The CRISIL rating assigned to Bajaj Finance for fixed deposits reflects its security for investors’ benefit.
CRISIL has given Bajaj Finance Fixed Deposits an CRISIL AAA/Stable (Reaffirmed) rating. It indicates the best safety standards and lowest risk. Bajaj Finance FDs have also been rated as [ICRA]AAA (Stable) (reaffirmed) by ICRA Limited as well.
While fixed deposits are considered a safe investment avenue, high CRISIL ratings provide an added layer of security. These ratings assess the safety and creditworthiness of the FD issuer. With this information, you can make a well-informed investment decision.
CRISIL was India’s first credit rating agency. It offers credit ratings, research, and risk levels of companies and their financial products and services. CRISIL ratings are used to evaluate the creditworthiness of a financial institution.
You can conduct an internal review of several NBFCs before investing in an FD since these tools are exposed to inflation risks. If you belong to a high tax bracket, pay attention to your asset allocation. This is crucial to help you assess inflation and falling interest rates.
Refer to the following table to know the various CRISIL ratings for FDs:
Long-term Credit Rating |
Fixed Deposit Rating |
|
For Banks |
For Non-bank Entities |
|
CRISIL AAA |
FAAA |
FAAA |
CRISIL AA+ |
FAAA |
FAAA |
CRISIL AA |
FAAA |
FAA+ |
CRISIL AA- |
FAA+ |
FAA |
CRISIL A+ |
FAA |
FAA- |
CRISIL A |
FAA- |
FA+ |
CRISIL A- |
FA+ |
FA |
CRISIL BBB+ |
FA |
FA- |
CRISIL BBB |
FA- |
FA- |
CRISIL BBB- |
FA- |
FA- |
CRISIL BB+ |
FB+ |
FB+ |
CRISIL BB |
FB+ |
FB+ |
CRISIL BB- |
FB+ |
FB+ |
CRISIL B+ |
FB+ |
FB+ |
CRISIL B |
FB |
FB |
CRISIL B- |
FB- |
FB- |
CRISIL C+ |
FC+ |
FC+ |
CRISIL C |
FC |
FC |
CRISIL C- |
FC- |
FC- |
CRISIL D |
FD |
FD |
Frequently Asked Questions
What is CRISIL Rating?
The global agency CRISIL provides CRISIL ratings. The creditworthiness of debt instruments and financial organisations is represented by CRISIL. These credit ratings assist borrowers and investors in finding the most suitable financier with the lowest credit risk of default.
What are the risks of investing in Fixed Deposits?
Returns on FDs are frequently equal to or less than inflation, resulting in wealth erosion for the holder. Fixed deposit investors, particularly those in the highest tax bracket, must pay special attention to their asset allocation in the face of rising inflation and falling interest rates.
What are the benefits of CRISIL ratings?
CRISIL Rating assists issuers and borrowers in enhancing their access to capital by recommending various funding and investment options. The CRISIL rating also aids the financial entity in lowering its cost of funds.
What are the CRISIL FD ratings of Bajaj Finance FDs?
CRISIL has given Bajaj Finance Fixed Deposits an FAAA/Stable rating, indicating the best safety and lowest investment risk. Another advantage to invest in Bajaj Finance FDs is that they have an ICRA grade of MAAA (stable).
What are the benefits of Bajaj Finance Fixed Deposits?
The Bajaj Finance Fixed Deposit offers competitive interest rates of up to 7.45 percent. Aside from the security of investment and set returns, FDs have a number of other advantages. In the event of a financial emergency, you can also take a loan against the FD.
Get up to 9.40% p.a. interest, inclusive of additional benefit of 0.50% p.a. for senior citizens and 0.10% p.a. for women
