Bajaj Finance is one of the leading financial institutions in the country, which provides a variety of financial products along with fixed deposits. Know here what are its benefits.
Making your future financially secure is not possible overnight. For this, there is a need to plan wisely, spend responsibly and choose the right means of investment. If you are also looking for a safe and reliable way to increase your savings, then Fixed Deposits (FDs) are the best option for this, which has been a very reliable investment option in India for a long time.
Bajaj Finance is one of the leading financial institutions in the country, which provides a variety of financial products along with fixed deposits. The company caters to all types of investors by providing a variety of FD options with better interest rates and flexible tenures. Its benefits include:
Attractive interest rates: Bajaj Finance offers better interest rates on its FDs, thus allowing your savings to grow steadily. These rates may vary depending on the tenure you choose and your customer profile (senior citizens generally enjoy higher interest rates).
Flexible time frame options: Choose your investment time frame keeping your financial goals in mind. Bajaj Finance offers tenure options ranging from 12 months to 60 months, giving you the freedom to invest as per your needs.
Flexible investment options: Now invest easily in Bajaj Finance FDs online through the Bajaj Finserv website or app. In this way, there is no need for the customer to go to the branch and time and effort is also saved.
Cumulative and non-cumulative options: Bajaj Finance FD offers both cumulative and non-cumulative options. In cumulative FD, you get the opportunity to earn interest on the interest received during the investment tenure, which increases the maturity amount. In non-cumulative FD, interest is paid from time to time, which gives you regular income.
Bajaj Finance Digital FD: Higher returns, online facility
Bajaj Finance has launched a new type of FD called “Digital Fixed Deposit” with a tenure of 42 months. This option is really great, offering one of the highest interest rates on the market:
Up to 8.85% per annum for senior citizens: If you are above 60 years of age, you can potentially get much higher returns on your savings than a normal savings account.
Up to 8.60% per annum for under 60s: Even if you are under 60, Bajaj Finance Digital Fixed Deposit offers you better interest rates so you can grow your savings faster. This digital FD can be booked online only through Bajaj Finserv website and app. It provides a fast and convenient way to invest in FD anytime, anywhere.
Bajaj Finance FD Calculator
Bajaj Finance FD Calculator is a free online tool that helps you estimate the returns you will get on your FD investment. The methods of its use are explained below:
In this, simply select the customer (senior citizen or customer below 60 years of age), then choose the investment amount, tenure as per your choice and the option to get the interest amount paid (monthly, quarterly, half yearly, annually or maturity). Fill in). The calculator instantly calculates the estimated amount to be received on maturity.
After estimating the potential returns, you can take a well-informed decision as to how much amount to invest and for how long.
Conclusion:
Making your future financially secure begins with proper planning and thoughtful choices. Bajaj Finance FD offers you a reliable and convenient way to grow your savings and achieve your financial goals with better interest rates and convenient options. While choosing any investment option, it is very important to carefully consider your financial goals. You can estimate the returns you will get with the help of Bajaj Finance FD calculator. This will help you take a wise decision as per your financial situation and your risk appetite.
