Tag: Bajaj Finance

Business News, Feature, National News

Bajaj Finance redefines new car financing with high-value car loans of up to Rs. 10 crore

Pune, September 11, 2024. As the festive season approaches, the excitement of new beginnings and lavish celebrations fills the air. For many, this is the perfect time to fulfil a long-held dream—buying a new car. Bajaj Finance has redefined financing for new car purchases with its high-value new car loan of up to Rs. 10 crore. This loan product is designed to provide financial flexibility to customers allowing them to make their dream car a reality.  Whether it’s a luxury sedan or a rugged SUV, Bajaj Finserv New Car Loan unlocks a world of possibilities. With this car loan, individuals can get access to a generous loan amount by meeting some basic eligibility criteria and doing minimal paperwork.  Here are a few key features of the Bajaj Finserv New Car Loan: ...
Bajaj Finance hikes FD rates for most tenures by up to 60 bps; highest rate continues at 8.85% 
Business News, Feature, National News

Bajaj Finance hikes FD rates for most tenures by up to 60 bps; highest rate continues at 8.85% 

Pune, April 8, 2024. Bajaj Finance Ltd., part of Bajaj Finserv Ltd., one of the country’s largest financial services groups, has announced hikes in Fixed Deposits (FDs) ratesacross mosttenures. Effective April 3, 2024, the companyhas increased FD rates for senior citizens by up to 60 basis points in the 25-to-35-month tenure and 40 basis points in the 18-to-24-month tenure. For non-senior citizens, rates have been hiked by up to 45 basis points in the 25-to-35-month tenure,40 basis points in the 18 and 22monthtenures, and 35 basis points in the 30 and 33-month tenures. The move presents an opportunity for savers to secure stable and better returns in prevailing market conditions. Senior citizens can continue to avail FD rates of up to 8.85% and non-senior citizens can take b...
Bajaj Finance fixed deposit returns while minimising risks
Business News, Feature

Bajaj Finance fixed deposit returns while minimising risks

Jaipur, June 30, 2023. Fixed deposits have long been preferred investment avenues in the country. Almost 90% of Indian families consider FDs to be a reliable investment tool. And with good reason, since these are fixed-income instruments where the rate of interest does not depend on ever-changing market movements. The FD rate is locked in from the moment you book an FD up to maturity. Hence you can know the exact amount of earnings at maturity.   Usually, these instruments offer lower returns given the low-risk tendency of such instruments, however, Bajaj Finance, a leading financial institution, offers FDs at attractive interest rates maximising your returns while minimising investment risk.   Here are a few strategies that you can keep in mind ...
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