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Get the latest LED television on EMI during the EMI Store’s The Big Republic Sale!

Get the latest LED television on EMI during the EMI Store’s The Big Republic Sale!

Buying a television on EMI is the easiest way to get quality entertainment without compromising on affordability. Whether it is an LG Smart TV or a Haier LED TV, shop during The Big Republic Sale at the Bajaj Finserv EMI Store and pay EMIs starting from as low as Rs.1,740.

If a new TV seems like an expensive purchase, consider buying a new television on EMI. This way you don’t have to save for months before you can upgrade to a sleek, top of the line television. When you shop from the Bajaj Finserv EMI Store, you don’t have to worry about breaking the bank either. Shop during the upcoming The Big Republic Sale and you can make use of discounted prices and other offers to increase your savings. Besides, you can make use of the No Cost EMI option to make the payment. Unlike other EMI schemes, you only have to repay the cost of the television and you are free from making any interest payments. 

The Bajaj Finserv EMI Store also has a hyperlocal network of over 43,000 sellers, so you can shop and have the product at your doorstep within 24 hours. To make things simpler, you don’t have to worry about submitting any documents, making a down payment, or waiting for approval. It all happens instantly.

Now that you know how to make your purchase more affordable, here’s a look at the TV models that you can pick from.

Sony LED TV with EMI starting from Rs.2,523
Take a look at the features that you can enjoy when you buy a Sony LED TV on EMI.

  • Enjoy Full HD superior picture quality that is boosted by X-Reality PRO, a processing engine that enhances visuals to improve their quality.
  • ClearPhase technology gives you richer sound, along with the in-built woofer that adds depth.
  • These TVs also come with in-built dust, surge, humidity, and lightening damage protection.
  • If you have an Android phone, you can connect it to the TV and view videos and photographs with better picture quality and enhanced sound.

LG LED TVs with EMI starting from Rs.2,390
Take a look at the features that you can enjoy when you buy an LG LED TV on EMI.

  • Experience true-to-life colours, clarity, and a wide viewing angle with these TVs.
  • They work without a stabiliser and offer heat, lightening, humidity, and dust protection.
  • These LG TVs also come with built-in games and have regional language options.
  • Certain LG TVs also come with a Smart Energy Saving feature. This allows the TV to lower its power consumption by allowing it to hibernate.

Haier LED TV with EMI starting from Rs.1,740

Take a look at the features that you can enjoy when you buy a Haier LED TV on EMI.

  • Smart LED TVs from Haier are powered by an Android operating system that allows you to browse through multiple applications.
  • The Auto Volume Leveler evens out sound and prevents fluctuations in volume when you switch from one channel to another.
  • 3D Comb Filter corrects colour and brightens the image to remedy colour loss.
  • With the PC Input feature, you can transform your Haier LED TV into a computer monitor.

Samsung LED TV with EMI starting at Rs.2,789
Take a look at the features that you can enjoy when you buy a Samsung LED TV on EMI.

  • Using ConnectShare Movie, you can stream videos, movies, and music from an HDD drive or a USB drive on to your TV.
  • With Screen Capture, you can take screenshots from a video and save them on to an external drive. Sound Capture allows you to record pieces of audio in a similar manner.
  • Indian Cinema Mode replicates sound and picture quality that matches that of a theatre experience.
  • Cricket Mode gives you a feeling of being right in the middle of all the action. You can also pause a live cricket match. Then, divide the screen into 9 parts and zoom in to view the details up close.                                        

Weigh your options and pick a television that offers you all the features that you’re looking for. Shop from the Bajaj Finserv EMI Store during The Big Republic Sale to enjoy exciting EMI offers.

Shop for LED TVs on the EMI Store

Get the latest LED television on EMI during the EMI Store’s The Big Republic Sale!

Buy LG 32-inch LED TVs during The Big Republic Sale on affordable EMIs!

If you’re vying for a brand-new LED TV, shop at The Big Republic Sale on the Bajaj Finserv EMI Store. Get an LG 32-inch LED television on EMI starting from Rs.2390 along with other offers and discounts!

Shop for an LG LED TV and give your home entertainment experience an update! Choose one from the Bajaj Finserv EMI Store to make your purchase more affordable. Shop during The Big Republic Sale, and you can buy an LG LED TV on discount with EMI starting from Rs.2,390.

When you shop from the Bajaj Finserv EMI Store, there’s a lot to benefit from. Take a look at why you should pick this online platform over others.

Hyperlocal: Choose from over 43,000 vendors who are a part of the Bajaj Finserv EMI network. Pick from lenders who are in your city and in your neighbourhood.

Quick delivery: Once you complete your order, it will be delivered to your doorstep within just 24 hours.

No Cost EMI option: To make payment even more affordable, choose No Cost EMI as your payment method. This will allow you to repay the cost of the product in easy EMIs, without making an interest payment. You don’t have to make a down payment, submit documents, or wait for approval to make your purchase.

Added benefits: Apart from lowered prices, benefit from special benefits from partner merchants including accessories and deals.

Now, take a look at the features you can enjoy when you pick an LG LED TV.

