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The term VUCA, which stands for volatility, uncertainty, complexity, ambiguity, has become increasingly popular in the past few years. However, it has never been more relevant than in today’s economic climate. Amidst the unstable and fast-changing nature of today’s economy, choosing the right investment instruments can be tricky.

Where to invest for the highest growth of savings?

For investors seeking steady growth of savings, the present economic conditions threw a spanner in the works, with respect to fluctuating stock indices, galloping crude oil prices, and repo rate cuts. Thus, the options to grow savings in a safe environment, are very limited. And most of the options available offer very low returns.

In this scenario, choosing to invest in a Fixed Deposit can be a smart choice, as you can look for assured returns. However, the repo rate cuts in the recent past led to a fall in FD interest rates across different financial institutions.

While there are financiers offering higher interest rates, there’s always a concern of safety of your savings. For those looking for steady growth of savings with higher interest rates, Bajaj Finance FD can be a smart investment choice.

Here are some reasons that will help you understand why Bajaj Finance FD is one of the safest investment avenues for you.

No effect of market fluctuations

Bajaj Finance FD offers higher returns on your deposit, which are unaffected by external factors, like market fluctuations, or changing economic policies. Once you’ve locked into Bajaj Finance online FD, you can be assured of the guaranteed returns.

Further, you can look at locking into prevailing high FD rates through an end-to-end online paperless process that takes less than 5 minutes. This is a convenient way to set aside savings and make those grow in a safe and secure environment.

Highest safety ratings by CRISIL and ICRA

Your savings are safe with a Bajaj Finance online FD, which is accredited with the highest safety ratings of FAAA by CRISIL and MAAA by ICRA. These high ratings indicate highest safety of deposit and timely repayments.

0 unclaimed deposits

Along with high safety ratings, Bajaj Finance Limited enjoys the reputation of being one of the only NBFCs in the market to have ‘0 unclaimed deposits’

This is mainly because of auto-credit facility that enables investors to easily receive their payout on maturity.

Trust of more than 2,50,000 customers

Bajaj Finance has an impressive deposit book of Rs. 25,000 crores, along with the trust of more than 2,50,000 customers. This is indicative of the high level of trust reposed by investors, on this deposit.

In addition to highest safety of deposit, Bajaj Finance offers attractive FD interest rates up to 7% for non-senior citizens, with an additional 0.10% rate benefit on investing online. Senior citizens can reap the benefit of an additional rate benefit of 0.25%, regardless of their mode of investment.

Here’s a look at the range of latest interest rates offered different customers, by Bajaj Finance:
View Full Image
Here’s a look at the range of latest interest rates offered different customers, by Bajaj Finance: (Bajaj Finserv)

Thus, when looking to safeguard your investments, look no further than a Bajaj Finance FD, where you can reap the benefits of high returns and safety of deposit. Make a smart investment choice with a Bajaj Finance FD and grow your savings 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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