Bajaj Finance Limited, the lending and investment arm of Bajaj Finserv group, is one of the most diversified NBFCs in the Indian market catering to more than 7 million customers across the country. Headquartered in Pune, the company’s product offering includes Consumer Durable Loans, Lifestyle Finance, Digital Product Finance, Personal Loans, Loan against Property, Small Business Loans, Home Loans, Credit Cards, Two-wheeler and Three-wheeler Loans, Construction Equipment Loans, Loan against Securities and Rural Finance which includes Gold Loans and Vehicle Refinancing Loans. Bajaj Finance Limited prides itself for holding the highest credit rating of FAAA/Stable for any NBFC in the country today.
The Monetary Policy Committee, constituted by the Reserve Bank of India and led by Shaktikanta Das, RBI Governor, decided to keep repo rates unchanged at 4% on April 7, 2021. This is the fifth consecutive time the RBI kept lending rates unchanged, in line with market expectations. (more)
The government has kept the inflation target unchanged at 4% for April 1, 2021 to April 1, 2026, under the RBI Act 1924. Under the monetary policy framework, inflation target can be within the band of 2% to 6%.
While the inflation went up to 5.1% in the recent times, it was m... (more)
As an investor, making smart investments can help secure one’s future as well as help one meet their short and long-term financial goals. With sound planning, one can earmark investments for the future – wedding in the family, child’s education needs, to build a sizeable fund for ... (more)
One of the safest and most sought-after investment instruments in the market today, Fixed Deposits (FDs) offer both protection of a fixed amount as well as a regular flow of income. At the same time, investing in FDs helps investors meet their financial goals over time.
Increasing market volatilities and rising interest rates are an opportunity for investors to park their savings in a fixed deposit. For those who haven’t cushioned their portfolio with low-risk fixed-income instruments, now is the time to lock into Bajaj Finance Online FD.
Highlights:
Revised interest rates are applicable to fresh deposits and renewals of maturing deposits
The revised rates are applicable on Fixed Deposits of less than Rs. 5 crores for tenors of 36 to 60 months
Bajaj Finance Limited (BFL), the lending and in... (more)
As all eyes are set on the Annual Budget 2021, which will be unveiled on February 1, 2021, volatilities in the stock market have been increasing steadily. In the past 10 budgets, benchmark indices have fallen six times in the week prior to the budget. The markets are also likely to remain volatile ... (more)
Fixed deposit has long been the go-to instrument for risk-averse investors looking for financial security and steady growth. In recent times, economic instability and revenue slumps have put a new shine on this traditional investment with young and old consumers looking to make the most of FD inter... (more)
ViTM, one of the newest telecom brands in India and Bajaj Finance Limited (BFL), the lending and investment arm of Bajaj Finserv Group has entered into a strategic partnership to facilitate easy access to smartphones at affordable EMIs, along with 6 months and 1-year pre-paid plans from ViTM. ... (more)
During recent months, the Reserve Bank of India has reduced the repo rate on multiple occasions, which resulted in banks lowering their interest rate on fixed deposit. With the upcoming Monetary Policy Meeting announcements on December 4, 2020, financiers are anticipating several policy changes. Re... (more)
