Protect your income with Bajaj Finance Online FD
Security of returns is one of the parameters most sought after by people looking to invest their money. The term deposit is an undisputed leader in the field of security, ensuring the safety and security of parked money, as well as a constant rate of capital appreciation. Fixed deposit offers the double advantage of security of funds and regular capital growth. They remain insensitive to market volatilities, which offer the investor guaranteed returns.
Here’s why Bajaj Finance Online Fixed Deposit is an ideal choice for investors:
Attractive interest rates
Bajaj Finance FD offers some of the highest FD interest rates. These interest rates go up to 6.50%, with an additional 0.10% advantage for investing online. In addition, seniors can benefit from an additional tariff advantage of 0.25% on top of the basic tariff. If you are looking to accumulate more value over the long term, these interest rates are extremely beneficial for your financial needs.
Bajaj Finance FD offers attractive FD interest rates for seniors, which is a lucrative option for people in this age group. The table below is an example to show how you can grow your savings by investing in Bajaj Finance FD for different durations.
As a senior, if you invest your life savings of, say, Rs. 60,000,000 for just 5 years, you will earn as much as Rs. 23 17,459 at the end of your tenor. You can also choose to receive payments on a periodic basis, if you are looking for an investment option that helps you meet your recurring expenses.
Easy loan and withdrawal
While we make long term plans to save money in order to achieve our life goals, it is also important to prepare for an unforeseen emergency that warrants free cash flow. Investors can benefit from an easy loan against FD that goes up to 75% of the value of your FD. In addition, there is a provision to withdraw money prematurely before your FD is due, in order to meet your immediate financial needs.
Bajaj Finance FD has been accredited with the FAAA rating from CRISIL and the MAAA rating from ICRA, both indicative of the highest safety standards for your capital. This implies that your hard earned money is in good hands.
Convenient online process
Why wait in long queues and undertake lengthy documentation procedures when you can get instant acknowledgment virtually. With Bajaj Finance Online FD, you just need to visit FD online form, verify your details, enter investment details and pay through Net Banking or UPI. Once the payment is successful, you will receive an acknowledgment of receipt about it, and you will also receive a Fixed Deposit Receipt (FDR) with details regarding your investment. As a non-senior applying online, you can also benefit from an additional 0.10% tariff advantage.
After careful consideration of the factors mentioned above, it is safe to say that Bajaj Finance FD offers great value to investors, while ensuring their money is safe. Consider investing in an online FD from Bajaj Finance to reap the benefits of early planning and adequate savings.
About Bajaj Finance Limited
Bajaj Finance Limited, the loan company of Bajaj Finserv Group, is one of the most diverse NBFCs in the Indian market, serving more than 44 million customers across the country. Based in Pune, the company’s product offering includes sustainable consumer loans, lifestyle finance, digital product finance, personal loans, loans for property, small business loans, loans. real estate, credit cards, two and three wheel loans, commercial loans / SME loans, securities loans and rural finance which includes gold loans and vehicle refinancing loans as well as fixed deposits. Bajaj Finance Limited is proud to hold the highest FAAA / Stable credit rating for any NBFC in the country today.
To find out more, visit: https://www.bajajfinserv.in
Disclaimer: This content is distributed by Bajaj Finserv. No HT journalist is involved in the creation of this content.
Never miss a story! Stay connected and informed with Mint. Download our app now !!