  • LG LED TVs come with an IPS panel that offers a wide viewing angle, along with excellent clarity and true to life colours. It also keeps your TV sleek without compromising on stability and sturdiness.
  • Some models also come with in-built games and a regional language option. You can view menu and content in languages such as Hindi, Bengali, Telugu, Marathi, Kannada, Punjabi, Assamese, and Urdu.
  • Not only does this TV work without a stabiliser, it also comes with lightening, heat, humidity, and dust protection.
  • Get a life-like experience with modes such as Bollywood Mode and Cricket Mode with enhanced audio and visual options. These viewing modes give you the feeling of being at the centre of the action!
  • If you’re conscious about your carbon footprint, the Smart Energy Saving feature will help your LG LED TV limit its power consumption by allowing you to play only audio, while switching off video, controlling backlight, and enabling hibernation.
  • LG’s Smart TVs come with a Magic Remote that allows voice commands and has special hot keys for Netflix and Amazon. Besides, you can save your favourite applications so that you can access them with a single click.
  • With LG’s Miracast, you can stream content from your smartphone or tablet, wirelessly. You can also use the Time Machine feature to record TV programmes that you can watch later.
  • LG’s Clear Voice III technology distances audio from background noise so you can have a superior listening experience with excellent sound clarity.

Whether you pick a standard LG LED TV on EMI or choose an LG Smart TV, buying one from the Bajaj Finserv EMI Store is the best way to make your purchase more economical. No Cost EMIs, coupled with discounts, and other offers make your LG TV as affordable as possible.

Shop for LG TVs on the EMI Store

Get the latest LED television on EMI during the EMI Store’s The Big Republic Sale!

The Big Republic Sale: Grab Great Offers Phones at the Bajaj Finserv EMI Store

Are you looking to buy a smartphone on EMI? Get great deals on selected phones when you shop from the Bajaj Finserv EMI Store during The Big Republic Sale.

Looking for a smarter pocket companion? Make your latest smartphone upgrade more affordable by shopping on the Bajaj Finserv EMI Store. It allows you to buy a smartphone on EMI, and get other exciting offers on selected smartphones when you shop during The Big Republic Sale! Furthermore, you can choose No Cost EMIs as a payment option. This means that you can benefit from the EMI model of shopping without making interest payments that most EMIs come with. The Bajaj Finserv EMI Store only requires you to repay the price of the product so that you can keep shopping affordably.

If you’re looking to make the most of this sale, take a look at 5 smartphone models that you can consider:

Redmi Note 4 with EMI starting at Rs.1,313

The superior RAM, storage, and processor make this phone a great pick for video game enthusiasts.

Camera: It comes with a 13MP primary camera and a 5MP front camera. The 13MP camera is also equipped with a CMOS sensor that helps with noise-cancellation and allows you to take beautiful photographs in low-light conditions.

Specifications: The 4100mAh battery gives you excellent battery life and the Snapdragon 625 octa-core processor makes it 20% more power efficient as compared to the Redmi Note 3. Also, the phone has a 4GB RAM and 64GB storage that you can extend up to 128 GB.

Design: Whether you pick a classic black Redmi Note 4 or the Lake Blue edition, it has a sleek, minimal aesthetic. Besides this, it also has a curved glass that adds to the phone’s appearance and makes usage more enjoyable.

Samsung J7 Max with EMI starting at Rs.1,690

The processor and RAM capabilities make this phone a good bet for those who are looking for consistent high-speed performance on the go.

Camera: It comes with front and rear cameras, both of which are 13MP. This means that even when you take selfies, you can benefit from superior camera quality as well as a flash. Also, the Samsung J7 Max’s camera comes with f/1.7 aperture that allows you to take bright photographs even in dimly lit conditions.

Specifications: The phone’s 4GB RAM and powerful octa-core processor make it perfect for you if you frequently switch between applications. It also comes with 32GB storage and a 3300mAh battery.

Design: The 5.6-inch full HD display, coupled with the metal unibody make the Samsung J7 Max both sleek and durable.

 

Oppo F5 with EMI starting at Rs.1,666

If high-end features such as a photo enhancer, facial unlock, and a split-screen view are on your list of must-haves, the Oppo F5 is the one for you.

Camera: If you take countless selfies, you’ll appreciate the phone’s 20MP front camera and 16MP rear camera. It is also equipped with artificial intelligence that enhances photographs along with tweaks such as facial feature optimisation and a bokeh effect.

Specifications: With 4GB RAM and an octa-core CPU, the Oppo F5 gives you superior performance without any glitches or lags. It also has an energy-saving microprocessor that helps your device function optimally, without over-heating. The phone comes with 32GB memory that you can expand up to 256GB.

Design: With slim borders and a unibody, the Oppo F5 is streamlined and stylish. Although the phone packs in a punch as far as performance is concerned, it has a lightweight body.

Moto C with EMI starting at Rs.1,500

If you’re looking for an affordable all-rounder, it doesn’t get better than the Moto C.

Camera: With a 2MP selfie snapper that ensures great clicks even in low light and a 5MP rear camera with LED flash, you’re guaranteed a great camera experience with the Moto C.

Specifications: The Moto C comes with fast quad-core processor and a 2350 mAh battery with a 1GB RAM and 16GB ROM, expandable up to 32GB. All this ensures that you can multitask and store your favourite songs and videos with ease.

Design: The Moto C has a 5-inch HD screen with a micro-texture back cover that gives you a sound grip.

