Bajaj Finance fixed deposit is offering higher FD rates on special tenors, know details
The market changed in favour of investors during the fiscal year 2021-2022 as the FD rates have consistently improved. These growing FD rates in India are perfect for investors wishing to add consistent returns to their portfolios. With the ease of accessibility and online investment process, a fixed deposit has become a wise investment option offering higher returns.Bajaj Finance Fixed Deposits enjoy a [ICRA]AAA(Stable) rating, indicating the highest level of safety and lowest investment risk. Some other features that make Bajaj Finance FD a great financial tool are:
The market changed in favour of investors during the fiscal year 2021-2022 as the FD rates have consistently improved. These growing FD rates in India are perfect for investors wishing to add consistent returns to their portfolios. With the ease of accessibility and online investment process, a fixed deposit has become a wise investment option offering higher returns.Bajaj Finance Fixed Deposits enjoy a [ICRA]AAA(Stable) rating, indicating the highest level of safety and lowest investment risk. Some other features that make Bajaj Finance FD a great financial tool are:a. Higher returns on special tenorApart from the regular interest rates offered for a tenor ranging from 12 to 60 months, Bajaj Finance offers special tenors to all customers to help them earn higher returns. The special tenors offering higher returns are 15, 18, 22, 30, 33, and 44 months.To better understand the benefit of secured returns, consider an investment of Rs. 5 lakh over a tenor of 44 months in a Bajaj Finance Fixed Deposit. The above calculations are computed using the Bajaj Finance FD Calculator.b. Using the FD return calculator, project earnings and make intelligent investmentsWhen managing your finances, accurate and trustworthy information is essential to helping you make the best financial decisions. The calculator for Bajaj Finance FD returns an easy-to-use tool that makes financial planning less complicated. It can forecast your income and ensure that your investment complies with your financial obligations and objectives. Because the FD calculator is simple and error-free, manual calculations are unnecessary.c. Utilise a Systematic Deposit Plan to increase your corpus steadilyYou can invest a cash sum or use the Bajaj Finance Systematic Deposit Plan (SDP). The minimum investment amount under this provision is Rs. 5,000, and each donation books a new FD. There are two programmes in the SDP:- Single Maturity Scheme: Each new FD`s tenor is updated to reflect that all FDs mature on the same day.The payment is only made upon maturity.-Monthly Maturity Scheme: