Home / Brand Post / Five reasons to start investing in a Bajaj Finance Fixed Deposit
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A suitable investment helps grow your wealth and provides you with financial flexibility. Investments in the current economy are essential to help you cope with increasing personal and financial needs. Of all the investment options you can rely on, a fixed deposit stands out for its safe and secured nature. 95% of Indians prefer this traditional investment option over others. And for those who want to gain more without compromising the safety of their deposit, NBFCs such as Bajaj Finance Fixed Deposit offer high FD interest rates.

Whether your goal is to fund a down payment for your new home or finance your next vacation, a Bajaj Finance Fixed Deposit with its high FD rates helps you fulfil it. This financial instrument offers you better returns than many other investments without the risk of losing your capital to market fluctuations. An FD helps you plan your finances confidently and ensure your dreams and obligations never take a back seat. Read on to know how the Bajaj Finance FD is beneficial for you due its high ROI.

Get lucrative returns on your investment

Getting high returns on your investment alongside safety is now possible with the Bajaj Finance Fixed Deposit. It offers you attractive returns with FD interest rates of up to 7.05%. Citizens below 60 years get a cumulative interest benefit of up to 6.80%. Senior citizens enjoy up to 0.25% p.a. additional interest rate benefit irrespective of whether they invest offline or online.

The interest rate offered to you depends on the investment tenor you choose.

Here is an illustration of the returns you would earn if you invested Rs. 3 lakh for 36 months with the payout at maturity.

Find out the returns you would earn if you invested Rs. 3 lakh for 36 months with the payout at maturity.
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Find out the returns you would earn if you invested Rs. 3 lakh for 36 months with the payout at maturity.

*Returns calculated using the FD calculator.

Invest affordably and flexibly

The Bajaj Finance Fixed Deposit allows you to invest starting at just Rs. 25,000. This way, you can start small and build your wealth with the high FD rates. You can plan your financial goals well and get a flexible investment tenor of 12 to 60 months. You can also ladder FDs depending on your goals by starting several FDs that mature at different intervals to meet your needs.

Remember, keeping your money invested for an extended period fetches you higher FD interest rates. While you also earn more when you choose payouts at maturity, you can also select regular payouts every month or quarter. This system allows you to make a stable income to meet your financial responsibilities, such as EMI payments or school fees.

Plan your investment with an accurate FD calculator

A healthy financial portfolio requires sound financial planning. Tools like the fixed deposit calculator offered by Bajaj Finance help you plan better as you can forecast your returns effectively. The calculator applies the interest rate applicable to you and instantly calculates the interest payout and maturity amount.

Build a corpus with the Systematic Deposit Plan

While a fixed deposit is traditionally an investment that requires a lump sum, Bajaj Finance offers the option of a Systematic Deposit Plan (SDP) where you can start your investment at just Rs. 5,000 every month. Each deposit serves as a separate FD, and you earn as per the prevailing FD interest rates. SDP is more like a SIP with monthly investments but no risk of market volatility. This plan is suitable for investors looking to methodically invest small amounts and gradually build a considerable corpus of funds.

Grow your wealth with a secured investment

Knowing where to invest makes all the difference when it comes to safety. The Bajaj Finance Fixed Deposit has been awarded the highest safety rating of FAAA/Stable and MAAA (stable) from CRISIL and ICRA. These ratings represent no risk, timely payments, and a default-free experience. With such surety, you can keep your savings invested for a more extended period and gain higher returns on your investment.

Therefore, individuals can easily invest in a Bajaj Finance online FD to benefit from high FD interest rates and a suite of other features.

Disclaimer: This content is distributed by Bajaj Finserv. No HT journalist is involved in creation of this content. 

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