Bajaj Finance offers best interest rate on Fixed Deposit

You might be happy with a nominal monthly salary. However, as you move forward in the journey, life has no plans to make it simple. While earning and taking care of your day to day needs, you might come across sudden and unexpected expenses that challenge you financially. Moreover, it is also important to take care of such uncertainties beforehand and save as much as you can. An effective tool that can help you fight this war of never-ending expenses is an investment. By investing you can make your money work for you and can take care of your present and future needs.

Nowadays the market is flooded with investment options. Each investment option varies and is associated with its own risks and returns. However one of the most popular and best investment options is Fixed Deposit Investment.

Fixed Deposit (FD) Investment:

A Fixed deposit is a type of investment in which the investor deposits a certain amount of money for a certain period in a bank or a company.

Now, when it comes to a fixed deposit investment, the choice of the financial institution plays a critical role. The terms, conditions and flexibility of your investment, depend on the financial institution that you approach. The interest rates offered on FD investment also play a key role in this choice as it directly affects the amount that the investment will fetch. As a reason, irrespective of your experience in the investment field, confusion is bound to be there. Bajaj Finserv understands your situation very well and gives you one of the best offers on FDs that includes attractive interest rates. Here is how you can make your FD investment beneficial by availing best interest rates on Fixed Deposit Investment.

Benefits of Bajaj Fixed Deposit:

  • Interest Rate on FD: Investment is all about getting maximum returns. So why settle for less? While you are searching for best interest rate options all around you, NBFCs like Bajaj Finserv make your choice clear with the attractive interest rates on Fixed Deposit Investments. The Bajaj Finserv FD interest rates of 7.85% help you manage finances efficiently by providing high returns on investment.
  • Benefits to existing loan customers: In case you are an existing loan customer of Bajaj Finserv, you can avail an additional interest rate of10%.
  • Interest Rates on renewal: The renewal of your existing fixed deposit accounts can make your FD investment profitable with attractive interest rates of 7.95%, 8.20% and 8.05 % for all customers, senior citizens and existing loan customers
  • Additional Benefits for senior citizens: Investments play a crucial role in senior citizen’s life. There is a need to opt for a secure and safe investment option that can offer high returns and other benefits. An additional interest rate of 0.25% is provided for senior citizens as a benefit of Bajaj Finserv FD.

Knowing about the amount, that you will be earning from the FD investment is essential as it helps you plan things efficiently. A Fixed deposit calculator helps you to determine the maturity amount of the FD. All you need to do is enter the principal amount and the tenor of the fixed deposit in the online Bajaj Finserv FD calculator. The calculator quickly displays the interest amount earned as well as the total maturity amount. 

So, opt for quick and easy NBFC investments and get maximum returns from the high-interest rates. Make a wise choice and don’t let the financial barriers bother your dreams.

Calculate your Maturity Amount

Invest in Fixed Deposit

Secure your Future with Bajaj Finance FD

There is no sense in letting your hard earned money sit idle and not multiply. Earning money might be one of the most important aspects of an individual’s life but what good is it if it cannot be multiplied. Saving it in the bank account would not bag you a considerable amount of income. However, if you invest it properly, you can help your surplus amount to grow. All you need to see your money multiply is if you invest a decent amount of time in finding the best investment option for your savings.

When it comes to a risk-free investment coupled with considerable returns to beat inflation, fixed deposit investment is the best option. Similar to other decisions which you take in life, under FD it is important that you emphasise on the objectives first. For a successful investment, it is important to have a basic know-how. Basic knowledge along with modern approach will help you understand the impact of Non-Banking Financial Companies (NBFCs).

NBFCs have taken the investment avenue by storm after providing lucrative deals like no other. Especially NBFC such as Bajaj Finance has made fixed deposit investment a much considerable option than ever before. Yes, it is a tough time in the investment phase, regardless of this, the NBFC is providing a lucrative fixed deposit option for people looking to safeguard their future.

How can you secure your future with Bajaj Finance FD?

Risk-free investment: For you to secure your future financially, it is essential that you invest in a risk-free avenue. The amount that you accumulate over the course of years or maybe lifetime is not meant to be risked. On the contrary, it is neither to be kept idle. It deserves to grow so it can help you strengthen you and your family’s future.