Now that you know about the best smartphones that you can buy on EMI, take a look at why you should shop from the Bajaj Finserv EMI Store:

  • Enjoy discounted prices, deals, and special offers such as cashback
  • Get free same-day delivery
  • Pay using affordable No Cost EMIs
  • Choose a long repayment tenor of your choice
  • Benefit from no documentation, no down payment, and instant approvals
  • Get access to over 43,000 vendors that are a part of Bajaj Finserv EMI Store                                                                 

Make the most of The Big Republic Sale, shop for the smartphone of your choice and enjoy maximum discounts!

Shop for Smartphones on the EMI Store

Get the latest LED television on EMI during the EMI Store’s The Big Republic Sale!

Get your chosen washing machine on EMI during The Big Republic Sale!

If you have been looking to upgrade your washing machine, now is the right time. Buy a washing machine on the most affordable EMIs starting from Rs.810 at the Bajaj Finserv EMI Store. Shop during The Big Republic Sale and benefit from no down payment, discounted products, and cashbacks too!

If you lead a busy lifestyle, the right washing machine can go a long way in speeding up the time it takes to do household chores. And, if you feel that it is time for an upgrade, visit the Bajaj Finserv EMI Store online. Choose from a wide range of washing machines and make the most of The Big Republic Sale. Apart from availing a discount on your chosen washing machine, you can save more money with attractive cashback offers too.

The Bajaj Finserv EMI Store is a one-stop-shop for all your consumer durable needs. Apart from getting the best deals, discounts and offers, you can enjoy delivery to your doorstep within 24 hours when you shop from the EMI Store. What’s more, you can make your shopping more affordable by choosing the No Cost EMI option as your payment method. Here, you only have to repay the cost of the product in the form of monthly instalments. Unlike other EMI schemes, you don’t have to make any interest payment. This option is available to you instantly, without a tedious application process. You don’t have to submit documentation or make a down payment.

To make your search for the ideal washing machine easier, here’s a look at two options that are efficient and offer value for money.

LG 6.5kg semi-automatic top load washing machine
Available at a special price with EMI starting at Rs.867

LG semi-automatic top load washing machines come with features such as the following:

  • These washing machines have a Roller Jet Pulsator that gives your clothes a thorough clean and removes dust and mites.
  • To help you wash your clothes as per the garment care instructions, LG washing machines come with multiple wash programmes that you can choose from.
  • The collar scrubber keeps your shirt collars looking as good as new, while helping you save time and energy.
  • Certain LG washing machines come with Rat Away Technology, where the plastic cover is coated with chemicals that act as a repellent towards rats. This helps increase the lifespan of your washing machine.

Samsung 6.5kg fully automatic front load washing machine
Available at a special price with EMI starting at Rs.2460

Samsung fully automatic washing machines come with features such as the following:

  • A built-in sink that you can use to pre-wash heavily stained or soiled clothes before adding them to the drum of the washing machine.
  • The 6-blade Stainless Steel Pulsator improves the performance of the washing machine, is scratch-resistant and keeps bacteria at bay.
  • The Magic Dispenser clears out residual detergent by dissolving and dispersing it equally.
  • The Diamond Drum is designed with care so that the washing machine is gentle on your clothes. This design also curbs snagging of fibres.

To shop from the Bajaj Finserv EMI Store during The Big Republic Sale, keep these four simple steps in mind.

  1. Visit the EMI Store
  2. Select the washing machine, seller, and the EMI option
  3. Enter your EMI Card details and choose your EMI payment tenor
  4. Check out and await delivery

Whether you buy an LG washing machine on EMI or one from Samsung, make your purchase as affordable as it can be by shopping from the Bajaj Finserv EMI Store during The Big Republic Sale.

Shop for Washing Machines on the Bajaj Finserv EMI Store

Get the latest LED television on EMI during the EMI Store’s The Big Republic Sale!

Buy your favourites smartphones on EMI including the new Nokia 6!

If you’re looking for a Nokia smartphone on EMI, shop for the power-packed Nokia 6 on the Bajaj Finserv EMI Store. Buy it on EMI starting from just Rs.1,250, along with a special price during The Big Republic Sale!

This Republic Day, why not indulge in a little retail therapy? Start the New Year on a high and treat yourself to a Nokia 6 by shopping from the Bajaj Finserv EMI Store. To make your purchase even more special, the Bajaj Finserv EMI Store is offering this phone to affordable EMIs starting from just Rs.1250. You may also get discounts and cashback offers, so check online to see what’s in store for you during The Big Republic Sale.

The Bajaj Finserv EMI Store has a hyperlocal network of over 43,000 merchants, so you get your chosen product almost instantly, within 24 hours! Also, shopping from the Bajaj Finserv EMI Store gives you the chance to shop using No Cost EMIs to make an expensive purchase even more affordable. Simply add the Nokia 6 to your cart, choose your payment option, and the smartphone will be delivered to your doorstep—no hidden charges, no complicated application processes.

If you’re looking for a smartphone upgrade but don’t know which one to pick, take a look at why the Nokia 6 makes the cut.

Excellent design

If you’re after a sleek yet durable phone, the Nokia 6 is certainly a good fit. It has a minimal, clean design, with a metal exterior that offers the durability that Nokia is known for. The precision-milled aluminium and Gorilla glass help you make the most of the Nokia 6, without worrying about bumps and scratches.

Immersive display

A 5.5-inch screen makes this phone a great pick if you regularly read or watch videos on your phone. The Nokia 6 boats of superior colour reproduction, giving you hues that are true to life. Besides, the display is easy on the eyes, even when you’re using your phone in bright daylight.

