Fixed Deposit (fixed deposit) has been a preferred investment option for a large number of Indian investors over the decades. This is because of the secure nature of this device. Current FD interest rates are around 3-8% pa, which are decided on the basis of various factors like tenure and investor profile. However, if you are looking to earn higher returns on your investment without compromising on the safety of your deposit, Bajaj Finance Fixed Deposit is an ideal option.
One of India’s leading Non-Banking Financial Companies (NBFCs), Bajaj Finance has announced special rate benefits for all customers. The company is offering higher interest rates on Fixed Deposits (FDs) of select tenures. The particular tenures for which higher interest rates are being offered are 15, 18, 22, 30, 33 and 44 months. 10,00,000 in the table below. Depicting the interest rates and maturity amount for an investment of Rs. For both customers below the age of 60 years and senior citizens.
As you can see, the special rate benefits can significantly multiply the amount of interest earned on your FD. If you are looking for a safe and secure investment option with the potential to earn high returns, Bajaj Finance FD is a Good option. Here are some reasons why investing in Bajaj Finance Fixed Deposit is a smart option for investors:
1. Attractive interest rates
Bajaj Finance offers competitive interest rates on its Fixed Deposit schemes, which are among the highest in the market. These rates are fixed at the time of investment, which means investors can enjoy stable returns without worrying about market fluctuations.
2. Various Tenures
Bajaj Finance Fixed Deposit offers tenors ranging from 12 to 60 months, giving investors the flexibility to choose the investment tenure that suits their financial goals. The company also offers the option of premature withdrawal or partial withdrawal, however there will be loss of interest for the same.
3. Security of Investment
Bajaj Finance Fixed Deposit is highly rated in safety and security. These deposits are rated by CRISIL AAA/STABLE and [ICRA]AAA(Stable) rating has been given. This indicates that the company is a highly reliable and safe option for investment, making it an ideal choice for risk-averse investors.
4. Easy Access
Investing in a Bajaj Finance Fixed Deposit is easy and accessible. Customers can invest with an end-to-end online investment process. The company has a wide network of branches across the country, where investors can open a Fixed Deposit account easily and quickly.
5. High Quality Services
Bajaj Finance is known for its high quality customer service, focused on meeting the financial needs of its customers. Investors can access their Fixed Deposit details from the comfort of their homes through the online customer portal – My Account Can.
6. Timely interest payment and easy renewal
Bajaj Finance is also known for prompt payment of interest and easy renewal of the deposit scheme. The interest earned on the deposit is credited directly to the investor’s account on a monthly, quarterly or annual basis. Overall, Bajaj Finance Fixed Deposit is an excellent investment option that offers high interest rates, safety, flexibility, accessibility and excellent customer service. Investing in Fixed Deposit is a smart option for those who are looking to get the most out of their investments. Looking for safe and stable returns. With Bajaj Finance, investors can be sure that their investments are in safe hands.