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Is Bajaj Finance fixed deposit safe?

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Bajaj Finance is an Indian Non-Banking Financial Company (NBFC) which is a subsidiary of Bajaj Finserv. It is into consumer lending, SME lending etc. It offers a fixed deposit facility to people to park their savings for a fixed period of time. Bajaj Finance fixed deposit offers a high rate of return when compared to a savings bank account. It offers an interest rate of up to 8.1% for normal citizens and 8.35% for senior citizens. Fixed deposits offered by Bajaj Finance is available on a cumulative and non-cumulative basis. If you are planning to invest in Bajaj Finserv fixed deposit watch this video to know if it is safe. 




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