Rich sound

If you’re always listening to music on your smartphone, Nokia 6’s dual speakers and amplifier will impress you. It comes with Dolby Atmos Sound, so you can appreciate deep bass and great clarity, even when you turn up the volume.

Spectacular camera

Are you always clicking photos or shooting videos? If yes, then the Nokia 6’s cameras are sure to be your favourite feature. The phone comes with a 16MP phase detection, autofocus primary camera, as well as an 8MP secondary camera that’s ideal for selfies. The primary camera’s dual-tone flash helps you take beautiful photos even in low-light conditions, without any colour distortion.

Updated specifications

Powered by the latest version of Android, Android Nougat, Google Services, and a Qualcomm Snapdragon 430 processor, the Nokia 6 delivers superior performance. The clutter-free, user-friendly interface is supported by excellent battery life and great graphics performance. The phone also comes with 3GB RAM and 32GB storage that you can extend up to 128GB.

Now that you know why the Nokia 6 is the phone to invest in, take a look at why you should shop for it from the Bajaj Finserv EMI Store.

Make payment easy: If spending a lump sum is not part of your plan, you can shop on the Bajaj Finserv EMI Store using the No Cost EMI option. Simply repay the cost of the product in monthly instalments, without making any interest payments.

Enjoy a hassle-free shopping process: Simply add the Nokia 6 to your cart and proceed to checkout. You don’t have to make a down payment or complete any paperwork. In fact, you can also benefit from instant approval and pick a tenor of your choice!

Same-day delivery: You can buy a product on the EMI Store and get your product delivered to you within the same day. Once you add the product your cart, you can also choose the dealer from Bajaj Finserv’s partner stores from whom you wish to buy your product. You can also track the status of your order in real time.

Benefit from discounted prices: You can count on the EMI Store for discounted prices, offers and deals throughout the year.

Packed with winning features, the Nokia 6 is definitely a great mid-budget smartphone to invest in. When you shop from the Bajaj Finserv EMI Store during The Big Republic Sale, you can make the deal all the more exciting.

Shop for Nokia 6 on the Bajaj Finserv EMI Store

Top colleges in the world to study biomedical sciences

Top colleges in the world to study biomedical sciences

  • Biomedical science is a multidisciplinary field of study that combines life sciences, medicine, and technology
  • It offers promising career options in healthcare, public health and research in immunology, genetics and a lot more
  • Harvard University tops the list of colleges that conduct competitive programmes in the field, followed by University of Cambridge
  • Top colleges in Asian countries like Japan, China, and Singapore also offer programmes in biomedical sciences, mostly at graduate level

With the rise in the popularity of interdisciplinary studies in the last few years, biomedical sciences have emerged as a much sought-after choice for aspiring students. Combining life sciences with medicine and technology, this field has been conducting remarkable research in areas like microbiology, immunology, epidemiology, and genetics. It has and continues to contribute greatly to the understanding and treatment of human diseases. Biomedical engineering, an offshoot of biomedical sciences, is now being offered as a standalone degree by many leading colleges of the world.

A degree in biomedical sciences will open up a large number of promising career options for students, especially if they are interested in healthcare. For medical students who are equally passionate about technology, pursuing biomedical sciences can truly broaden horizons, both in terms of knowledge and professional growth. While these courses may be expensive to enrol in, there are many financing options available for students who wish to pursue a career in this field. You can get a scholarship at undergraduate courses or graduate stipends depending on your grades and past experience. However, universities have gradually reduced the number of scholarships over the last 5 years, and qualifying for these has become harder than ever. To finance your biomedical studies, you can opt for a loan against property for education. With low interest rates, long tenor ranging up to 20 years and access to funds up to 75% of the value of the property mortgaged, you can be rest assured of meeting your tuition fee as well as cost of living.

For a field as complex and multifaceted as biomedical sciences, a strong foundation built in a stimulating environment with guidance of the best experts and state-of-the-art research facilities is mandatory.

Here are the best universities where you can study biomedical science.

Harvard University, USA

Harvard University’s Medical School is among the most prestigious in the world. With nine Nobel Prizes to its credit, it is best known for its pioneering work in stem cell research and Parkinson’s disease. For those interested in both technology and biology, Harvard’s John A Paulson School of Engineering and Applied Sciences offers a one-of-its-kind biomedical engineering programme at the undergraduate level that includes studying neuro-engineering, biomechanics and medical instrumentation. The approximate cost of full-time yearly tuition here is Rs.30 lakh.

University of Cambridge, UK

Known for its path-breaking research in the areas of cancer and mental health, the Cambridge School of Clinical Medicine has been among the top three medical schools of the world for several years. It offers world-class graduate programmes in medicine, including a reputed MPhil. in biomedical sciences. It also enjoys the advantage of being closely associated with the Cambridge Biomedical Campus, one of the world’s largest (and the largest in Europe) health science and medical research facilities in the world. The approximate cost of full-time annual tuition here is Rs.17 lakh.

Oxford University, UK

Oxford offers a dedicated biomedical sciences programme at the undergraduate level. After undergoing a foundation course in biomedical science, students can opt to specialise in neuroscience or cell and systems biology. The faculty comprises leading experts from clinical and non-clinical departments. One of the facilities that current students swear by is the tutorials, where students can have one-on-one sessions with these experts. Established in the 13th century, Oxford is among the oldest medical schools in the world. The approximate cost of full-time annual tuition here is Rs.19 lakh.

