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Home >Brand Post >Invest your salary in a Bajaj Finance Fixed Deposit to earn assured returns

For those with a monthly salary, the sources of income generation need not be limited to just your regular job. You can consider growing your savings by investing in lucrative investment options that bring in profit.

While there’s a lure of market-linked investment instruments that offer quick growth in savings, the concern of safety has made most investors choose safe instruments like fixed deposit. By investing in fixed deposit, you can plan and fund goals easily while also keeping an emergency fund ready. To choose a balance of safety and higher growth of savings, consider investing in a Bajaj Finance Fixed Deposit.

Read on to know how investing a portion of your salary in a Bajaj Finance FD can be beneficial.

Attractive interest rates for combating inflation

The Bajaj Finance FD offers interest earnings of up to 7.25% for senior citizens and 7% for non-senior citizens choosing to invest offline for a tenor of 36-months or more with payout at maturity. In fact, non-senior citizens can also gain from an additional rate benefit of 0.10% on their deposit, by choosing to invest in a Bajaj Finance online FD. This end-to-end paperless process lets you reap the benefit of additional rate benefits and the convenience of investing from your home.

As inflation indices hover around 4-5%, it is important to invest in this high interest-yielding FD that enables higher growth of savings. You can also choose to renew your maturity proceeds and gain from an additional 0.10% rate benefit on renewing your deposit.

You can also choose to use the FD return calculator, which plays a major role in planning your finances by computing your FD earnings, even before you invest. By getting this information, you can look at re-assessing decisions and making the necessary financial amendments to your investment portfolio.

Plan financial goals with flexible tenors

Bajaj Finance also offers the flexibility to plan financial goals easily, with flexible tenors ranging from 12 to 60 months. You can also choose interest payouts, as per your convenience to cater to your needs.

Assured returns on your deposit

An incredible element of fixed deposit is that FD interest rates remain fixed throughout the entire tenor. Thus, your interest gains remain unaffected by market fluctuations and you can plan your finances with complete certainty, which is a privilege offered by very few investment options.

Your savings remain safe with Bajaj Finance, as it is accredited with the highest safety ratings of FAAA by CRISIL and MAAA by ICRA. In case of any interest rate revisions, you can keep reaping higher returns over time.

With all of these elements, you can choose to invest a portion of your salary each month in a Bajaj Finance online FD and make your savings grow.

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

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