A fixed-rate deposit helps investors grow their savings at a higher interest rate than savings accounts because of its low risk. It can be convenient and safe to invest, along with the knowledge that your deposit is safe.
With FD interest rates of up to 6.75%, Bajaj Finance Limited offers a best FD schemes where you can quickly grow your savings and accomplish your financial goals. Moreover, Bajaj Finance Fixed Deposits can be invested online from the comfort of your home because it is a paperless process. Bajaj investment provides the best FD schemes that are hassle-free, reliable, and can guarantee great returns on investment among all the investment schemes offered in the market today.
Fixed deposit with Bajaj Finance offers several benefits
Fixed Deposit Returns Up to 6.75%
Bajaj Finance offers interest rates up to 6.50%, increasing to 6.75% for senior citizens. Fixed Deposits provided by Bajaj Investment offer you the opportunity to grow your assets, accumulate wealth, and reap guaranteed returns. It is also considered the best FD scheme available in the market.
High Rate of Interest for Senior Citizens
Bajaj Finance offers the best FD schemes for senior citizens. A fixed deposit is an excellent investment for senior citizens seeking a safe place to invest their savings. A senior citizen is entitled to an additional rate difference of 0.25% on a Fixed Deposit with Bajaj Investment. Seniors can also select regular payouts to fund their everyday expenses.
Fixed Deposit for Non-Resident Indians
A Bajaj Finance NRI Fixed Deposit is an excellent option for Non-Resident Indians, Persons of Indian Origin, and Overseas Citizens of India. NRIs, OCIs, and PIOs with NROs can choose from a range of tenors from 12 to 36 months, offered by Bajaj Investment. In addition, you can benefit from interest rates as low as 6.50% for new customers, while you can get interest rates on fixed deposits as high as 6.75% for senior citizens.
Systematic Deposit Plan
Customers can save small amounts of money every month through Bajaj Investment, Fixed Deposit’s Systematic Deposit Plan (SDP). Under the SDP, deposit periods shall range from 12 months to 60 months. Depositors can choose whether they want to make six or 48 deposits a month under SDP. Every deposit will carry the interest rate that was in effect when it was made.
In addition to the Systematic Deposit Plan, Bajaj Finance also offers two schemes tailored to meet the requirements of different savers – Monthly Maturity Schemes and Single Maturity Schemes.
When you choose the monthly maturity scheme, you can receive your maturity proceeds monthly. However, by selecting the single maturity scheme, you can receive all of your maturity proceeds at once.
High Credibility and Stability
Investors, regardless of their risk appetite, can invest safely in a Bajaj Finance Fixed Deposit. Listed with CRISIL’s FAAA/Stable rating and ICRA’s MAAA (stable) rating, your investments with Bajaj Finance Fixed Deposit are always safe.
Fixed Deposit Calculator
Plan your finances ahead of time by using FD Calculator to determine the maturity amount and rate of return on your FD in advance.
Flexible Tenor
Fixed Deposits from Bajaj Finance are available for a tenor of between 12 and 60 months, depending on your financial situation. In addition, you can ladder your investments to increase your cash flow. This can help you meet your liquidity needs.
FD starts with minimum amount of Rs 25000
The minimum investment amount for Bajaj Finance Fixed Deposits is Rs. 25,000, making it easier to invest. You don’t need to wait to build up a larger corpus to begin investing by investing this amount. As a result, it is possible to earn better returns on your investments even if you deposit less.
Hassle Free Online Process
You can now apply for one of Bajaj Finance’s online fixed deposits provided by Bajaj investment using the easy online application process. You will not have to submit lengthy documents or stand in long lines by opening a Fixed Deposit with Bajaj Finance. We offer you a solution to lock into attractive Fixed Deposit rates quickly using an end-to-end online process.
Loan against FD
After the initial lock-in period of 3 months, you can prematurely withdraw from the fixed deposit if you have an emergency. You can, however, take an easy loan against a fixed deposit to avoid loss of interest. If you borrow against an FD, the amount cannot exceed 75% of its value.
