Fixed deposits (FDs) are one of the most popular investment options in India due to their stability and guaranteed returns. However, with the current economic scenario, it is essential to ensure that your FD investment provides good returns. This is where Bajaj Finance Fixed Deposit comes in.
Bajaj Finance Fixed Deposit offers higher interest rates than those offered by banks. Moreover, you can use the FD interest rate calculator available on the website to check the maturity amount you will earn on your investment. This offers complete transparency and helps you make an informed decision. Apart from being higher than the regular FD rates, the special tenure is also an excellent way to increase your return on investment, as you receive a higher interest rate than what you would receive with a regular tenure.
Another core USP of Bajaj Finance Fixed Deposit is that it offers interest rates up to 8.60% p.a. with flexible interest payment options. This is significantly higher than the interest rates offered by most banks and can help you earn substantial returns on your investment. You can choose to receive interest payouts monthly, quarterly, half-yearly, or annually, based on your financial needs.
To provide a better understanding, let us take an example of how much a customer investing Rs. 10,00,000 will earn for different tenures.
Customers below 60 years of age
Senior citizens
Tenure
Interest
rate
Maturity
amount
Interest
rate
Maturity
amount
18 months
7.40% p.a.
Rs. 11,13,029
7.65% p.a.
Rs. 11,16,917
24 months
7.55% p.a.
Rs. 11,56,700
7.80% p.a.
Rs. 11,62,084
36 months
8.05% p.a.
Rs. 12,61,462
8.30% p.a.
Rs. 12,70,239
44 months
8.35% p.a.
Rs. 13,41,856
8.60% p.a.
Rs. 13,53,244
As you can see, Bajaj Finance Fixed Deposit can provide you with significant returns on your investment when compared to other investment options like savings accounts, mutual funds, or stocks. Opening a Bajaj Finance Fixed Deposit can provide you with higher returns, greater stability, and a hassle-free investment experience. By using the FD calculator available on the website, you can calculate the expected maturity amount and make an informed investment decision.
Visit the Bajaj Finance website today and start investing in a fixed deposit that promises higher returns with complete security.
About Bajaj Finance Limited
Bajaj Finance Ltd. (‘BFL’, ‘Bajaj Finance’, or ‘the Company’), a subsidiary of Bajaj Finserv Ltd., is a deposit taking Non-Banking Financial Company (NBFC-D) registered with the Reserve Bank of India (RBI) and is classified as an NBFC-Investment and Credit Company (NBFC-ICC). BFL is engaged in the business of lending and acceptance of deposits. It has a diversified lending portfolio across retail, SMEs, and commercial customers with significant presence in both urban and rural India. It accepts public and corporate deposits and offers a variety of financial services products to its customers. BFL, a thirty-five-year-old enterprise, has now become a leading player in the NBFC sector in India and on a consolidated basis, it has a franchise of 66.05 million customers. BFL has the highest domestic credit rating of AAA/Stable for long-term borrowing, A1+ for short-term borrowing, and CRISIL AAA/Stable & [ICRA]AAA(Stable) for its FD program. It has a long-term issuer credit rating of BB+/Positive and a short-term rating of B by S&P Global ratings.
To know more, visit www.bajajfinserv.in.