Returns: After having selected a risk-free investment avenue such as Bajaj Finance fixed deposit, it is important that you get returns. The best part about investing in Bajaj Finance FD is that you get appreciation over the investment and it is not lying idle.

Interest rate: The generation of profit on fixed deposit is solely based on the rate of interest. Under fixed deposit investment, the interest rate is a pivotal factor. The higher the interest rate, the higher will be the returns. Over the period of few years, your investment can achieve a good amount of appreciation.

Transparency: The best part about investing in a fixed deposit is that you already know about the returns. Financial institutions will specify right at the start about the gains. Thus, you can have a fair idea about the appreciation of your investment.

Safety: Investing in a trustworthy NBFC such as Bajaj Finance helps to keep your amounts safe. An added advantage of investing in a fixed deposit is that you can prevent the amount from getting spent since there exists a lock-in period. Often when keeping your money secured in a savings account, you happen to take it away even if you feel the slightest need.

The aforementioned points should be considered in order to secure the future. Know that India’s more than just an emerging market which is experiencing growth at an exceptional rate. Investing in safe mediums such as fixed deposit will help in reap high rewards over a period of few years.

Calculate your Maturity Amount

Invest in Fixed Deposit

Make your next vacation affordable with the Bajaj Finserv EMI Network

Make your next vacation affordable with the Bajaj Finserv EMI Network

The festive season may be the perfect excuse to spend some quality time with your family on a much deserved vacation. And with the Bajaj Finserv EMI Network, you can make sure your next holiday does not burn a hole in your pocket. 

Simply book a vacation through a Bajaj Finserv partner and benefit from easy equated monthly instalments (EMIs). Not only do you get to divide the cost of your vacation into instalments without the burden of interest, but you can also win exciting prizes thanks to the ongoing Bajaj Finserv Sparkling Diwali sale!

Simply check out your pre-approved EMI limit and begin!

Book your holiday and get lucky

Book a holiday to your dream destination with MakeMyTrip, Cox & Kings, via.com, SOTC, Musafir.com and Thomas Cook between 21st September and 20th October 2017, for a chance to win a swanky car, stylish bikes, and gold vouchers!

Here are the prizes on offer during the Bajaj Finserv Sparkling Diwali sale:

  • 12 cars for the highest spenders during the offer period
  • 68 bikes for daily highest spenders
  • 615 gold vouchers other high spenders
  • Chance to 100% cashback on LG LED TVs
  • New customers can win a Rs.70,000 MakeMyTrip voucher every week
  • New customers also take home assured MakeMyTrip discount e-vouchers

Simply book your vacation with the Bajaj Finserv EMI Network for big offers and even bigger savings!

Why travel with the EMI Network?

With the Bajaj Finserv EMI Network, you don’t have to worry about the expenses of your holiday upfront. And this can be the difference between a domestic holiday and an exotic international vacation!

Upgrade your vacation plans and choose from an array of other benefits such as:

  • Easy EMI
  • Instant approval
  • Minimal documentation
  • Flexi tenor options

Book your next holiday and shop for your favourite products across 50 different categories at more than 43,000 partner stores. Get everything on EMI! Think it. Done with the Bajaj Finserv EMI Network.

Unlock your pre-approved EMI limit Find the latest deals

Redecorate your home and upgrade your wardrobe with the EMI Network

Redecorate your home and upgrade your wardrobe with the EMI Network

With the festive season upon us, now is a great time to redecorate your home and upgrade your wardrobe. Check out the best deals on furniture, clothes, accessories, and more with the Bajaj Finserv EMI Network.

This Diwali, find the best in furniture from @Home, Lifestyle Home Centre, Evok, Hometown and Urban Ladder between 21st September and 20th October 2017 and stand the chance to win cars, bikes, and gold vouchers.

You can also buy your favourite kurtas, lehengas, sarees, and other traditional wear on No Cost EMI! All you need to do is select the Bajaj Finserv EMI Network to make your payment.

And the best part, you can avail this and more even if you don’t own a Bajaj Finserv EMI Card! That’s right, simply discover your pre-approved EMI limit and start shopping.

