IGI Logo

Bajaj Finance is currently trading at Rs. 5418.95, up by 135.25 points or 2.56% from its previous closing of Rs. 5283.70 on the BSE.

The scrip opened at Rs. 5245.00 and has touched a high and low of Rs. 5470.45 and Rs. 5235.60 respectively. So far 61756 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 8043.50 on 19-Jan-2022 and a 52 week low of Rs. 5256.00 on 17-Jun-2022.

Last one week high and low of the scrip stood at Rs. 5612.95 and Rs. 5235.60 respectively. The current market cap of the company is Rs. 330201.10 crore.

The promoters holding in the company stood at 55.86%, while Institutions and Non-Institutions held 32.63% and 11.51% respectively.

Bajaj Finance has raised fixed deposit interest rates on various tenors 24-60 months by up to 20 basis points (0.20 per cent). This will not include deposits of 44 months tenor. The revised rates on Bajaj Finance FDs of up to 20 basis points are effective from June 14, 2022 and shall be applicable to fresh deposits and renewals of maturing deposits. With this, the depositors will earn 7.20 per cent cumulative return on deposits between 36 months to 60 months.

Senior citizens can reap the benefit of up to 0.25 per cent higher FD rates, which will offer assured returns of 7.45 per cent for 36 months to 60 months. With special interest rate, one can now choose specific tenors to enjoy interest rates up to 7.35 per cent per annum. For a tenor of 44 months customers below 60 years of age can enjoy FD interest rate of 7.35 per cent per annum, while senior citizens can earn up to 7.60 per cent per annum.

Bajaj Finance, the lending company of Bajaj Finserv group, is one of the most diversified NBFCs in the Indian market catering to more than 40 million customers across the country.