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.