Massachusetts Institute of Technology (MIT), USA

While it doesn’t have a medical school, MIT’s School of Life Sciences offers extensive undergraduate and graduate programmes in biological engineering, microbiology, brain and cognitive sciences, bioelectrical engineering and a lot more. It provides its students the opportunity to collaborate with scientists and be part of crucial medical research programmes. One of MIT’s most reputed research facilities is the MIT Center for Biomedical Innovation, known for its commendable work in biopharmaceuticals and biomanufacturing. The approximate cost of full-time annual tuition here is Rs.30 lakh.

John Hopkins University, USA

John Hopkins was the first ever research facility of America and the first graduate-level medical school in the country to admit women. Its teaching hospital and biomedical research facility, John Hopkins Hospital, is among the world’s best. The John Hopkins Biomedical Engineering School offers undergraduate and graduate programmes that are intensively research-based, where students get the opportunity to learn from top minds at the university’s medical school and engineering schools. The approximate cost of full-time annual tuition here is Rs.33 lakh.

Best colleges in Asia

Closer home, top ranked National University of Singapore offers bachelor’s and master’s courses in life sciences with specialisation in biomedical science. Osaka University’s Interdisciplinary Program for Biomedical Sciences offers master’s programmes in biological sciences, applied chemistry, environmental engineering, and advanced pharmaco-science, with expected continuation into its doctoral programme. Korea’s top university, Seoul National University’s Department of Biomedical Sciences also has a master’s and doctoral programme. The average cost of annual tuition is around Rs.20 lakh for these universities.

Your Guide to Applying for a Postgraduate Course in USA

Your Guide to Applying for a Postgraduate Course in USA

  • Global leadership and the presence of the world’s most reputed universities make USA the most sough-after education destination
  • Postgraduate courses offered by top American universities hold promising career options in academics and professional fields
  • When applying for a postgraduate degree in USA, the earlier you start the application process, the better
  • Make sure you meet all the eligibility criteria, have all your documents ready and have your test scores compiled before you send your application

USA is home to some of the world’s most prestigious educational institutions. Universities in America are the frontrunners of research in almost all fields. Every year, the US takes in close to 800,000-1,000,000 international students.

If you are a student looking to pursue a postgraduate degree in a foreign country, USA offers commendable research-led programmes and state-of-the-art facilities in both academic and professional fields. However, to make it to one if these universities, every application goes through an extensive evaluation process.

Go through our guide to make sure you send in a complete and impressive application well within the deadline.

Evaluate your eligibility

For postgraduate degrees, most American universities require applicants to have 16 years of formal education. In India, this typically adds up to 15 years (12 years of school and three years of bachelor’s degree). However, quite a few American universities now accept 15 years of formal education, often giving more weightage to other criteria like GMAT/GRE scores, academic scores, and statement of purpose. Before applying, make sure you check the eligibility criteria of your shortlisted universities on their websites. If you are targeting a particular university that is strict about the 16-year rule, consider taking up a one-year PG diploma course in India in a related field before you apply.

Some colleges require applicants to have some professional experience, especially if you’re applying for a master’s in medicine, technology, or education. So, taking a year or two off to take up a job or internship may work in your favour.

Plan your finances

Pursuing a postgraduate programme in USA can cost you anything between Rs.12.5 lakh to Rs.38 lakh. Here too, planning in advance gives you an important advantage. If you realise early on that you will require financial assistance, you can target colleges that offer scholarships and grants. These are usually merit-based for international students and you will have to submit a different application to be considered for them. In case you do not qualify for the scholarship or the amount granted is insufficient, you can also apply for a loan against property for education. The advantage of the latter is that you can avail a large sum of money—up to 75% of the value of the property mortgaged—at low interest rates and enjoy a flexible repayment tenor. This allows you to use the funds not only to pay tuition fees, but also other living expenses with ease.

Start early

The application process for a master’s programme in the US can be really intense and time-consuming. However, the earlier you start, the less stressful it becomes. Ideally, you should start working on your application towards the end of your second year of bachelor’s, which gives you enough time to shortlist your colleges, study their requirements, get your documents in order and—once you are enrolled—apply for a student visa. Most colleges have March as the deadline for accepting applications for sessions beginning in the fall. Some also accept applications as early as 8-10 months before the course commences. If you would like to be considered for a scholarship, it is best to meet the early deadline.

Ascertain test score requirements

A key component of your application will be your graduate admission tests scores. The most commonly accepted tests in USA are the Graduate Record Examination (GRE) and Graduate Management Admissions Test (GMAT). While GMAT is used for admissions in MBA programmes, GRE is not specific to any discipline. The cost of taking these tests ranges from Rs.12,500 to Rs.20,000. One test score is valid for five years. A number of publications like Princeton Review, Barron, and Kaplan offer comprehensive self-study guides with sample questions and practice tests.

Once you have received your scores, you can choose to reappear after 21 days. It is better to take the tests about 6 months in advance, so that you can reappear for them without missing your application deadline in case you are dissatisfied with your score.

