.35% |
Rs. 5,000 |
|
PNB Housing Finance Ltd. |
7.95% |
Rs. 10,000 |
Disclaimer: The above cumulative interest rates are subject to change at the NBFC’s discretion.
Features and Benefits of NBFC Fixed Deposits on Bajaj Markets
- Attractive Interest Rates: Often providing more favourable rates than traditional bank FDs, with higher rates offered to senior citizens over prevailing rates
- Flexible Tenor Options: Choose from a range of tenors, from a few months to several years, to match financial goals and liquidity needs
- Simple Online Application: A secure online process enables easy comparison and selection of FDs from multiple NBFCs with minimal documentation
- Flexible Payout Options: Select between cumulative options for compounded growth or non-cumulative options for regular interest payouts
- Safety and Security: Opt for FDs issued by reputable NBFCs with strong financial track records and high credit ratings from agencies like CRISIL and ICRA
Bajaj Markets is dedicated to providing a transparent and efficient investment experience, enabling investors to make informed decisions. With a range of high-interest NBFC FDs, investors have the opportunity to optimise their savings and achieve their financial goals with ease. Individuals can get started with their investment journey today by downloading the official Bajaj Markets app or visiting the website to book an FD.
About Bajaj Finserv Direct
Bajaj Finserv Direct, a subsidiary of Bajaj Finserv, is one of the fastest-growing fintech companies in India. It has two primary arms, Bajaj Markets, a financial marketplace, and Bajaj Technology Services, a techfin service provider.
Bajaj Markets is a marketplace that offers multiple financial products across all categories – Loans, Cards, Insurance, Investments, Payments, Pocket Insurance, and VAS. Bajaj Markets has partnered with trusted financial brands to offer “India ka Financial Supermarket”. A one-stop destination where its customers can explore a host of products that can help them achieve their financial life goals.
Having started its journey as a fintech, Bajaj Finserv Direct has also built a very strong business as a techfin. Through Bajaj Technology Services it offers a wide gamut of digital technology services which span Custom Applications, Enterprise Applications, Data & Analytics, Gen AI, Cloud Services and Digital Agency.
Visit the Bajaj Markets website or download the Bajaj Markets’ app from the Play Store or App Store to experience “India ka Financial Supermarket”.