FDs vs liquid funds: How to choose the right investment

Planning A World Trip In 5 Years? Start Investing Money To Finance It

A world trip can be a relaxing and rewarding experience; however, it is also an expensive endeavour. To take an enjoyable holiday without worrying about the cost, it is important to begin investing accordingly.

A world trip is sure to be an experience to cherish, but does require a significant amount of money. Today, an average world trip can cost approximately Rs.15 lakh. Rather than saving up, if you make smart investments, you can finance your world tour in five years or less. Some of the rewarding investment options in this category are mutual funds, equity linked saving scheme, gold exchange traded funds, national pension scheme, and company fixed deposits. A combination of these options can easily help you accumulate enough funds to go for an exciting world trip.

Here are the investment options in detail with expected returns to fund your world tour:

  1. Company FDs:



  • This option provides a high amount of stability for the invested amount.
  • It allows you the freedom to choose between cumulative and non-cumulative FDs, depending on your requirements.
  • Cumulative FDs provide you interest at end of the tenor, while non-cumulative FDs provide interest on a monthly, quarterly, half-yearly, or annual basis.
  • Anytime use FD Calculator to calculate your maturity amount.

Read more about the difference between Cumulative & Non-Cumulative FDs here https://blog.bajajfinserv.in/cumulative-fd-and-non-cumulative-fd/ 

  • In this option, you can receive an interest rate between 7% to 8% annually.
  • FD (Fixed Deposits) are an integral part of any investor’s portfolio, especially if you do not like taking risks.
  • Investing a part of your savings into FDs can go a long way in saving enough money for a world trip five years down the line.
  1. National Pension System (NPS):
  • NPS offers a greater choice over allocation of savings, as compared to most other 5-year investment options.
  • It provides an average annual nominal return of up to 11%.
  • NPS has an administrative structure that is investor friendly. Technological changes are put in effect faster in the National Pension Scheme.
  • NPS offers a lot of flexibility during retirement. You are allowed to postpone withdrawal of the lump sum amount up to 10 years.
  • It contains a mandatory annuity component that provides more protection against long-term risk.
  • The generous 11% returns make NPS one of the most lucrative investment options if you are considering a world trip after five years.
  1. Gold Exchange Traded Funds (ETFs):
  • Gold ETFs are open-ended mutual funds that provide quick and convenient dealing through a demat account.
  • They feature transparent pricing and are taxed like mutual funds, with no deductions under Section 80C.
  • They offer an annual rate of return up to 7%.
  • Gold ETFs provide high liquidity, no storage and security issues, and lower volatility as compared to equities.
  • Gold ETF is a passive investment; when gold prices increase, the value of the ETF increases, and when gold prices decrease, the ETF loses its value accordingly.
  • Combining your Gold ETF investment with fixed deposits is a good way to assure stable returns, and make your world trip a certainty.
  1. Equity Linked Savings Scheme (ELSS):
  • ELSS offers tax-saving mutual funds.
  • 5-year returns from ELSS can go up to 13%.
  • It has a 3-year lock-in period.
  • You can save income up to Rs.1.5 lakh under Section 80C by investing in ELSS.
  • ELSS funds are divided into growth and dividend plan options. The growth option is advisable for long term investments like planning a world trip, as it provides higher returns.

Learn more about investing in equity-linked savings schemes https://blog.bajajfinserv.in/your-guide-to-investing-in-equity-linked-savings-schemes/

  1. Balanced Mutual funds:
  • This option involves investing money in market securities issued by organisations to raise money for certain purposes.
  • The rates of return in this option range from 8-9%.
  • This option allows you to invest in a diverse range of funds like gold mutual funds, diversified mutual funds and more.
  • This option is, however, heavily under the influence of market forces, so the returns are not safe and guaranteed.
  • This option offers you a high level of liquidity. You can instantly sell securities to raise cash.

You can choose any one or even a combination of these options. The ideal portfolio to facilitate a world trip would be to select a mix of high risk and low risk options. As your first step towards saving enough for a world trip, try investing in simple FDs.

Calculate FD Maturity Amount Invest in FD Check FD Interest Rate

6 Things to know about a Personal Line of Credit

Just Started Working? Here Are Few Investment Options For You

Even professionals who have just started working need to invest wisely to ensure that their savings grow. Before doing so, however, it is important to inspect the various investment options available.

