A secure future is of paramount importance for every woman. And making safe investments is one way to ensure a stable tomorrow. Today, you will come across NBFCs offering lucrative FD rates for women, so they can meet their financial needs. Fixed deposits allow you to let your money grow without the fear of losing your money to unpredictable market fluctuations. As compared to other risk-free investment options, fixed deposits offer a higher rate of interest to women. Additionally, it is a liquid investment, which enables you to break your FD during unforeseen financial emergencies.
This article will help you identify the best FD interest rates for women offered by Bajaj Markets.
Let’s check out the FD interest rates offered by top banks to women in 2024.
Name of the Bank |
Regular Rate of Interest |
Punjab and Sind Bank |
3% - 5.30% |
ICICI Bank |
2.5% - 5.5% |
Bank of Baroda |
2.8% - 5.25% |
Axis Bank |
2.5% - 5.75% |
HDFC Bank |
2.5% - 5.5% |
State Bank of India |
2.90% - 5.4% |
Partner
|
Maximum Interest Rate
|
Maximum Tenor
|
Minimum Deposit Amount
|
|
---|---|---|---|---|
Bajaj Finance |
8.60% p.a. |
60 Months |
₹15,000 |
|
PNB Housing Finance |
8.15% p.a. |
120 Months |
₹10,000 |
|
Mahindra Finance Ltd |
8.30% p.a. |
60 Months |
₹5,000 |
|
AU Small Finance Bank |
8.50% p.a. |
120 Months |
₹1,000 |
|
YES Bank |
8.00% p.a. |
120 Months |
₹10,000 |
|
Ujjivan Small Finance Bank |
8.75% p.a. |
120 Months |
₹1,000 |
|
Bajaj Finance FD offers a profitable rate of interest ranging from 5.60% to 7.35%. Non-senior citizens can enjoy an extra 0.10% interest on investing online.
At Bajaj Markets, senior citizens enjoy an additional 0.25% interest, which goes up to 7.35%.
Here’s a list of benefits of FD for women:
Get fixed yet high returns
A flexible tenor to address your long-term and short-term financial needs
Get a loan against your FD
A regular flow of income on opting for non-cumulative fixed deposits
Start investing with a small deposit amount