ANI PR Wire
03 Aug 2022, 16:15 GMT+10
Pune (Maharashtra) [India], August 3 (ANI/NewsVoir): If you are looking for a risk-free investment option, Fixed Deposit (FD) is a good choice.
FDs are the safest and most stable investments in the market. They offer interest and growth over time and provide you with a fixed return on your investment.
In spite of any changes in the card rate during the deposit period, fixed deposits guarantee interest income and principal payback at booked rates. Currently, senior adults can get higher interest rates up to 7.75% p.a. with Bajaj Finance Fixed deposit. Bajaj Finance Fixed Deposits enjoy an [ICRA]AAA (Stable), indicating the highest level of safety and lowest investment risk.
The following are some essential characteristics of a Bajaj Finance Fixed Deposit:
Earn an interest return on fixed deposits of up to 7.75 per cent p.a.
Investing requires a minimum of Rs 15,000.
Varying maturities with high FD rates.
Consider cumulative FD investments of Rs 3 lakh, Rs 5 lakh, and Rs 10 lakh; all booked at a common tenor of 44 months.
Investors below 60 years:
Senior citizen investor:
Disclaimer: All results were computed using the Bajaj Finance FD Calculator.
Systematic Deposit Plan
The Systematic Deposit Plan (SDP) is an industry-first monthly savings plan Bajaj Finance offers. It is one of the best monthly savings plans one can choose to invest in, where you can grow a corpus without having to invest a large sum in one go. Investments start at just Rs 5,000 per month.
The interest rate for senior citizens is as offered are as follows:
Special FD interest rates are also available for specific tenors.
Investing in a high return investment is now easier than ever. You can invest online from the comfort of your home by filling out a form and submitting minimal documents or you can visit your nearest Bajaj Finance FD branch. It is safe to state that Bajaj Finance online Fixed Deposit can effectively hedge your portfolio against risks and grow your savings reliably. Book a Bajaj Finance online FD from the comfort of your home and start the new month on the right foot.
Bajaj Finance Limited, the lending company of the Bajaj Finserv group, is one of the most diversified NBFCs in the Indian market, catering to more than 44 million customers across the country.
Headquartered in Pune, the company's product offering includes Consumer Durable Loans, Lifestyle Finance, Digital Product Finance, Personal Loans, Loan against Property, Small Business Loans, Home loans, Credit Cards, Two-wheeler and Three-wheeler Loans, Commercial lending/SME Loans, Loan against Securities and Rural Finance which includes Gold Loans and Vehicle Refinancing Loans along with Fixed Deposits. Bajaj Finance Limited prides itself on holding the highest credit rating of FAAA/Stable for any NBFC in the country today.
To know more, please visit: www.bajajfinserv.in.
This story is provided by NewsVoir. ANI will not be responsible in any way for the content of this article. (ANI/NewsVoir)
Get a daily dose of Nepal National news through our daily email, its complimentary and keeps you fully up to date with world and business news as well.
Publish news of your business, community or sports group, personnel appointments, major event and more by submitting a news release to Nepal National.
More InformationRIVERSIDE COUNTY, California: In his opening statement this week in the first U.S. trial over allegations that a car autopilot ...
SEATTLE, Washington: As part of Washington's efforts to stop Big Tech from monopolizing the most lucrative parts of the internet, ...
JEDDAH, Saudi Arabia: As part of Riyadh's efforts to further Saudi Arabia's electrification drive, electric vehicle (EV) maker Lucid announced ...
NEW YORK, New York - Stock prices were punctured Friday bringing to an end the 'flash in the pan' rally ...
WASHINGTON D.C. Due to internal brake fluid leaks that can cause an electrical short and could lead to engine fires, ...
WASHINGTON D.C. As part of its efforts to remove goods made by Uyghur forced labor from the U.S. supply chain, ...
SHAN STATE, Myanmar - According to a military source and a representative of a local rescue organization, a bomb explosion ...
DHAKA, Bangladesh - According to U.S. Ambassador to Bangladesh Peter Haas, addressing Dhaka's air quality problem is essential for public ...
ISLAMABAD, Pakistan - According to a high-ranking government official who briefed a parliamentary panel on Wednesday, although Pakistan has accelerated ...
KATHMANDU, Nepal - On Thursday, the National Human Rights Commission expressed its grave concern over attacks and mistreatment of medical ...
BEIJING, China - China and Nepal signed several agreements on Monday. The agreements were signed during a bilateral meeting between ...
DHAKA, Bangladesh - According to new research that ranks political violence worldwide, Bangladesh ranks 22nd out of the world's 50 ...