Young adults who have just started working may not find themselves investing for the future. However, this is the age when you can make some of the wisest investment decisions and create a nest egg for the future.

Investing early in your life can ensure your money grows with time and provides you security in the times to come. There are numerous investment options available for you to choose from, depending on your risk appetite.

Here are a few investment options to consider:

  1. Fixed deposits:

5 advantages FDs offer investors_v3

 These deposits can offer you an interest up to 8% per annum.

 They offer high stability and security, along with a flexible tenor to suit your requirements.

 You can choose from cumulative or non-cumulative FDs. Cumulative FDs provide higher returns, while non-cumulative FDs are good for periodic income.

 They may or may not offer you premature withdrawal, depending on the terms of the lending institution. Premature withdrawals could be charged depending on the conditions of the company.

 These deposits can be easily renewed after the lapse of the tenor. Sometimes, renewing with the same financial company can also get you a higher interest on your FD investment.

Anytime use our FD Calculator to calculate your maturity amount.


  1. Mutual Funds

 This option involves investing money in market securities.

 These securities are issued on a yearly or monthly basis by organisations seeking to raise cash.

 This option can provide you rates of return ranging from 8% to 9%. This investment option can provide high returns in a short period.

 However, the returns from this option are not guaranteed and depend on market fluctuations.

 You can choose to invest in various types of mutual funds, like diversified funds, gold mutual funds and more.

 Choosing to invest in SIPs on a monthly basis may be the most prudent option for you.

  1. Recurring fixed deposit:

 Working on similar terms as the FD (Fixed Deposit) , this option allows you to invest a sum of money on a monthly basis, rather than making a lump sum investment.

 The interest for recurring deposits is accumulated over the tenor, and paid out at the lapse of the tenor.

 Premature withdrawals may be prohibited or penalized depending on the terms of your lender.

 This option can offer you interest rates that range from 7% to 7.5%.

 This option provides safe and guaranteed returns, but might not be sufficient to overcome inflation.

Learn what is the best choice between Recurring Deposit & Fixed Deposit https://blog.bajajfinserv.in/recurring-deposit-vs-fixed-deposit/

  1. PPF:

 The public provident fund is a safe vehicle for investment provided by the government.

 It involves making an investment in a public government fund, which provides accumulated returns at the end of the tenor.

 The tenor for this plan goes up to 15 years.

 It is ideal for salaried investors who prefer investment of small sums over a monthly basis.

 The investment amount can range from Rs.500 to Rs. 1.5 lakh, giving you the option to choose what you can afford to invest.

  1. Flexi deposits:

These are the same as fixed deposits, but with a high amount of flexibility.

The returns from these deposits are guaranteed and you can choose the tenor.

This option allows premature withdrawal with prior notice. There is no penalty charged over premature withdrawal.

The tenor can either be short term or long term depending on your requirements.

Young professionals who have just started working can invest in any of the options above for short term and long term gains. Ensure that you choose multiple means of investment based on your income, you risk appetite and your goals for the future. An FD should be a part of your diversified investment portfolio as it offers fixed returns and premature withdrawal.

Calculate FD Maturity Amount Invest in FD Check FD Interest Rate

How To Use Technology To Increase Business Efficiency

Today, technology plays a crucial role in improving the efficiency of any business. For starters, it allows your business to increase output to match the demands of the market. This boosts the sales revenue of your business. Efficient use of technology in the workplace also increases productivity and makes your enterprise a cost-effective operation.

Take a look at 5 ways in which you can use technology to increase the efficiency of your business:

1. Using The Right Technology:

  • Before settling on software or equipment, review the various options available to you. Whether you choose to go in for equipment financing or machinery upgrade to manufacture goods faster and more efficiently or invest in office software, it is important that you make a wise decision.
  • Calculate the cost and benefit that each technological resource has to offer your business. Compare the options and buy one that suits your nature of work while giving you maximum returns on your investment.

