Considering a volatile financial scenario and negative investor sentiment, market-linked investment tools are not the first choice for revenue generation. Fixed deposits are now a more secured mode of investment, even for seasoned market investors to park a section of their funds with an eye towards the future.
The investor sentiment is shifting towards stable returns and safety. Bajaj Finserv, through its lending and investment arm Bajaj Finance Ltd, aims to cater to this scenario through its risk-free high return yielding Fixed Deposits. Customers can enjoy assured returns starting from 8.35%. Taking into account the investment needs of senior citizens, the company also offers an additional interest rate of 0.35% over and above the regular rates to senior citizens.
Read on to know several investor-friendly features that keep Bajaj Finance Fixed Deposit one of the safest investment options today:
Fund safety assured with CRISIL and ICRA ratings
The company assures your funds’ safety with the highest safety ratings in the investment market –
Attractive returns of above 50%
Bajaj Finance Limited offers Fixed Deposits with assured returns of 8.35%, 8.45% and 8.70% for new, existing and, senior citizens respectively. Thus, when investing in an FD with Bajaj Finance for 5 years, a new customer can enjoy 49.32% returns compounded annually. Similarly, you can grow your investment amount by 50.02% for existing customers. Senior citizens can grow investment amount by 51.75%.
Small deposit amount starting from Rs. 25,000
Customers can open a Bajaj Finance Fixed Deposit with a small investment amount of Rs. 25,000 and enjoy a flexible FD tenor, automatic renewal facility, etc.
Further, customers can opt for either cumulative or non-cumulative FD from Bajaj Finance and enjoy payouts as per their preference. Taking into consideration an investor’s need for regular income, Bajaj Finance Limited allows periodic payouts of non-cumulative Fixed Deposits, which can be either monthly, quarterly, semi-annually or annually.
Additionally, Bajaj Finance FD also comes with online application procedure to make investment easier for customers. With these attractive and customer-friendly features, Fixed Deposit from Bajaj Finance is sure to satisfy investors’ safety requirements apart from generating high returns.
Bajaj Finance Limited, the lending arm of the Bajaj Finserv group, is one of the most diversified NBFCs in the Indian market catering to more than 36 million customers across the country. Headquartered in Pune, the company’s product offering includes Consumer Durable Loans, Lifestyle Finance, Digital Product Finance, Personal Loans, Loan against Property, Small Business Loans, Loans for Professionals, 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. It is also the only NBFC in India with the international ‘BBB’ with stable outlook for long-term, by S&P Global Rating.