• Contact Us
  • About Us
  • Privacy Policy
Friday, August 12, 2022
The Morning
No Result
View All Result
  • Home
  • News
  • Business
  • Technology
  • Auto
  • Fashion
  • Lifestyle
  • Morning Special
  • Start-ups Stories
  • Home
  • News
  • Business
  • Technology
  • Auto
  • Fashion
  • Lifestyle
  • Morning Special
  • Start-ups Stories
No Result
View All Result
Morning News
No Result
View All Result
Home News

Grow your Savings with High FD Rates by Investing in a Bajaj Finance FD

by
in News
0
Grow your Savings with High FD Rates by Investing in a Bajaj Finance FD
0
VIEWS
Share on FacebookShare on Twitter

There are many ways to grow ones wealth, and investing money is arguably the best approach. With a proper plan and a diversified portfolio, one can steadily generate wealth for years to come. However, this requires investors to choose instruments that can reliably earn returns. One such investment is the fixed deposit, a trusted tool for many investors. Even in an economic downturn, an FD can safely grow ones wealth from the right issuer.

Grow your savings with high FD rates by investing in a Bajaj Finance FD

READ ALSO

CMD was at GAIL PATA plant in Uttar Pradesh

Learn with Leaders Partners with Harvard HPAIR to Shape Young Leaders of Tomorrow; Bring Summer Leadership Workshop to Indian Schools

To identify the best FD in the market and maximise ones interest earnings, look at some of the top-performing FDs.

High FD interest rates

There are several good options to select from while investing in a fixed deposit. Leading financial institutions include banks, NBFCs, and India post. The post office FD is a viable option, as it offers a great rate. It has a range of features. It is easy to avail but isnt accessible to NRI investors.

However, before finalising an FD, one should compare offers in the market. Investors should look for one with a high-interest rate for maximum earnings over a given investment window.

To get an idea of the potential earnings, take a look at these examples.

1. Citizen aged below 60 investing in a Bajaj Finance online FD

Deposit amount

Tenor

Interest rate

Interest earnings (in Rs.)

Total (in Rs.)

Rs. 5 lakh

12

5.65%

28,250

5,28,250

Rs. 3 lakh

36

6.80%

65,456

3,65,456

Rs. 2 lakh

60

6.80%

77,898

2,77,898

2. Senior citizen investing in a Bajaj Finance online FD

Deposit amount

Tenor

Interest rate

Interest earnings (in Rs.)

Total (in Rs.)

Rs. 5 lakh

12

5.90%

29,500

5,29,500

Rs. 3 lakh

36

7.05%

68,028

3,68,028

Rs. 2 lakh

60

7.05%

81,166

2,81,166

Bajaj Finance Fixed Deposit stands out for having high FD interest rates along with the safety of the deposit, making it a worthwhile option to consider. Whats more, one gets access to other investment benefits when choosing this FD. Look at the following pointers for a better idea of the features on offer.

Easily accessible instrument for all investor types

A key benefit of this FD is that any investor can invest their money. This includes citizens aged below 60, senior citizens, and NRI investors. As such, one can comfortably park their funds and diversify their portfolio with this instrument, even if they do not reside in India.

Flexible tenor options to suit a range of investing goals

Ones financial goals must align with their investment to leverage their finances in the best possible manner. This is where the flexible tenor of up to 60 months offered by Bajaj Finance comes into play. With proper planning, one can invest optimally to meet their financial obligations.

Whats more, digital tools like the FD calculator make forecasting their earnings quick and straightforward. This means that one can plan with certainty and invest accordingly, knowing that they will get returns at maturity. Meet almost any short-or long-term goals, whether funding a vacation, buying a new car, or expanding a business with this FD.

Hassle-free loan against FD during emergencies

Besides providing an avenue to augment wealth, Bajaj Finance also benefits liquidity. If one needs urgent funds, they can access a loan against their FD within minutes. They can get up to 75% of the deposit value as a loan and address their need for urgent funds. Alternatively, investors can prematurely withdraw their FD. They can do this at any time after the 3-month lock-in period.

After careful consideration of the factors mentioned above, it is safe to say that Bajaj Finance online FD offers excellent value to investors while also guaranteeing their moneys safety. Consider investing in a Bajaj Finance online FD to reap the benefits of early planning and adequate savings.

About Bajaj Finance Limited

Bajaj Finance Limited, the lending company of the Bajaj Finserv group, is one of the most diversified NBFCs in the Indian market, catering to more than 44 million customers across the country. Headquartered in Pune, the companys product offering includes Consumer Durable Loans, Lifestyle Finance, Digital Product Finance, Personal Loans, Loan against Property, Small Business Loans, Home loans, Credit Cards, Two-wheeler and Three-wheeler Loans, Commercial lending/SME Loans, Loan against Securities and Rural Finance which includes Gold Loans and Vehicle Refinancing Loans along with Fixed Deposits. Bajaj Finance Limited prides itself on holding the highest credit rating of FAAA/Stable for any NBFC in the country today.

