AU Small Finance Bank Fixed Deposits Now Available on Bajaj Markets

Bajaj Markets, a subsidiary of Bajaj Finserv, has partnered with AU Small Finance Bank (AU SFB) to provide an avenue for booking AU Fixed Deposits (FDs) online. Individuals now have the opportunity to earn interest rates of up to 8.50% per annum through AU Fixed Deposits. The same is available for senior citizens on FD tenor of 24 months 1 day to 36 months.AU Small Finance Bank recently implemented an upward revision of its fixed deposit interest rates, which were made effective for FDs booked from August 16, 2023.

Individuals can seamlessly leverage the updated interest rates while having complete peace of mind regarding the security of their funds.In addition to facilitating the growth of one’s savings, shielded from market fluctuations, an AU Fixed Deposit can also provide the following benefits:Minimum investment starting from Rs. 1,000Flexibility to receive interest income monthly, quarterly, or cumulativelyZero-risk investment with insurance coverage of up to Rs. 5 Lakhs by the DICGCAvailability of overdraft facility against fixed depositsEasy auto-renewal and nomination facilitiesTenors ranging from 7 days to 10 yearsPremature or partial withdrawal of FDsWhile booking AU Fixed Deposits on Bajaj Markets, individuals can enjoy the following benefits:Simple online applicationEasy-to-meet eligibility criteriaQuick processingIndividuals have the convenience of booking an AU Fixed Deposit through the Bajaj Markets app or website. Furthermore, they can explore a range of investment avenues, including NPS, Sovereign Gold Bonds (SGBs), US Stocks, Mutual Funds, and more, all within the same platform.About Bajaj MarketsBajaj Markets, a subsidiary of Bajaj Finserv, and one of the fastest growing fintech in India, is a one-stop digital marketplace that offers multiple financial products across all categories – Loans, Cards, Insurance, Investments and Payments.

Bajaj Markets has partnered with some of the most trusted names to offer choice to its customers and help them achieve their life’s financial goals.Having started its journey as a fintech, Bajaj Markets has since then, built a very strong business as a fintech.

The technology services businesses of Bajaj Markets are built on their core capabilities in consumer insights, technology, and data analytics. The first B2B SBU of Bajaj Markets, Skaleup, has been created with a vision to become the leading digital technology services provider in India through deep domain expertise and execution capabilities.Bajaj Markets has built a new business unit to become the preferred partner for digital technology initiatives across all group companies of Bajaj Finserv. Herein, the strategy is to align with the objectives of digital technology roadmap of all the group companies of Bajaj Finserv and offer technology services and platforms at market competitive rates.