Disclaimer
Loading data. Please wait...
Aditya Birla Money My Universe :: Investments

Bajaj Auto Finance Ltd

Back

Bajaj Auto Finance Ltd was incorporated on 25th March 1987; Bajaj Auto Finance Ltd is primarily engaged in the business of financing of two wheelers, consumer durables, personal loans, small business loans, mortgages, construction equipment, and loan against securities...

Read More...
CREDIT RATING : FAAA
SCHEME :

TENURE :
RATE OF INTEREST% : 7.76%
MINIMUM AMOUNT : 5000

SENIOR CITIZEN :

(Sr citizen's are entitled to get 0.25%additional interest. Select
this check box If have completed 60 years of age.)

Interest Rates
PERIOD NON CUMULATIVE SCHEME
Yearly %
(p.a)
Half Yearly % (p.a) Quaterly % (p.a) Monthly % (p.a)
CUMULATIVE YIELD
% (p.a)
36 Months NA NA 7.00% NA 7.76%
12 Months NA NA NA 9.35% NA
ABOUT Bajaj Auto Finance Ltd



Bajaj Auto Finance Ltd was incorporated on 25th March 1987; Bajaj Auto Finance Ltd is primarily engaged in the business of financing of two wheelers, consumer durables, personal loans, small business loans, mortgages, construction equipment, and loan against securities.

Bajaj Auto Limited is one of the leading manufacturers of two wheelers & three wheelers in the country and Bajaj Auto Holdings Limited is an investment company that is a wholly owned subsidiary company of Bajaj Holdings & Investment Limited.





Credit Rating :
“FAAA / Stable” Rating by CRISIL

​Bajaj Auto Finance Ltd was incorporated on 25th March 1987; Bajaj Auto Finance Ltd is primarily engaged in the business of financing of two wheelers, consumer durables, personal loans, small business loans, mortgages, construction equipment, and loan against securities.​


Minimum Amount:
minimum.jpg

Maximum Amount :
"No Limits"

Tax Deduction at Source :
Income tax will be deducted at source from the amount of interest payment to the depositor in accordance with the provision of the Income Tax Act, 1961. At present tax is deductable if the aggregate amount of interest payment to a resident during a financial year exceeds Rs 5,000/-. However Income Tax will not be deducted if declaration in Form 15G/15H, in duplicate, as prescribed under the Income Tax Act, 1961.

Risk Factors :
The deposits are unsecured and rank pari passu with other unsecured liabilities of the Company
Please refer to the respective application form for detailed terms and conditions.


Who Can Apply
1. Resident Individuals
2. Hindu Undivided Families (HUF) through their Karta.
3. Minors (through Natural Guardians)

Cheque/Demand Draft : Chq/DD should be drawn on "BAJAJ AUTO FINANCE LIMITED – FIXED DEPOSIT ACCOUNT" and crossed “A/C Payee only”

Top Rated Companies

Company Ratings Interest%
Mahindra & Mahindra Financial Services Ltd CRISIL -FAAA 9.25%
Bajaj Finance Ltd FAAA 9.75%
Shriram Transport Finance Co. Ltd CRISIL-FAA+ 9.25%
PNB Housing Finance Ltd FAA+/Stable 9.65%
HDFC Ltd CRISIL-FAAA 9.25%
Gruh Finance Ltd CRISIl-AAA 9.00%
*Interest rates offered by the companies are subject to change with or without giving any prior notice.

Fixed Deposit Calculator

This Fixed Deposit (FD) Calculator helps you find out how much interest you can earn on an FD and the value of your invesment (Principal) on Maturity when compounding of interest is done on a monthly, quarterly, half-yearly or yearly basis.

%
Tenure Period
| 1 | | | | | | | | | | | 30 |years
0