Home >Brand Post >Get assured returns up to 7.25% with Bajaj Finance FD

At the outset, as an investor, the pool of choices can be quite overwhelming. However, when it comes to safeguarding your hard-earned money, investing in a Fixed Deposit can be a great option. Amid falling FD interest rates and lower returns on deposits, Bajaj Finance Fixed Deposit comes across as a dependable investment option for steady growth of savings.

Why should you grow your savings with Bajaj Finance FD?

You can apply for a Bajaj Finance Fixed Deposit from the comfort of your homes as it offers a seamless, paper and hassle-free investment process. By investing online via the Bajaj Finserv website, you can also get an extra 0.10% rate, in addition to the assured interest rate up to 7% for non-senior citizens. For senior citizens, FD interest rates can go up to 7.25%, regardless of the mode of investment.

Bajaj Finance is offering one of the highest FD interest rates at a time when these interest rates are hovering around 5%, in the market. Even a small difference in FD interest rates can significantly impact the returns on your deposit.

To understand this better, let’s assume you deposit an amount of Rs. 25,00,000 in Fixed Deposit. Here’s a table detailing the interest amount and maturity amount, you will receive on investing.

Note: ROI in the above calculator may vary up to 4 bps with the actual rates offered
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Note: ROI in the above calculator may vary up to 4 bps with the actual rates offered (Bajaj Finance)

From the above table, you can see how your savings can steadily grow over 5 years. Investing in a Bajaj Finance online FD can be a lucrative option.

Highest safety of your deposit

When it comes to safeguarding your money with good returns, FDs have a long-standing reputation for being a low-risk instrument. But, to make an educated choice about investing in FD, you should always consider the safety of deposits that we make. Presently, Bajaj Finance Limited has the highest safety rating of depositing money, with the highest ratings of FAAA by CRISIL and MAAA by ICRA.

A deposit book of more than Rs. 25,000 crores and 2,35,000 unique FD customers also speak volumes about the trustworthiness of Bajaj Finance.

Convenient investment process

With Bajaj Finance online FD, you can look for a paperless online FD process. You can also choose tenures ranging from 12 to 60 months. Additionally, using their FD calculator, we can now analyze the right course of the investment. FD calculator will help you to align your short-term and long-term goals easily.

You can also choose to grow your savings with a Systematic Deposit Plan with deposits starting just Rs. 5000 per month. Make a smart choice with Bajaj Finance and make your savings grow easily.

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

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