For applicants from countries where English is not the native language, it is mandatory to submit proof of proficiency in English. You can appear for either the IELTS or the TOEFL, which are conducted all year round in most metro cities in India. The registration fees for both tests is around Rs.11,000 and both scores have a validity of two years, so you can take them in advance, much more your college application is due. Do note while English is one of the most commonly spoken languages in India, and is even used as the medium of instruction in most schools and colleges, this does not exempt you from submitting a proof of proficiency.

Figure out transcript requirements

Apart from your bachelor’s degree and final mark sheet, most colleges will also ask you to submit your academic transcripts. The advantage of starting your application process early is that you give your college enough time to arrange for these transcripts, which often take a long time. Your academic scores are converted into GPA before being evaluated by American universities. This is often done by the universities themselves, but some may ask you to send in converted scores.

All academic documents you provide must be clear, accurate and officially verified, bearing the stamp or signature of the issuing authority.

Write a good personal essay

Unlike undergraduate essays, which are more general, essays for postgraduate programmes need to clearly express your academic interests and aptitude for the course. This need not be in-depth knowledge of the field but more about your understanding of and your inclination towards it.

Whatever the course you wish to pursue, be realistic in expressing your knowledge and interest. Never present inaccurate facts. Not only are you likely to get caught, but it may also put you in a tough spot in case you are required to appear for an interview. Be clear and honest in what you write and things are likely to work in your favour.

The process of applying for a postgraduate course in a reputed American university will be a lot more manageable if you get the ball rolling early. Understanding the requirements of your shortlisted colleges and matching them with your aspirations, ability and resources will help you plan better and increase your chances of getting enrolled in a college and course of your choice.

What makes the Bajaj Finance Fixed Deposit a winner

What makes the Bajaj Finance Fixed Deposit a winner

Fixed deposits in India: An overview

One of the oldest forms of saving and growing wealth, FDs and their history is tied to the creation of the banking system in India. Banking established its foothold in the country sometime between 1906 and 1911, during the Swadeshi movement. This was the time when prominent businessmen and political leaders founded banks to preserve the public’s money. Many banks that were established then, still exist to this date. These include India Bank and Bank of Baroda, amongst others.

Post-freedom, India experienced a phenomenal growth in the banking sector. The Reserve Bank of India (RBI) and Imperial Bank of India offered extensive banking services. Apart from lending financial support to businesses, their primary motive was to preserve and secure the deposits of money made by the people. This gave birth to term deposits, popularly known as fixed deposits to preserve, protect and enhance the value of a depositor’s savings.

Today, FDs are one of the most widely used investment options in the country. They hold a prominent position in the mind of an Indian investor, primarily because they offer assured gains and aren’t linked to the market. According to SEBI Investors Survey 2015, more than 95% of the Indian population prefers FDs when they think of making an investment. In terms of preferred instruments, fixed deposits trump life insurance, mutual funds or stocks.

The highest FD interest rates in India

During 1995 to 1997, investors enjoyed the highest interest rates on their fixed deposit, which was a hefty 12.3% to 13%. Today, a rate over 7.3% is considered good.

Types of FDs

Fixed deposits are offered by banks and by companies. While bank deposits offer safety, in that a depositor gets a deposit insurance up to Rs.1,00,000, they do not offer high interest earnings. Company FDs are offered by financial institutions and non-banking financial companies and usually come with a higher interest payout. To keep your interest safe, you can choose company FDs with a high safety rating.

2017’s FD interest rate*: A snapshot

  1. Bank FDs:

    1. Central Bank:

      • Safety rating: CRISIL, FA
      • Interest rate: 7.3%
    2. HDFC LTD:

      • Safety rating: CRISIL FAAA ICRA MAAA
      • Interest rate: 7.15%–7.40%
    3. ICICI Bank:

      • Safety rating: CARE AAA FD, ICRA MAAA
      • Interest rate: 6.75%
  1. Company FDs:

    1. Bajaj Finance:

      • Safety rating: CRISIL FAAA, ICRA MAAA
      • Interest rate: 7.35–8.10%
    2. Dewan Housing Finance:

      • Safety rating: CARE AAA FD, BWR FAAA
      • Interest rate: 7.35–8%
    3. PNB Housing Finance:

      • Safety rating: CRISIL FAAA/ STABLE
      • Interest rate: 7.35–10.42%

* These rates depend on the tenor, corpus and plan selected.

What is the Bajaj Finance Fixed Deposit?

The Bajaj Finance Fixed Deposit is a company FD. This means that an investor can deposit a sum of money with Bajaj Finance, an NBFC, for a fixed term. Over this period, the corpus that is invested earns interest. Unlike bank FDs, company FDs are unsecured. This means that they carry some element of risk. But, company fixed deposits are governed by the Companies Act, Section 58A and have stability ratings to help you choose a credible one.

Take a look at how this works in reality.

Assume you are a 32-year-old professional working in a research firm. You want to purchase a new hatchback car. But, you will have to raise money to fund this purchase via an investment. So, you decide to invest Rs.3 lakh in a cumulative fixed deposit with Bajaj Finance.

Info_How to make Rs1 crore by an FD investment in 5 years

Assuming that you are getting a rate of interest of 7.8% per annum, and you invest for 3 years, you will be able to build a corpus of Rs.3.76 lakh. Here, Rs.3 lakh is the initial investment and Rs.76,000 is the interest that the amount has accrued. Since it is a cumulative fixed deposit, you can access both these components at the lapse of your tenor.

