NEW DELHI: Bajaj Finance Ltd., a non-banking finance company (NBFC), has introduced a new 39-month special tenor fixed deposit (FD) scheme, effective Tuesday, with the rate set at 7.85% for senior citizens. For non-senior citizens, the FD rate stands at 7.60%. However, the highest rate for senior citizens is fixed at 7.95% for 44 months. For non-senior citizens, the highest FD rate stands at 7.70% for the same tenor (44 months). A 12-23-month cumulative FD will fetch 6.80%, while a 15-month special FD will get 6.95% (for non-senior citizens).