Business Wire IndiaBajaj Markets, a subsidiary of Bajaj Finserv, has tied up with various financial institutions to provide investors with a wide range of financial products and services. One of its most popular offerings is Fixed Deposit (FD), which provides investors with safe and stable returns upon investing a lump sum amount.
 
FD is an attractive savings option for risk-averse individuals looking to earn assured returns over short to medium term and also for individuals looking to diversify their investment portfolio to mitigate market risks. On the platform, investors can make use of the FD calculator to estimate their potential returns.
 
Fixed deposits can be particularly helpful for senior citizens who can benefit from additional interest rates on their deposits, on Bajaj Markets. On the platform, one can choose from multiple FD issuers, who have been rated by credit rating agencies like CRISIL and ICRA.
 
Here is a list of FD issuers, that the individuals can choose from:

Partners Tenor Range Interest Rate (p.a.)
Bajaj Finance 12 to 60 Months Up to 8.60%
PNB Housing Finance 12 to 60 Months Up to 8.15%
Mahindra Finance 12 to 60 Months Up to 8.30%
AU Small Finance Bank 7 Days to 120 Months Up to 8.50%
YES BANK 7 Days to 120 Months Up to 8.25%

Disclaimer: The above-mentioned rates are subject to change at the issuer’s discretion.
 
Individuals can book a fixed deposit with Bajaj Markets and take advantage of the following benefits

  • Flexible tenors
  • Varied interest payout options
  • Auto-renewal facility on certain FDs
  • Option to prematurely close FD accounts
  • Easy online application process
  • Option to avail loan against FD from most issuers

 
Individuals can easily browse from various FD issuers and start their savings journey today by downloading the Bajaj Markets app or by visiting the official website. Moreover, they can explore a wide range of investment options like Mutual Funds, National Pension Scheme (NPS), and more.