2. Adopting Automation Tools:

  • Automation tools help increase the speed at which your production line operates. As a result, you can produce more in a shorter time span.
  • Automating business processes such as accounting or office administration can eliminate the need for too many employees on your payroll, and help you cut down on costs.
  • Automation tools also eliminate errors that are sure to occur when work is done manually. As a result, your business’ efficiency improves.
  • But, do bear in mind that machinery or software come with one-time installation and training costs. Apart from this, you also have to spend money on maintenance, upgrade and upkeep, depending on the technology.

3. Use Technology Selectively

  • It is important to use technology selectively, only in the areas that require speed and automation.
  • Complete dependence on technology can bring your business to a halt in case of power cuts or machinery breaking down, and may also cost you more than you can afford.

Also Read : Take Your Business To New Heights With An Equipment Loan

4. Installing Free Applications:

  • There are many free applications available online that you can make use of. These applications are customised for various industries. Adopting these programs will help you harness the power of technology while keeping costs low.
  • These apps and programs can help you increase the speed and ease of doing certain tasks. For example, a free payment tracking software can alert you about all payment due in a timely fashion. This keeps your working capital robust, while eliminating the need for an extra employee dedicated to this purpose.

5. Telecommuting And Teleconferencing Systems:

  • If you have employees in several cities or your employees work from home, telecommuting systems can help various teams collaborate and communicate effectively.
  • It also allows you to review the work done at each stage, tasks completed and time spent on each task. It also fuels better collaboration, communication and helps your staff get organised.
  • Some examples of such systems are Zoho, Trello and Asana.
  • You can also invest in a teleconferencing system to ensure seamless communication with employees, clients and vendors. They mimic face-to-face interactions and allow you to get the job done without wasting any time, no matter where your business is based. Pick a system that allows for video conferencing as well for best results.

It is important for you to research and find out which technology can boost your business in the most effective manner. Once you determine all the technological help that your business needs, you may find that it can be expensive. Don’t worry, because you can use a business loan to finance it. You can opt for a Bajaj Finserv Business Loan, or more specifically, a Working Capital Loan or a Equipment Financing to finance your needs. These financing options offer excellent interest rates, a flexible tenor, and a dedicated line of credit.

Apply for Business Loan Online Check your Business Loan Eligibility

Great Smartphones You Can Buy for Rs.20,000 or Less from EMI Store

Great Smartphones You Can Buy for Rs.20,000 or Less from EMI Store

A good Smartphone is like a handy assistant helps you stay connected with friends, capture precious memories and work on the go. However, a Smartphone packed with all the features you want along with a good battery life can be a little pricey. Rather than choosing an inferior model, you can buy best Smartphones at the Bajaj Finserv EMI Store on No Cost EMI. Some of the best Smartphones in India that you can choose from include brands like Vivo, Samsung, OPPO and Lenovo. With so many options to choose from, we help you narrow it down.