To know more, please visit www.bajajfinserv.in.

Related Posts

GAIL,Har Ghar Tiranga,Har Ghar Tiranga campaign,
News

CMD was at GAIL PATA plant in Uttar Pradesh

12/08/2022
News

Learn with Leaders Partners with Harvard HPAIR to Shape Young Leaders of Tomorrow; Bring Summer Leadership Workshop to Indian Schools

12/08/2022
Infinity Learn by Sri Chaitanya Announces Scholarships for the Children of Martyrs
News

Infinity Learn by Sri Chaitanya Announces Scholarships for the Children of Martyrs

12/08/2022
Razorpay Becomes the Only Indian Company to be Listed on ‘Forbes Cloud 100 List’ of the Best Private Cloud Companies in the World
News

Razorpay Becomes the Only Indian Company to be Listed on ‘Forbes Cloud 100 List’ of the Best Private Cloud Companies in the World

12/08/2022
The Future is Here: Bajaj Capital Witnesses Top Financial Wealth & Insurance Leaders at their Annual Event “ThePowerof100%”
News

The Future is Here: Bajaj Capital Witnesses Top Financial Wealth & Insurance Leaders at their Annual Event “ThePowerof100%”

12/08/2022
Bajaj Group Joins Hands with Pune Municipal Corporation to Commemorate ‘Azadi Ka Amrit Mahotsav’
News

Bajaj Group Joins Hands with Pune Municipal Corporation to Commemorate ‘Azadi Ka Amrit Mahotsav’

12/08/2022
Next Post
SpaceBasic Partners with PES University to Introduce AI-powered Cafeteria Management System

SpaceBasic Partners with PES University to Introduce AI-powered Cafeteria Management System

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

POPULAR NEWS

AMSA sustainable fashion store

AMSA brings to sustainable fashion with the unveiling of Atelier in Hyderabad

07/04/2022
Hazrat Nizamuddin Aulia Dargah is always up for Needy: Syed Anis Nizami, Incharge Dargah Sharif

Hazrat Nizamuddin Aulia Dargah is always up for Needy: Syed Anis Nizami, Incharge Dargah Sharif

25/04/2022
Nature’s Essence Signs on Miss Universe, Harnaaz Sandhu as their Brand Ambassador

Nature’s Essence Signs on Miss Universe, Harnaaz Sandhu as their Brand Ambassador

25/05/2022
Yagnik Pandya

Yagnik Pandya who is passionate about cricket

28/12/2021
Rupa Frontline Colors presents brand new ‘Akaska Vest’ – White is also a colour!

Rupa Frontline Colors presents brand new ‘Akaska Vest’ – White is also a colour!

15/02/2022

EDITOR'S PICK

Babaji Vidhyashram Resumes NCC Activities for Students

01/03/2022
GAYN Capital to Offer Rs. 400 Crores of Retail Real Estate Products through Fractional Ownership Over the Next 2 Years

GAYN Capital to Offer Rs. 400 Crores of Retail Real Estate Products through Fractional Ownership Over the Next 2 Years

03/08/2022

Blizzard Is Interested In Bringing All of Its Franchises To Mobile

03/10/2021
MergeXR, UK based Film Studio and Services Company Launches MergeXR Rental in Partnership with Taher Cine Tekniq India

MergeXR, UK based Film Studio and Services Company Launches MergeXR Rental in Partnership with Taher Cine Tekniq India

14/07/2022

About

The Morning is the World's latest news, fashion, political,and sports website. We provide you with the latest breaking news here.

Categories

  • Auto
  • Business
  • Fashion
  • hindi
  • Lifestyle
  • Morning Special
  • News
  • Start-ups Stories
  • Technology

Recent Posts

  • CMD was at GAIL PATA plant in Uttar Pradesh
  • Learn with Leaders Partners with Harvard HPAIR to Shape Young Leaders of Tomorrow; Bring Summer Leadership Workshop to Indian Schools
  • Infinity Learn by Sri Chaitanya Announces Scholarships for the Children of Martyrs
  • Home
  • About Us
  • Contact Us
  • Privacy Policy

© 2021 The Morning

No Result
View All Result
  • Home
  • News
  • Business
  • Technology
  • Auto
  • Fashion
  • Lifestyle
  • Morning Special
  • Start-ups Stories

© 2021 The Morning

Generated by Feedzy