Bajaj Finance: Bajaj Finance Lowers Deposit rates in some tenures

Bajaj Finance: Bajaj Finance Lowers Deposit rates in some tenures

Mumbai: Financial in Bajaj On Monday followed primary banks to lower deposits rates to some tenures to indicate policy rates. “These cuts at the rate are part of Transfer policy to monetary policyAnd other major NBFCs will follow soon, “says Vijaykuppa, CEO, who is shocked for money, or half a percentage point, or half percentage policy points since February.

Agencies

It also reduces high-deposit rates above, perhaps indicating the received hours of bajaj financial assets in a cycy of rainfall in a fallen rate of rates. This is the second reduction in Bajaj finance.
An 18 month deposit will get highest interest at 7.4%, while a 24-60 month deposit will earn 7.25%. The low tenure deposits of 12-14 months and 15-23 months will earn 7% and 7.35%, in fact. Senior citizens get an additional 55 basic score.

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