Here’s a quick look at the benefits that Bajaj Finance Fixed Deposits offer:

  • They offer safe and stable growth for your savings.
  • They can be liquidated easily in case of an urgent need of finance.
  • They offer attractive rates of return, and higher interest for senior citizens.
  • They are uninhibited by market forces. So, they provide your money more security.
  • They let you choose from cumulative and non-cumulative payouts, depending on your requirements.
  • They can be started with a nominal amount. You only need a minimum of Rs.25,000 to start one.
  • You can choose a tenor according to your investment plan. 

5_Info_Advantages-of-a-Bajaj-Finance-FD

How does the Bajaj Finance FD safeguard your interest?

Even though FDs are one of the safest forms of investment, you want to be absolutely sure that your hard-earned money is in good hands. To do this, you must pick an FD that has been awarded a high security rating. The higher the rating, the more credible the fixed deposit provider is. Broadly speaking, agencies such as CRISIL, ICRA and CARE provide various fixed deposits security ratings. So, you must make a note of this and understand what the rating means before you pick one.

Bajaj Finance’s Fixed Deposits have an FAAA rating awarded by Crisil, and MAA rating by ICRA, which is the highest possible safety rating for repaying interest and principal amount on time to its customers.

What are your options?

Essentially, fixed deposits are of two types: cumulative FDs and non-cumulative FDs. The differentiating factor is the manner in which interest is paid to you. Cumulative FDs involve accumulating the interest of the FD over the tenor and receiving it directly at maturity.

Whereas, non-cumulative FDs let you invest a sum of money and gain periodic returns (monthly, quarterly, semi-annually or annually) from it, mimicking a salary or pension. Each of these types has its own benefits. You can pick an option depending on the end goal of making the investment.

2_Info_Cumulative versus non-cumulative FDs A comparison

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For example, take the case of Mr. Lalwani. He works as a CA in a reputed organisation. He realised that he wanted to raise money to fund an international holiday for his entire family. Making a direct purchase would mean that his finances would take a hit, and Mr. Lalwani wasn’t in favour of this. He also didn’t want to borrow a loan. So, he decided to invest a sum of Rs.4 lakh in a non-cumulative FD, with a good interest rate of 7.85%, for a period of 4 years.

At the end of the tenor, he earned an accumulated interest of Rs.1.4 lakh over and above the invested corpus, thus enabling him to fund a holiday. Consider this: Had Mr. Lalwani invested the same amount for the same duration, at the same rate of interest for a monthly payout, his accumulated interest would have been Rs.1.25 lakh.

As you can see in this example, Mr. Lalwani’s need wasn’t immediate. Hence, cumulative FDs suited his purpose the best. Similarly non-cumulative FDs could come handy for other purposes like for senior citizens who want a periodic payout for lifestyle expenses.

How to choose the right FD

You can choose the most convenient FD based on various factors; for example, by considering interest rates, examining your needs, the payout convenience, liquidity and so on.

Here are some ways to decide on the FD:

  1. By interest rate: The interest rates for FD will vary from one financial institution to another. But, before you decide on one, make it a point to scan the market thoroughly. This will introduce you to various interest rates, which you can then compare. Accordingly, select a lender that offers you the best rate. Even a minor difference in interest rates will impact your fund’s growth.

3_Info_Bajaj Finance's FD interest rates

For example, if you invest Rs.5 lakh in a fixed deposit with a rate of interest of 7.5% for one year, at the end of the tenor, you will have Rs.5.37 lakh. But, if you invest the same amount in an FD that offers 8.10%, the amount at the end of the tenor will be Rs.5.40 lakh.

  1. By payout convenience: There could be various formalities to perform when you are getting the interest payment. This could include paperwork, or payment of certain charges. You should select a lender that offers the quickest and fastest payout.
  1. By liquidity: Not all fixed deposits are liquid. Some lenders have strict policies that levy fines or penalties for withdrawing an FD before its maturity date. If liquidity is a priority for you, refrain from investing with a lender that has your money locked down for the duration of the tenor.
  1. By examining your needs: Ask yourself why you are investing in an FD. Is it to purchase a vehicle? Is it for retirement? You can then select an FD that matches these requirements.

How to have the figures at your fingertips?

The key to understanding which fixed deposit is best for you is to have all the facts and figures accessible at a glance. A smart way of doing this is to use a fixed deposit calculator. You have to input the investment amount, interest rate, and tenor, and choose between cumulative and non-cumulative payouts. Then, the calculator will tell you how much you will have at the end of the investment period in a matter of seconds.

6_Info_Benefits of using an FD calculator

Take a look at the FD calculator’s many benefits:

  • View your returns: Since the calculator has fields or sliders to adjust the tenor, principal and interest rate, it shows you how your investment’s gains will vary when the variables change.
  • Choose the right tenor: Since it shows you the returns at various tenors, it enables you to select one that matches your expectations with regards to returns.
  • Easy comparison: An FD calculator gives you results in mere seconds, and so, it makes light work of comparing various fixed deposits. With its results, you’ll be able to pick the best fixed deposit easily.
  • Easy to use: These calculators have user-friendly interfaces that make them easy to use. You have to just fill in a few details to get an overview of the prospective investment.
  • It is accurate: Unlike doing the calculation manually—which is a long and complicated process—using a fixed deposit calculator is much simpler. Since a computer carries out the mathematical calculation, there is also no room for error. You will get accurate results every time. The same can’t be said for when you do the calculations manually.