Win cars, bikes, and gold

Bajaj Finserv EMI Network is offering a host of prizes for the highest spenders during the offer period. For the 12 highest spenders during the offer period, Bajaj Finserv is giving away 12 brand new cars! The top spenders of the day stand the chance to take home a flashy new bike –there are 68 of these to be won, while others can win one of 615 gold vouchers!

Plus, you can win up to 100% cashback when you purchase an LG LED TV.

New customers of Bajaj Finserv who qualify as the top spenders of the week can win a foreign travel voucher worth Rs.70,000 from MakeMyTrip. You can also get assured holiday discount vouchers with your purchase as well!
Also Read: This Diwali, shop for the latest electronics on easy EMI
Buy clothes, accessories, footwear, watches, handbags, and more to look your best this festive season. Redecorate your living room and bedroom with the latest furniture and bring in prosperity. Check out the best deals and offers on the Bajaj Finserv EMI Network.

The EMI Network: 1 million+ products. 50 different categories. 43,000+ partner stores. 950 + cities. Think it. Done with Bajaj Finserv.

Unlock your pre-approved offer Check out the best offers

How To Find Your Business Niche

How To Find Your Business Niche

Finding your business niche is your first step to success, as it addresses a gap in the market or caters to a specific need. It also gives consumers a clear and direct message about what you do-one that they are more likely to remember. You can take a niche approach in terms of your area of operation, the audience you cater to and even the platform you sell through.

Take a look at how you can find your business niche:

Explore Your Passions and Skills:

  • Start by making a list of what your passions and skills are. Then you can craft business ideas that match them.
  • If you start a business that you are passionate about, it will motivate you consistently and push you to achieve more.
  • When you put forth all your effort into a niche idea that you feel strongly about, you instantly boost your chances of making profits.

Conduct Market Research and See Where Your Idea Fits in:

  • Market research is important for the success of any business. It gives you needed data about the segment, the demand and the competitors operating within your chosen niche.
  • This will help you zero in on a target audience and help you define your USP better. It will also tell you if your niche has been explored by several other people and has lost its novelty value. If this happens, go back to step one and identify a new niche or think of a way to tweak your offerings.
  • You can also learn from how other businesses have performed in the same sphere. This will give you a head start and prevent you from making the same mistakes or learning valuable lessons.

Study Your Competition and See If You Can Offer Something Better:

  • Once you have narrowed down on your focus area after your initial market research, study your competition in detail.
  • See how their products are priced and marketed, and calculate how much of the market they are tapping into. Also see how much you will need to pay for related activities or services such as inventory costs and distributions costs. Consider how your competition pays for this.
  • Then consider your own offerings and think about whether you can offer your target audience something better than your competition. This may be in terms of lower pricing, a free product or service or a more evolved design.

Calculate Profitability in Your Chosen Segment:

  • While it is admirable to follow your passion, a business must result in profits too.
  • Study the various costs attached with the product or service you are thinking of providing. This will help you understand if it a viable proposition.
  • Make note of the laws and market forces that can affect your business’ bottom line and also pay attention to profits of similar firms.
  • You can identify profit patterns and take the necessary measures to ensure success for your SME.

Know That You Cannot Please Everyone and Test Your Business Idea:

  • A product or service is bound to receive positive, mixed or even negative reviews initially. Don’t forget that niche business is all about gaining profits from repetitive sales made by a set of loyal customers. So, take negative feedback in your stride and focus on the audience you’re catering to.
  • Before setting up shop, be sure to test your idea. This will give you valuable feedback and will allow you to eliminate any glitches. This way, when you start operations you will have less to worry about.
  • This activity will also increase transparency and build trust with customers.

Once you find your niche, make sure you arrange convenient and affordable means of business finance. Grow your business with a Business Loan from Bajaj Finserv. This loan offers you various benefits like flexible tenor, line of credit and competitive interest rates.

Apply for Business Loan Online Check your Business Loan Eligibility

This Diwali, shop for the latest electronics on easy EMI

This Diwali, shop for the latest electronics on easy EMI

With Diwali around the corner, now is the best time to shop for the latest electronics. Shop across the Bajaj Finserv EMI Network, get the biggest offers and discounts on some of the best brands in the market, and stand the chance to win a host of prizes including cars, bikes, and gold!

