Bajaj Finance Records Over 50,000 Cr in Fixed Deposits in July 2023
₹50,000 crores in fixed deposits (FDs) in July 2023, making it country’s largest deposit taking NBFC (non-banking financial company). This is a significant milestone for Bajaj Finance, which has been growing its FD book at a rapid pace in recent years. The company's fixed deposits book has grown by over 46% in the last year, and it now has over 5 lakh depositors.
Bajaj Finance offers attractive interest rates on its FDs, which is one of the reasons for its popularity among investors. The company also offers a variety of FD products to suit the needs of different investors. The growth in the Bajaj Finance Fixed Deposit’s portfolio is a testament to the company's strong brand and customer base.
The company is well positioned to continue its growth in the coming years, and the deposit is a good option for investors looking for a safe and secure place to park their money. Let us look at a few factors that made this win possible and contributed to this momentous achievement: After this huge win, Bajaj Finance promises it’s customers that moving forward #NothingChanges. Their strategy has always been to offer investors the best long-term saving and investments options and providing the best customer experience.
They want to keep delivering on this commitment. If you are looking for a safe and secure investment with attractive interest rates, then Bajaj Finance FDs are a good option for you. Disclaimer: This article is a paid publication and does not have journalistic/editorial involvement of Hindustan Times.
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