Finance

Increase your ROI by Opening a Bajaj Finance FD Account

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FD Account

Though fixed deposits have always been a favourite, they are doing increasingly well in today’s market. After all, 2018’s statistics reveal that fixed deposits outperformed equities and debt funds too. A fixed deposit helps you avoid or balance out risk in your investment portfolio and can give you lucrative returns if you choose the right issuer.

Considering reputed issuers can help you bag higher returns and other perks too. Take a look at how a top option like Bajaj Finance FD can give you higher ROI and other benefits.

A company FD that offers high returns

Unlike banks, this NBFC offers high FD rates. In fact, if you opt for a fixed deposit with payout upon maturity for a tenor of 3 years or more, you can enjoy up to 8.60% interest. This interest rate is even higher for senior citizens as you can enjoy an interest rate of up to 8.95% on the same scheme if you are over the age of 60 years. Here you can find rates that are much higher than other FD rates in the market, allowing you to reap higher returns.

Assured returns despite market fluctuations

While many instruments offer high returns, a fixed deposit avoids risking your capital. However, trusting company FDs over bank or post office FDs can be a concern, especially now when several cases of companies forfeiting the money of investors has come out in the open. However, company FDs with high safety ratings are trustworthy and assure you of consistent and timely payouts and return of principal.

For instance, Bajaj Finance FD boasts of the highest stability and security. It is rated ICRA’s MAAA (stable) rating and CRISIL’s FAAA/Stable rating, the highest ratings for FDs. Thus, you can trust that you will receive your invested amount along with your returns upon maturity.

Additional interest rates to encourage investing

While some financial institutions offer low interest for tenors longer than 3 years, Bajaj Finance offers higher FD rates for tenors of 3 years and above. Further, to encourage you to invest, Bajaj Finance offers special tenor schemes that help you earn higher interest than that of a 12-month FD.

Hereby investing a hefty amount for tenors as short as 15 months, you can get lucrative interest returns. What’s more, you earn an additional interest of 0.25% when you renew your fixed deposit with Bajaj Finance.  

Access to a world of financing and other perks

You can use your Bajaj Finance FD in times of need without missing out on your returns. Instead of prematurely withdrawing your investment, you can take a loan against it. Further, when you invest in a Bajaj Finance FD, you become a Bajaj Finance customer. This means you can apply for other means of financing online like the Bajaj Finserv EMI Network Card and other financial products through pre-approved offers.

Now that you know all you stand to gain from a Bajaj Finance FD, use it to your advantage by making smart financial choices. Use a Fixed Deposit Calculator to help you determine the most lucrative FD choices.

Seema Gupta
Seema Gupta is a well-known financial and tech advisor with the abilities to keep a track and predict the market trends with the utmost accuracy. Her extensive knowledge in finance and tech is remarkable as she has worked on different financial and sectors dealing with the entire range of loans. She is also an expert in writing many finances and tech related articles and blogs, so she is a renowned finance blogger too

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