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Products
Fixed income
BAJAJ FINANCE LTD. FIXED DEPOSIT
BAJAJ FINANCE LTD. FIXED DEPOSIT
rate of interest (% p.a.)
Period (months)
Monthly Income Plan
Quaterly Option
Half-Yearly Option
Annual Income Plan
Cumulative Option
24
7.25 %
7.30 %
7.36 %
7.55 %
7.55 %
Minimum Amount (Rs)
15000
15000
15000
15000
15000
Maximum Amount(Rs)
5000000
5000000
5000000
5000000
5000000
Duration
24
Issuer
Bajaj Finance Limited
Institution
FINANCE COMPANY
Credit Rating
FAAA by Care, MAAA by ICRA
Cheque in Favour of
Bajaj Finance Ltd. A/c 00070350006738.Account paye
Tax Treatment of Income
Taxable returns
Tax Benefit on Investment
Not Applicable
Withdrawal
Not Available
Specifications
Suitable for investors in lower tax bracket or looking for safety with guaranteed returns
Pros
Guaranteed Returns, High Degree of Safety, 0.25% extra return for senior citizens.
Cons
Taxable Returns, Suited for Investors in lower tax bracket
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