Left Menu
Development News Edition

Here's why Bajaj Finance fixed deposit is the safest investment option today

Considering a volatile financial scenario and negative investor sentiment, market-linked investment tools are not the first choice for revenue generation.


Here's why Bajaj Finance fixed deposit is the safest investment option today
Bajaj Finserv. Image Credit: ANI

Pune (Maharashtra) [India], Nov 25 (ANI/BusinessWire India): Considering a volatile financial scenario and negative investor sentiment, market-linked investment tools are not the first choice for revenue generation. Fixed deposits are now a more secure mode of investment, even for seasoned market investors to park a section of their funds with an eye towards the future.

The investor sentiment is shifting towards stable returns and safety. Bajaj Finserv, through its lending and investment arm Bajaj Finance Ltd, aims to cater to this scenario through its risk-free high return yielding fixed deposits. Customers can enjoy assured returns starting from 8.35 percent. Taking into account the investment needs of senior citizens, the company also offers an additional interest rate of 0.35 percent over and above the regular rates to senior citizens.

Read on to know several investor-friendly features that keep Bajaj Finance fixed deposit one of the safest investment options today: Fund safety assured with CRISIL and ICRA ratings

The company assures your funds' safety with the highest safety ratings in the investment market - * FAAA by CRISIL

* MAAA by ICRA * BBB international benchmark rating from S and P Global - the only NBFC in India to possess this safety rating.

Attractive returns of above 50 percent Bajaj Finance Limited offers fixed deposits with assured returns of 8.35 percent, 8.45 percent and 8.70 percent for new, existing and, senior citizens respectively.

Thus, when investing in an FD with Bajaj Finance for 5 years, a new customer can enjoy 49.32 percent returns compounded annually. Similarly, you can grow your investment amount by 50.02 percent for existing customers. Senior citizens can grow the investment amount by 51.75 percent. Small deposit amount starting from Rs. 25,000

Customers can open a Bajaj Finance fixed deposit with a small investment amount of Rs 25,000 and enjoy a flexible FD tenor, automatic renewal facility, etc. Further, customers can opt for either cumulative or non-cumulative FD from Bajaj Finance and enjoy payouts as per their preference.

Taking into consideration an investor's need for regular income, Bajaj Finance Limited allows periodic payouts of non-cumulative fixed deposits, which can be either monthly, quarterly, semi-annually or annually. Additionally, Bajaj Finance FD also comes with an online application procedure to make investment easier for customers. With these attractive and customer-friendly features, a fixed deposit from Bajaj Finance is sure to satisfy investors' safety requirements apart from generating high returns.

This story is provided by BusinessWire India. ANI will not be responsible in any way for the content of this article. (ANI/BusinessWire India)

(This story has not been edited by Devdiscourse staff and is auto-generated from a syndicated feed.)

Download The Devdiscourse News App for Latest News.


TRENDING

OPINION/BLOG/INTERVIEW

Beware! Maximum cyber criminals eye your personal data

A report of the World Economic Forum revealed that cyber security is increasingly becoming an issue of public security as the majority of cyber criminals are increasingly targetting individual internet users. This requires preventive measur...

WEF 2020: Trump seems politically correct in pulling out from Paris Agreement

If the survey of the World Economic Forum WEF is believed, Trump seems to enjoy the confidence of his people in flaying climate intuitions and climate activists. His preference for economic development over environmental protection not only...

From home to healthcare, here are Robotic innovations transforming lives

Lovot is equipped with more than 50 sensors such as thermography, microphone array, obstacle detection, and touch sensor to generate motion and emotions in real-time....

Translating words to deeds: Achieving gender parity in access to financial resources

... ...

Videos

Latest News

'Magic of govt chamchagiri': Cong slams govt over Padma Shri to Adnan Sami

The Congress on Sunday hit out at the Modi government over bestowing the Padma Shri on singer-musician Adnan Sami and asked why Kargil War veteran Mohmmad Sannaullah was declared a foreigner through the NRC for Assam, while the son of a Pak...

Padma Shri: 'Beej mata' wants seed movement to reach every

Rahibai Soma Popere, a proponent of tradition farming with indigenous seeds who was awarded the Padma Shri by the Centre on Saturday, wants her movement to reach the doorstep of every farmer in the country. Popere, resident of remote Kombh...

UPDATE 1-Hong Kong protesters torch planned virus quarantine building

A group of protesters set alight the lobby of a newly built residential building in Hong Kong on Sunday that authorities planned to use as a quarantine facility for the coronavirus outbreak. A Reuters witness saw several masked protesters, ...

Unfortunate that J&K Cong chief was not invited to official R-Day function, says party

The Jammu and Kashmir unit of the Congress on Sunday said it was unfortunate that the administration did not invite its president and former minister Ghulam Ahmad Mir to the official Republic Day function here. Mir was not extended any invi...

Give Feedback