Visit a partner store, choose your favourite products, select a tenor that works for you, and pay for it on easy EMI. And the best part? You can shop even if you don’t own a Bajaj Finserv EMI Card.

Simply discover your pre-approved EMI limit and start shopping today!

Loads of prizes to be won!

You can opt for easy EMI when you shop for the latest electronics and gadgets from Samsung, Sony, Vivo, LG Electronics, Oppo, Whirlpool, Lloyd Electric, Godrej, Panasonic, and more. The highest spenders over the offer period of 21st September to 20th October stand to win one of these amazing prizes:

  • 12 cars for the highest spenders
  • 68 bikes
  • 615 gold vouchers
  • Up to 100% cashback on LG LED TVs

New customers are also eligible for the following rewards:

  • MakeMyTrip foreign travel vouchers worth Rs.70,000 to be won
  • Assured MakeMyTrip discount e-vouchers during the promo period

You can avail the above offers on many home and kitchen appliances and gadgets. From the latest televisions to refrigerators, ACs, washing machines, laptops, smartphones, smartwatches, tablets, microwaves, dishwashers, and more, everything is available on easy EMI this Diwali.

Pay with ease using Bajaj Finserv EMI Network

The Bajaj Finserv EMI Network works like pre-approved loan. All you need to do to get your appliance is to choose your product and select an EMI plan. Next, you swipe your card and get an instant approval. The only pre-condition is that the swipe amount must not be greater than the available credit limit.

Why Bajaj Finserv EMI Network?

The benefit of the Bajaj Finserv EMI Network is that you can convert your bill into easy EMI. And unlike other products, there is no extra interest charged on the EMI. Plus, there’s minimal documentation. You also get the benefit of flexible tenors and zero prepayment/foreclosure charges.

Bottom line

Why wait till the next sale when you can click pictures with your new smart phone this festive season! There are 1 million+ products from 50 different categories on offer at more than 43,000 partner stores across 950 + cities. This Diwali, make your shopping both fun and satisfying with India’s fastest growing EMI network. Think it. Done with Bajaj Finserv.

Unlock your pre-approved offer Check out the best offers

Tips on Making Prudent Investments After Retirement

While you may have saved money before retirement, investing it correctly after retirement helps manage your finances efficiently, so you can enjoy the same standard of living as you were before. The returns from investments can be used to pay for your living expenses, your family’s expenses, and perhaps even pending responsibilities like your child’s or grandchild’s education. Banks, financial institutions, and the government have all come up with numerous schemes that can help you finance your retirement better. Some of these include fixed deposit schemes, senior citizen saving scheme, post office monthly income scheme and mutual funds.

Investment Options that are Beneficial for You Post Retirement

Before choosing one or even multiple investment options, it is important to conduct detailed research of the various available schemes, and then determine what it is you want from them. While some offer high returns, others keep your savings safe. If you are investing post retirement, it is best to keep your risk at the lowest and divide your investments among the options that give you liquidity, tax savings, and good returns.

fd apply

When making a final decision, you can choose the best investment option for yourself from these top schemes for senior citizens:

  1. Fixed Deposits:

    Most risk-averse investors prefer fixed deposits over other forms of investment. This is because FDs offer growth for your savings while keeping them absolutely safe and sound. They deliver steady and fixed returns over your chosen tenor. The interest rate on FDs for senior citizens is also usually higher. Bajaj Finance, for example, offers its senior citizen customers up to 8.10% interest depending on the fixed deposit scheme selected. Not only do FDs offer a range of financial gains, they are also free from market fluctuations, making them a risk-free investment. There are numerous schemes for FDs that you can choose from, like recurring fixed deposits, cumulative deposits, and non-cumulative deposits.

  1. Senior Citizen Savings Scheme:

    The Government of India has created a personalized option of investment for senior citizens seeking retirement income. Called the Senior Citizen Savings Scheme, this offers its investors high interest returns of up to 9.2%. In this scheme, investors can deposit a maximum amount of Rs.15 lakh and is ideal for customers aged 60 years and above.

