Searching for a perfect gift for your father this Father’s Day 2020 when you are also being lockedup in your home due to coronavirus pandemic?
Well, don’t worry, we can help you with the right options to ensure you celebrate the most important relationship of your life the best way possible.
1) Give him security after retirement:
From the time you are born till the time you stand on your own feet in all respects, your father is always with you, guiding you in some or the other way to ensure that you live a happy and secured life. Dads put their children’s needs first and then they plan or think about themselves. So, how about helping your dad in planning for his finances after his retirement? Start an investment plan that provides a guaranteed income to secure your dad’s golden age and make him financially independent.
2) Dad’s health also needs insurance:
While you might have taken health insurance through your company or known circle, but your father may have not thought about investing in health insurance because in those days, insurance for health wasn’t a priority. Now as the world is changing and introducing us to new illnesses every now and then, it is high time to buy a good health insurance plan for your father so that his savings and income can be protected from unexpected medical expenses in the future.
3) Open fixed deposit on your dad’s name:
All these years, it has been always your father who has been investing on your name for your education, career, health, travel etc. Now as you have grown-up, how about opening a Fixed Deposit for your dad? Do you know the FD for senior citizens investment plan that Bajaj Finance has, is specifically curated for people on the brink of retired life. It is one of the best financial independence gifts that can make your dad feel proud about you. Flexible tenors, adjustable payout frequencies and an FD Calculator for determining final maturity amount make this investment plan an ideal one. With FD interest rates of up to 7.85%, this form of investment is the best way to say, “I love you Dad!” this Father’s Day.
4) Take care of yourself too:
While you may think making your dad feel special is highly important on Father’s Day, but all your dad wants is to see you happy and secure. So, how about right in front of him, buying an insurance plan for yourself and your family at home. This will give him the assurance that you are financially prepared to deal with the tough times without affecting your savings and investments.
By Sahana Iyer
