SDP: Safe Investments with High Returns in India

There are numerous investment and savings options available in India, though only a few promise to build a substantial financial asset even with a low sum. Systematic Deposit Plan is one such scheme which can be used even by new professionals to save their money while also building a corpus for their future. Furthermore, returns from such savings tools are not subject to market fluctuations and can be easily estimated.

Potential investors looking for safe investments with high returns in India should know the numerous advantages offered by Systematic Deposit Plans as a savings tool. Knowing the features offered on such plans can especially help individuals in deciding if these are the best option for a safe investment.

The features and benefits offered on Systematic Deposit Plans are discussed below in detail.


  • Amount of deposit


Individuals can begin investing in these types of fixed deposit schemes with a sum of as low as Rs.5,000. While this low sum allows new earners to easily begin investing in term deposits, lack of any limit ensures that higher deposits can also be made in such schemes.


  • High rate of interest


Among the numerous options for safe investments with high returns in India, such plans offer quite high rates of interest. Beginning at 7.6% per annum, this interest rate ensures that substantial revenue is generated on the plan. Additionally, this rate of interest can even go up depending on the age of the individual (senior citizens), account renewal, etc.


  • Choice of tenor


As safe investments with high returns in India, a major advantage offered by Systematic Deposit Plans is that of choice of tenors. While the minimum tenor for savings in this term deposit must be 12 months, investors can choose a maturity period of up to 60 months.


  • Date of deposition


Investors have the option to choose their date of deposition according to their convenience. Usually, three options are provided, though once an option is selected, it cannot be changed till the maturity of the savings deposit. The dates offered for choice are 3rd, 7th and 12th of every month.


  • Frequency of deposition


Investors choosing Systematic Deposit Plans as their safe investment with high returns in India can also select the number of deposits they want to opt for. The minimum number of deposits must be 6. Furthermore, individuals opting for these plans can also opt for a higher number of deposits, up to 48. The number of deposits must be decided upon when making the initial investment.

Furthermore, this can be also used to perfectly plan for their financial goals and save accordingly.


  • Easy eligibility


The eligibility criteria that must be fulfilled by every individual interested in opening a systematic deposit account is that of being above 18 years of age. Otherwise, there is no age limit for these plans. However, it is important to note that senior citizens are usually offered higher interest rates.


  • Simple documentation


The documents required for this safe investment with high returns in India are listed below –

  • Latest passport-sized coloured photographs.


  • PAN card of the applicant.
  • Government-issued identity proof like Voter ID, Aadhaar card, driving license, passport, etc.
  • Account payee cheque.
  • NACH mandate.
  • Premature withdrawal


Financial necessities can come up at any point in time. Consequently, Systematic Deposit Plans offer the option to its investors to withdraw a deposit that has completed 3 months, in case of emergencies. Note that the other deposits will still continue to generate interest, one of most beneficial features of this savings tool. Investors can use an SDP calculator to check the return on the rest of their deposits.


  • Option to avail a loan against fixed deposit


Investors can also avail a loan using this savings tool as collateral. Securing a loan against a systematic deposit ensures prompt approval of the application. Furthermore, individuals opting for loans against these plans are also eligible for affordable rates of interest.


  • Convenient deposition


A major advantage of Systematic Deposit Plans offered by leading NBFC Bajaj Finance is that investors do not have to be concerned about completing their periodic depositions on time. With their financial accounts linked to the savings deposit account via NACH, the deposition is directly completed, thereby removing the hassle for the investor.

Individuals considering to invest in such policies should also use an SDP calculator before applying. This allows them to estimate the exact revenue that can be generated on their deposit. However, it is important that potential investors decide their sum, the tenor duration and frequency of deposition before accessing the calculator.


Gaurav Khanna is an experienced financial advisor, digital marketer, and writer who is well known for his ability to predict market trends. Check out his blog at HighlightStory