  1. Post Office Monthly Income Scheme:

    This scheme offers its investors an interest rate of almost 8.5%. It was designed for senior citizens and is sponsored by the Indian Post Office. This scheme helps the investor receive a steady monthly income, and involves investing money over a period of 6 years with a maximum investment of Rs.4.5 lakh. The returns from this option are taxed based on the income bracket of the investor.

  1. Mutual Funds:

    With a bit of research and study, you can mitigate the risks associated with mutual funds and get high returns as well as tax deductions on your investment. Check the asset manager and the fund’s performance over the last few years to judge its safety and invest in equity via this option. It is important to note that mutual funds rise and fall with market fluctuations that can be unpredictable, which makes them a slightly riskier option to invest in.

Any or all of the above choices could be ideal for a retiring investor, but it is important to keep in mind that while selecting an option, you should carefully examine the terms and conditions attached with every investment scheme. This will give you an idea of what you are entitled to and the rules binding your investment.

When looking for the right financial company to entrust your post-retirements savings with, consider Bajaj Finance. It offers high interest on FDs and more safety on its mutual funds to give you the best returns.

Know About Senior Citizen FD

Invest in Fixed fixed-deposit

Wise Investment Options for Retired People

Narayan Verma worked as a manager in a packaging company and knew with each passing day that his retirement was close. However, Narayan had a family along with two grandchildren to support. As a result, he needed to find an option that would secure their future. After a lot of research and numerous discussions with his employers, well-wishers, and mentors, he came to the conclusion that he had to find a suitable investment scheme that could financially secure life after retirement for his family and himself. He decided to meet with his chartered accountant and get an estimate of his savings. After an in-depth look at his finances, he invested in a fixed deposit, apart from signing up for an insurance policy.

fd apply

Today, Narayan receives monthly interest on his fixed deposit and pays all his expenses with his own income. Additionally, the insurance policy will give a fixed amount of money to his family in the event of his demise and safeguard their future.

If you are seeking retirement, you can easily follow Narayan’s example and secure both your and your loved ones’ futures. When it comes to investments, there are numerous options to choose from like fixed deposit, senior citizen savings scheme, mutual funds and many more.

Various Options Suitable for Retirees

  1. POMIS: The Post Office Monthly Income Scheme works on a monthly income basis. You can invest any given sum and gain up to 8.5% in the form of periodic returns. The tenor is a fixed period of 6 years. The maximum amount that you can invest is Rs.4.5 lakh. The returns from this option are taxed based on the income bracket of the investor.
  2. Mutual Funds: This option is ideal for investors who know how to deal in equity and have a healthy appetite for risks. As a retiree you can invest a lump sum or adopt an SIP approach to invest in mutual funds and gain high returns. It is important to check the ratings of the asset manager of your mutual fund and do some research before you invest, since these are affected by market ups and downs.
  3. Company FDs: Steady interest rates, smooth growth, and optimal safety are some of the major benefits offered by fixed deposit schemes. It is remarkably easy to take a sum of money and invest it in an FD, and benefit from high FD interest rates that are fixed. The normal rates of interest range from 7% to 8.30%; with senior citizens getting the highest rates of interest. FDs with longer tenors offer increased maturity for your savings while those with shorter tenors offer more flexibility and quick returns.
  4. SCSS: The Senior Citizen Savings Scheme is designed exclusively for senior citizens and retired investors. If you invest in this scheme, you can benefit by earning interest up to 9.2%. In this scheme, investors can invest an amount of up to a maximum of Rs.15 lakh.
  5. National Savings Certificate: An exceptional idea is to invest a recurring amount on a monthly basis and make it grow over a period, which is exactly what the NSC does. It involves investing a minor sum of at least Rs.100 on a monthly basis and gaining interest. After 5-6 years the amount matures and can be withdrawn.

All of these options are ideal for retiring or retired investors as they are mostly low risk and can protect your earnings.

Get the most rewarding investment options with Bajaj Finance, which offers FDs at attractive rates of interest for senior citizens with liquidity, easy application and flexible interest pay-outs.

Know About Senior Citizen FD

Invest in Fixed Deposit

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