The Top Smartphones You Can Get for Rs.20,000 or Less

  1. Samsung Galaxy J3 Pro (MRP: Rs.7,990): Equipped with a 5-inch display, the device makes viewing movies an immersive experience. The 8MP rear camera helps you capture life-like images. Featuring a 5MP front camera, this device is great for taking selfies too. It is embedded with a Spreadtrum quad-core processor to provide cutting-edge speed and performance. The 1.5 GHz processor provides seamless multitasking and the pre-installed, Android Lollipop OS offers simplified user interface.
  2. OPPO A37F (MRP: 9,990): Enter the world of multimedia with this OPPO phone. It features a 5-inch display that is sure to add clarity to every detail on the screen. Featuring an 8MP rear camera and 5MP front camera, it lets you take average photographs to the next level. Embedded with a Qualcomm Snapdragon 410 Quad-Core processor, the phone multitasks seamlessly. It also offers you Full HD recording so that you can record high-clarity videos.
  3. Asus Zenfone Max (MRP: Rs.9,999): This phone offers a combination of performance and play. It features a wide 5.5-inch display and provides sharp viewing quality. Its 13MP rear camera lets you capture images that have startling clarity and colour. The handset also has a front-facing camera that makes for vivid close-ups. Integrated with a Qualcomm Snapdragon processor, this phone operates without any lag. It is pre-installed with Android Marshmallow that makes navigation easy. The Smartphone has a 5,000mAh battery that offers good life between charges.
  4. Vivo Y66 (MRP: Rs.13,990): This model ranks high in productivity and performance. Its display provides wide viewing angles to enhance your experience. It has a 13MP rear camera that lets you explore your artistic side and features a powerful 16MP front-facing camera that is superior to most Smartphones. The MediaTek octa-core provides fast and flawless performance. The handset has a 3,000mAh lithium-ion battery that facilitates several hours of usage.
  5. LG Stylus 2 Plus (MRP: Rs.15,000): This device features a massive 5.7-inch screen that offers a great experience, especially if you like to watch YouTube and movies on the go. The 16MP camera takes photos that are bright and clear. Additionally, the Qualcomm Snapdragon processor makes multitasking a seamless process for those who like to game and work simultaneously.
  6. Asus Zenfone 3 (MRP: Rs.16,570): The Zenfone 3 is the perfect Smartphone for entertainment and work. Featuring a 16MP camera, the phone lets you indulge in high-quality photography while the 5.5-inch display makes visuals seem larger than life. The 3,000mAh battery provides a long lasting performance and the Adreno 506 GPU makes games come alive.
  7. OPPO A57 (MRP: 16,799): This phone helps you upgrade your entertainment experience. Featuring an IPS TFT capacitive touchscreen, the interface is easy to navigate. It comes pre-installed with Android Marshmallow that provides your phone with a top-class interface. The high-performance phone also features a 16MP front-facing camera and a 13MP rear camera for sharp photography.
  8. Sony Xperia XA1 (MRP: Rs.19,990): This model caters to photography enthusiasts. It features a brilliant camera with a staggering 23MP lens that breathes life into all your images. The MediaTek Helio P20 octa-core processor facilitates advanced performance and flawless multitasking.
  9. OPPO F3 (MRP: Rs.19,990): This OPPO model’s highlight is its dual front-facing 16MP and 8MP cameras. These cameras add unique depth and richness to every photograph. Moreover, the 5.5-inch display is great for watching movies and videos while on the move.

Think it. Done with Bajaj Finserv

Not only can you get the best deals on your favourite Smartphone, but with the EMI Store, you can get benefits such as Online shopping on No Cost EMI, doorstep delivery in just 24 hours, and the best offers across Smartphone brands such as Vivo, Samsung, OPPO, Lenovo and HTC. Find the best Smartphones within your budget. Think it. Done.

Start Shopping on the EMI Store

Should You Renovate Your Office Or Build A New One?

Every company’s office space is directly linked to its employees productivity and morale. It also affects the impression you give existing and prospective clients. So, it is important to put some thought into whether a renovation is enough, or if you need to build your office from scratch.

Take a look at the various scenarios in which is ideal to opt for a renovation and when it is time to splurge on building a new office. This way you’ll be able to make a decision that makes the most sense for your business.

When You Should Choose to Renovate Your Office:

If Your Office is Already Well-Equipped:
If your office has the best systems, software and equipment, a renovation will suffice. You can easily upgrade anything you want within the same space, like change the plumbing, repaint the interiors or buy new furniture.

If Your Office Holds Practical Or Sentimental Value:
If your current office space is where your company was founded, it might feel like your firm’s identity. Secondly, if your office is in a prime business district or where you get walk-in customers, you may want to stay right there. In this case you can consider renovating your office to combine the best of the old with the new.

If Your Company Completed A Merger Or Acquisition:
Merging with another enterprise usually results in the need for a larger workspace and more facilities. If your office is spacious enough, you can simply renovate it to give your interiors a new look. You can also change the layout to accommodate more people and equipment.

If Your Office is in an Older Building:
Old offices aren’t usually fitted with energy-efficient technology. If this is becoming a major expense, you can try to add more energy-saving products to the workspace. This can include double-paned windows (to avoid temperature fluctuation) and compact fluorescent lamps along with energy-efficient lights, solar powered fixtures and ACs.

If You Need Better Access To Resources:
Even if your office has lots of space, clutter can cause chaos and inefficiency. Also, as you grow and diversify, your existing layout may no longer be as useful. Renovation is ideal in either of these cases.

Also Read : Tips On Organising Your Business

When You Should Rebuild Your Office:

If Your Office Needs A Technological Overhaul
Certain buildings or spaces are unsuitable for modern technology. If your business relies on electrical systems, heavy equipment and machinery, it is better to consider a rebuild.

