Latest Fixed Deposit Interest Rates in 2022
To deal with the liquidity issues, banks have started increasing Fixed Deposit rates slowly. However, the bank fixed deposit rates are still not lucrative as they were a few years before. Therefore, if you are planning to invest in FDs, corporate FDs can be a better option in many ways.
Bajaj Finance FD, for instance, is offering a high FD interest rate of up to 6.80% currently. For senior citizens the FD rate can go up to 7.05% as they get a 0.25% extra FD rate than others. These FD rates are enough to generate one of the highest FD interest rates which will be much higher than bank FDs or even post office term deposits.
With Bajaj Finance FDs, you don’t have to wait for long if you want to withdraw your deposits prematurely. Only wait for the deposits to complete a tenor of 3 months from the deposit date and the decision to continue with the investment or not will be yours.
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