Individuals looking to grow their savings have several investment options available but choosing the right one can be difficult. In the middle of a struggling economy, job layoffs, and pay cuts it is important for households with short-term liquidity needs, to consider investments as an option of creating a savings pool.
In the times of market volatilities, all we need is a safe and secure investment option.
Fixed Deposit is a good option when it comes to assured returns without any effect of market forces.
If you’re looking for a stable option, Bajaj Finance online FD can be a great pick, offering assured returns and safety. With highest credibility ratings from ICRA and CRISIL, it is very safe, and carries lowest risk.
Here’s why Bajaj Finance online FD can be a great option for you to get started.
- Safe Investment
Is my investment risk-free? This, probably, is the first question an investor thinks about, while planning to invest their hard-earned money. Financial investments always carry an underlying risk when it comes to returns. However, in today’s times, where market forces are playing a major role in defining risks and returns, fixed deposit can be considered a safe investment option. You receive assured returns on your investment without being affected by market fluctuations.
Bajaj Finance Fixed Deposit is accredited with the highest safety ratings by CRISIL(FAAA) and ICRA(MAAA), hence assuring safety of your investment and timely pay-outs.
Rate of interest offered by Bajaj Finance Limited on Fixed Deposit is one of the best, as compared to the market. Use the easy online fixed deposit interest calculator and calculate the returns you will get on your investment.
• Flexible payout options
While Bajaj Finance Fixed Deposit gives the liberty to choose from various tenor options available, it also lets you start your investment journey with just Rs. 25,000 and go all the way up to investing Rs. 5 crore in a single fixed deposit.
You have a choice to decide the investment tenor ranging between 12 to 60 months and even the frequency of payouts. In case, you wish for payouts at frequent intervals, you can choose from the option of monthly, quarterly, half-yearly or annual, considering your liquidity needs. For those who are looking for monthly deposit plans, Systematic Deposit Plan is the option. It lets you start your monthly savings journey starting at just Rs. 5,000 per month.
• Easy online process
You don’t have to stand in tiresome long queues and go through the hassle of physical submission of paperwork at branches anymore. Bajaj Finance online FD helps you to start investing from the comfort of your home. The end-to-end online application process lets you complete your investment within a few minutes.
Non-senior citizens get additional 0.10%* rate of interest upon online investment, through Bajaj Finserv’s official website.
In case of emergencies, you can also apply for a loan against your fixed deposit or partially withdraw funds before maturity. For pre-mature fund withdrawal, there is a minimum lock-in period of only 3 months.
• Attractive rate of interest
Bajaj Finance Fixed Deposit offers one of the highest FD rates in the industry while covering all the benefits stated above. Senior citizens can avail interest rates up to 6.75%* whereas, non-senior citizens can get an additional rate benefit of 0.10%* by applying online. Senior citizens get a benefit of an additional rate of interest up to 0.25%, regardless of their investment mode.
If you are looking for a safe and stable investment option, Bajaj Finance Fixed Deposit is a reliable solution. Consider investing in a Bajaj Finance Fixed Deposit to get assured returns.