If You Want To Create A New Identity:
If you feel that your office’s environment doesn’t fuel productivity, consider building it from scratch. It gives you a clean slate so that you can construct an office to your exact specifications. If the appearance of your business is of prime importance, this option allows greater freedom.

If You Need To Make Structural Changes:
If you want to make structural changes to your office to make better use of space, building from scratch can be more cost-effective. These projects are expensive and require a set of permissions when renovating. But, this isn’t always the case when you build anew.

If You Want To Be Sustainable:
While renovation works for small changes, building an office allows you to makes major alterations. For example, building an office can improve energy-efficiency, as you are free to use new building materials, floor plans, and electrical and plumbing systems.

If You Want To Reduce Maintenance Costs:
Since constructing involves using new materials, you won’t have to worry about maintenance costs for a long time. You can also avail of a construction warranty. This ensures that you enjoy low maintenance costs for years to come.

While you renovate or rebuild your office, consider working remotely, or provide your employees with an alternative. A co-working space can be an ideal solution in this case. Remember that whichever option you choose, you’ll have to bear a significant expense. Ensure that your business does not suffer during this period. Opt for a Business Loan from Bajaj Finserv to make sure you have enough funds to meet everyday needs. Bajaj Finserv also offers an excellent line of credit facility that caters to all your customised needs.

Apply for Business Loan Online Check your Business Loan Eligibility

Best Android Mobile Phones in India 2017

Best Android Mobile Phones in India 2017

Android phones offer the perfect amalgamation of productivity and entertainment. With so many features, RAM and storage options, processors, camera specs and styles, choosing one that suits you best may seem hard. To help you navigate the smartphone maze, the Bajaj Finserv EMI Store presents the best Android phones of the year, and gives you the greatest deals on them too.

Take a look at the 5 best Android Mobile Phones on the list:

  1. Samsung Galaxy S8
  • This phone features exquisite design and craftsmanship with a wide display that boasts of a 1440×2960 resolution.
  • The high resolution provides excellent picture quality when viewing videos and movies or even a PowerPoint presentation for work.
  • The efficient 2.3GHz processor delivers a stellar, smooth performance that is sure to leave you awestruck.
  • It has a primary and secondary camera of 12MP and 8MP respectively. These cameras let you take your passion for photography to the next level with their clarity and colour.

MRP: Rs.57,900

  1. Google Pixel XL
  • This device has a 5.5-inch screen that provides an immersive entertainment experience.
  • It features a unique 2K display technology that makes every detail come to life.
  • With a Qualcomm Snapdragon 821 processor, this handset performs well in all areas, be it gaming or video viewing.
  • The 18MP camera makes photography an absolute pleasure.
  • This smartphone has an efficient 3450mAh battery that provides it with enough juice to multitask and run several processes simultaneously.

MRP: Starts from Rs.67,000

  1. LG G6
  • This phone features wide-angle dual camera that lets you take pictures with superior detailing.
  • The 2.35GHz quad processor runs all the applications to their fullest without any interruptions or lags.
  • The 5.7-inch display fits well in your palm and also provides an excellent viewing experience.
  • Equipped with the latest Android software, Nougat 7, this phone delivers on all counts.

MRP: Rs.51,990

  1. Sony Xperia XZ Premium
  • If it is looks you’re after, this smartphone features a sleek design that makes it a visual treat.
  • The phone’s slim and well-crafted exterior make it a pleasure to own.
  • It is equipped with a 19MP primary camera that adds to this feature-rich phone’s abilities. Additionally, the secondary 13MP camera captures close-ups flawlessly.
  • With a 3230mAh battery, the phone runs smoothly for hours, without having to plug in the charger.
  • The phone also has a 960fps (frames per second) recording feature. This lets you record videos in slow motion, which is a add-on benefit for the experimental videographer in you.

MRP: Rs.61,990

  1. Samsung Galaxy S8 Plus
  • Taking innovation to a new level, this phone features a stunning 15.81cm infinity display that is curved towards the edges. This enhances picture quality and your viewing experience.
  • The phone has a sleek and lightweight design that makes it easy to carry.
  • It is integrated with an Exynos 8895 Octa-core processor that provides fluid performance even when running multiple applications and graphic-intensive games.
  • This phone also comes with a range of other features like accelerometer, barometer and finger print sensor. The finger print sensor allows you to unlock the phone using your finger print.

