Investing in a Fixed Deposit is the easiest way to earn solid returns in a low-risk environment. This helps to build a balanced portfolio that enables an investor to gain further insight regarding the investment market. In case you are willing to explore the fixed-income market, be it the broader or the narrower segments, choosing to invest in a low-risk option like Fixed Deposits is a safe and sound way to go.
As an investor, you must choose a safe and fruitful FD plan. The Fixed Deposit scheme offered by Bajaj Finance online FD could very well be the right choice for you and here is why –
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High-interest Rates
To start with, Bajaj Finance offers FD interest rates that can go up to 7.25%. This way you can easily achieve your goal of saving the maximum amount of capital while being on the safe side all along. For individuals who are aged below 60, this scheme offers a high-interest rate of 7%, when invested offline. On investing online the interest rate gains an additional 0.10% increase which marks the rate at 7.10%.
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Unique Features
Bajaj Finance online FD offers you additional benefits depending on the time period or tenure of your investments as well as the frequency of payout. For example, if you decide to opt for payout at maturity, the overall interest you accumulate will be higher. In case you decide to stay invested for a longer amount of time, your return rates automatically go higher up the ladder. Bajaj Finance has introduced a new and costless way of helping their customers – the FD calculator or the Fixed Deposit Calculator. The FD calculator is a free toolto help you calculate the details of the maturity of your scheme by simply entering the details of the investment.
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Safe And Low-risk Plan Suited For Your Benefit
A balanced portfolio is the ultimate goal of an investor. This balance is achieved by carefully calculating one’s age, investment-related goals, risk-taking capability and choosing the investment instrument that is best suited for the said person. Bajaj Finance is known for their assurance of low risk and safe investment policies – it has [4] received the highest ratings of safety or MAAA awarded by ICRA as well as FAAA awarded by CRISIL. Bajaj Finance is also well known for its timely payments devoid of any defaults as indicated by the status of “0 unclaimed deposits”. Hence, by deciding to invest your savings in Bajaj Finance online FD, you will be able to ensure the safety of your deposit amount while paving your way towards getting a solid return amount.
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Ability To Customize The Plan
Another interesting benefit of investing at Bajaj Finance is that you can customize your investment plan according to your own convenience. It ranges from the Bajaj Finance online FD investment plan to the Systematic Deposit Plan or the SDP. The latter involves the ability to grow your savings by paying fixed amounts on a monthly basis. The starting amount is that of Rs, 5000 per month. You have the option of both collecting your amount on maturity of your plan or after specific time periods, according to your preference.
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Auto-renewal Policy
Bajaj Finance offers an additional rate benefit of 0.25% for the senior citizens. Some other important benefits of choosing Bajaj Finance online FD is the ability of investors to auto-renew their fixed deposit with an additional increment of 0.10% on the interest rate. You can apply for a loan against the deposited amount in case of an emergency.
Bajaj Finance Fixed Deposit plans are curated for investors who are looking forward to securing a considerable amount of savings while taking a minimum risk. In case you are willing to start saving up amidst a worldwide economic turmoil, going for Bajaj Finance FD is the safest option in hand.
