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NRI Fixed Deposit – Features and Benefits | Bajaj Finance

NRI Fixed Deposit – Features and Benefits | Bajaj Finance Bajaj Finance Limited is now accepting fixed deposits from NRIs, Overseas Citizens of India and Persons of Indian origin.

NRI Fixed Deposit Open online:

NRIs, OCIs and PIOs can choose tenors between 12 to 36 months, and reap the benefits of high interest rates up to 8.60% for new customers and up to 8.95% for senior citizens.

For NRIs looking for smart investment options to grow their savings, here’s what you need to remember, before investing in NRI Fixed Deposits:

1) As an NRI, invest your money only through NRO accounts
2) Here are the TDS rates applicable for NRI Fixed Deposit in India:
a) 31.2%: If annual interest on deposit is less than Rs. 50 lacs
b) 34.32%: If annual interest on deposit is more than Rs. 50
lacs, but less than 1 Cr
c) 35.88%: If annual interest on deposit is more than 1 Cr

You can start paying easily through a cheque or an RTGS/NEFT from your NRO bank account. You can also get guaranteed returns, along with multi-deposit and auto-renewal facilities.

By investing in a Bajaj Finance Fixed Deposit, you can safeguard yourself from stock market fluctuations, and reap the benefits of periodic interest payouts. Investing in this FD is very easy, and you can easily grow your savings while getting guaranteed returns.
Watch this video to learn more about investing in NRI Fixed Deposit.

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