How to save tax on your Bajaj Finance FD

The returns you earn from a fixed deposit are taxable. However, several investors are unaware of the tax rules that govern this investment. Here’s a look at what you need to know:

  • If your total income, including returns from fixed deposits, is lower than the taxable bracket, don’t have to pay any tax on it. As long as you submit form 15G/15H, you can avail this benefit.
  • In all other cases, the interest earned will be taxed at the same rate as your income, if it crosses Rs.5,000/Rs.10,000 (depending on the financial institution). This means that it can be taxed up to 30%.
  • You can also save tax by filing declaring your returns. Even if you have invested in a cumulative fixed deposit, declare the interest income each year. This is because your lender is probably deducting TDS and depositing it against your PAN. Doing this will avoid inconsistent details in your tax credit statement.
  • Opening multiple FDs in various banks or bank branches is not a good way to save tax. This is because the IT Act takes into account your total earnings from fixed deposits in a year. This is an aggregate figure and includes all the FDs in your name.
  • It is also believed that you don’t have to pay tax if you invest in the name of your non-working spouse, child or any other family member. But, this is a myth. The interest income will be added to your bracket and will be taxed according to your tax slab.
  • If you invest in a tax-saving FD with a lock-in period of 5 years, you get an exemption under section 80C. According to this section, the amount invested is exempted up to Rs.1.5 lakh per year.

12_Info_Who can open an FD with Bajaj Finance

Why should senior citizens choose the Bajaj Finance FD?

Senior citizens need to find a way to secure their future financially. To do this, they must make investments that are flexible and at the same time offer decent returns. Their investment instruments must be secure and mustn’t require constant monitoring.

Also, since they don’t have a steady income, senior citizens need an investment that is not linked to market forces, as they don’t have the earning capacity to offset any losses. While many investments don’t cater to these needs, fixed deposits do the job perfectly. In fact, the Bajaj Finance Senior Citizen Fixed Deposit offers a lot of benefits for senior citizens.

Primarily, the Bajaj Finance FD offers senior citizens an interest rate of 8.10%, which is much higher that what other customers get. This means that while other customers benefit from 7.85% interest rate, senior citizens get more value for the same amount of investment.

Besides this, here are the other benefits that it offers:

  • High stability and credibility: Stability and safety of income is most important for senior citizens. Bajaj Finance’s FDs feature an MAAA rating by ICRA and an FAAA stable rating by CRISIL. This ensures that your investment is in safe hands.
  • Online account management: The online account management service offered by Bajaj Finance lets you manage your fixed deposit easily, from the convenience of your home.
  • Doorstep service: It is tiresome for senior citizens to wait in long queues and complete formalities. But, this shouldn’t deter you from investing in FDs. So, when you opt for Bajaj Finance’s FDs, you have the option to call a representative home and complete the application procedure.

Minimal deposit amount: You only need a minimum of Rs.25,000 to start this fixed deposit.

7_Info_Documents-required-to-start-an-FD-with-Bajaj-Finance

How does your FD become a tool for financing?

You can use your FD to get finance in the form of a loan. You can get a loan of up to 75% of the loan value. The interest rate that you have to pay will be at least 2% higher than what you’re gaining from your fixed deposit.

4_Info_How to take a loan against your FDs

Take a look at a few of the advantages a loan against a fixed deposit offers:

  • It averts the risk of submitting valuable assets as collateral. Hence, you can keep assets like property protected.
  • Loans against FD usually come with easier application formalities since you are submitting your FD as collateral. This means that your loan will be approved faster.
  • If you have a non-cumulative FD, the monthly returns can be used to pay a small portion of your loan’s EMI, thus lowering the repayment burden.
  • Also, these loans have lower interest rates since you are submitting some form of collateral.

How does an FD provide liquidity?

Liquidity is an important aspect of any investment option. Liquid FDs enable you to raise money instantly in cases of emergencies. The Bajaj Finance FD features flexible premature withdrawals. This means that no matter what your emergency, you can use the money from your FD. But, some FDs require you to pay hefty charges when you want to exit your deposit prematurely. Read the fine print to avoid this from costing you.

How much income should you park in your FD, based on your risk capacity?

How much you should invest in fixed deposits will vary from investor to investor as it depends on your risk appetite. While investors with a good risk appetite might consider investing less money in FDs and more in market securities, investors with a low risk appetite will do just the opposite. Here’s a quick run-through.

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  1. If you are a conservative investor: If you like to play it safe and invest heavily in low-risk options, invest less in market related securities like mutual funds or equity and more in an FD.
  1. If you are a moderate risk investor: If you are a moderate risk investor, you usually like to gain from having a diverse investment portfolio. You try to maintain a 50:50 mix by investing equally in both high-risk and low-risk investments. So, you should consider investing equally in fixed deposits and other instruments.

9_Info_Fixed deposits vs stocks

  1. If you are an aggressive investor: If you seek large capital gains in a short or medium term and have a big risk appetite, you are an aggressive investor. So, you must focus more on investment options like equity and mutual funds, and add fixed deposits to your portfolio as a secondary option or safety net.

No matter what kind of investor you are, an FD is an essential part of a diversified portfolio. Strengthen your investment by investing in a Bajaj Finance FD today. Click here to explore this option in detail.

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