MRP: Rs.70,900

Indulge yourself with a phone of your choice at Bajaj Finserv’s EMI Store available on No Cost EMI, which means you can pay with ease in monthly instalments and no added interest! You can choose from top Android smartphone brands including Vivo, Samsung, OPPO, Lenovo, Moto and HTC and enjoy the easy application and quick delivery in just 24 hours from a dealer near you!

Start Shopping on the EMI Store

4 Easy Ways To Finance Your Growing Business

If your business is in its growth phase, you’re sure to have thought about funding at some point or the other After all, a growing business needs adequate funding to accommodate its expansion plans. Due to dynamic economic and market conditions, Indian business owners like you may find it difficult to secure appropriate sources of finance. So, whether it is to seize expansion opportunities or to diversify product portfolio, take a look at the top ways to finance your growing business.

  • Crowdfunding:

This method of funding has gained a lot of popularity in the past few years. If you have a business idea that offers a product/service which you reckon has high demand, you can set up a crowdfunding page on platforms that are dedicated to this exact purpose. To come close to your target, ensure that you highlight the USP of your offering, its novelty and how it will help consumers and/or the society. Through crowdfunding, you can get access to several investors without giving up control of your business. However, be sure to read through the host platform’s terms, conditions and charges before you set up your crowdfunding page. For example, Kickstarter is one of the most popular crowdfunding platforms in the world.

Also Read : 4 Financial Habits To Better Manage Business Growth

  • Peer-to-peer Lending:

If your growing business is not eligible for a business loan or when you don’t want to pledge your personal or business assets, peer-to-peer lending is a good option for you. But, this source of lending proves to be the best when you need to borrow small amounts. You can borrow from friends, family or even from other professionals whom you share a good working relationship with. Do remember that there is no organisation governing this transaction. So, to avoid any future problems, ensure that all the terms and conditions are clear from the get-go.

  • Equity Funding:

Equity funding is another great way of raising business credit. Here, you give up a slice of your business in lieu of funds from investors or sell shares to investors. These investors do expect a substantial return on their investment, and more importantly, have a control over a part of your business. If you are looking for equity finance, ensure that you have a well-strategized business plan in place with a clear outline of how you aim to achieve your targets. The key advantage of equity funding is that the cost of borrowing is zero, and you do not have to make regular repayments.

  • Debt Funding:

Debt funding is one of the most popular ways of financing the needs of a growing business as it helps you retain business ownership and control. A business loan gives you access to collateral-free funds that you can funnel into your business, and use as per your needs without any explanation to the lender. Business owners can also opt for specialised loans like a Machinery Loan for equipment purchase or a Working Capital loan for fulfilling their daily operational needs. You can opt for a business line of credit option when you are unsure of the precise amount of financing you need for your business. All you need to ensure is that you pay back the loan in a timely manner and plan your repayment in advance to avoid any penalties.

Also Read : Flexi Business Loans Explained

The most preferred option for financing a growing business is a business loan. Here’s why you should consider taking one:

  • Collateral-free
  • Offers competitive interest rates
  • Gives you complete ownership control.
  • No restrictions on how you can use the money
  • Opt for a loan with a flexible tenor and use it to hire more staff, diversify operations or even lease a bigger office space.
  • Most business loans give you access to funds up to Rs.30 lakh and low EMIs ensure that this is a cost-effective financing solution.

Opting for a Business Loan through a renowned financial institution like Bajaj Finserv offers additional advantages. This includes minimum documentation and a superb line of credit facility. Moreover, you can also choose a working capital loan or a machinery loan to boost your business’s growth.

Apply for Business Loan Online Check your Business Loan Eligibility

All you need to know about pre-approved Personal Loans



Need funds in an instant and don’t want to wait in long queues or fill multiple application forms? We have a perfect solution for you! Get Bajaj Finserv pre-approved personal loan. You can get a pre-approved loan with just a few clicks with no income proofs and minimal documentation. Pre-approved personal loans can be used for meeting your personal needs. You can fund your trip, wedding or higher education with such loans. Borrowing and obtaining a pre-approved personal loan is a hassle-free process.

Exclusive Pre-approved offers

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