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Bajaj Finance Fixed Deposits with Unique Tenure and Attractive 8.85% Interest Rates

Bajaj Finance Fixed Deposits with Unique Tenure and Attractive 8.85% Interest Rates
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How banks increased customer-backed process transformation during pandemic

A small step by banks in the process of transformation linked to customer value creation not only helped Indian PSU banks to increase value for the customers thus willing to pay but also helped the bank reduce cost and increase margins and reduce risks. ....

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Jana Small Finance Bank extends overdraft facility against fixed deposits

Jana Small Finance Bank extends overdraft facility against fixed deposits
Customers can avail this facility instead of liquidating the FD to meet their liquidity requirements.
To offer financial support to many affected by COVID-19, Jana Small Finance Bank Ltd has extended its Overdraft (OD) facility Against Fixed Deposit (FD) at a nominal interest rate to all its customers across India.
The interest rate on this facility is 0.25 percentage points over and above the FD rate with a utilisation of 50 percent or more. Under this facility, up to 90 percent of the FD value can be availed as OD. The special pricing will be available to its existing customers till 31 ....

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