Save More and Earn More with a Bajaj Finance Fixed Deposit
Pune Maharashtra India NewsVoir A fixed deposit is a sensible financial tool for those who dont want to risk their investment Safety of deposit amount secured returns timely payouts and investment ease are a few factors that make it a preferred investment tool for risk-averse investors While these instruments usually yield lower returns Bajaj Finance online FD offers the dual benefit of high returns and the safety of parked funds Bajaj Finance is a financier with high-paying fixed deposit plans that provide lucrative returns over a long tenor However choosing the right time to park funds in an FD could be challenging due to interest rate fluctuations primarily when investing funds for a short tenor Laddering deposits is an effective way to combat fluctuating interest rates and combat investment risk Laddering deposits for amplified returns Fixed deposit laddering is an investment strategy where investors park their money in multiple FDs of different tenors The method involves dividing funds and investing them in separate FDs instead of locking the entire deposit amount in one FD Study the table below to determine how much a citizen aged below 60 can make with an investment of Rs 6 lakh by laddering it across varied tenors Deposit amount Tenor Rate of Interest Interest earned in Rs Maturity amount in Rs 3 Lakh 24 months 640 39629 339629 2 Lakh 36 months 680 43638 243638 1 Lakh 60 months 680 38949 138949 One can choose to re-invest the maturity amount received at the end of the tenor in another FD Re-investing enables one to lock in the ongoing FD rates creating an investment loop and thereby allowing one to earn enough liquid funds to cater to financial requirements Investors can align their laddering strategies basis their financial goals and needs With high FD rates provided by Bajaj Finance investors can grow their savings effortlessly Easy and credible investment platform Investors need not wait in long queues to submit documents as they can invest from the comfort of their homes with the online application process This process can be completed in just a few steps in under 10 minutes For estimating the returns that one can expect from an FD over a particular tenor one can visit the fixed deposit calculator page available on the Bajaj Finserv website Bajaj Finance FD is a safe haven for investing ones hard earned savings This can be confirmed by the high credit ratings bestowed by ICRA MAAA and CRISIL FAAA Indias top credit rating agencies Laddering ones fixed deposits is a prudent way to minimise risk and maximise returns at maturity It is the perfect tool for anyone who wishes to maintain optimal liquidity and get the most out of their investment About Bajaj Finance Limited Bajaj Finance Limited the lending company of the Bajaj Finserv group is one of the most diversified NBFCs in the Indian market catering to more than 44 million customers across the country Headquartered in Pune the companys product offering includes Consumer Durable Loans Lifestyle Finance Digital Product Finance Personal Loans Loan against Property Small Business Loans Home loans Credit Cards Two-wheeler and Three-wheeler Loans Commercial lendingSME Loans Loan against Securities and Rural Finance which includes Gold Loans and Vehicle Refinancing Loans along with Fixed Deposits Bajaj Finance Limited prides itself on holding the highest credit rating of FAAAStable for any NBFC in the country todayTo know more please visit wwwbajajfinservin Image Bajaj Finance offers high FD interest rates up to 705 pa PWR PWR
Pune Maharashtra India NewsVoir A fixed deposit is a sensible financial tool for those who dont want to risk their investment Safety of deposit amount secured returns timely payouts and investment ease are a few factors that make it a preferred investment tool for risk-averse investors While these instruments usually yield lower returns Bajaj Finance online FD offers the dual benefit of high returns and the safety of parked funds Bajaj Finance is a financier with high-paying fixed deposit plans that provide lucrative returns over a long tenor However choosing the right time to park funds in an FD could be challenging due to interest rate fluctuations primarily when investing funds for a short tenor Laddering deposits is an effective way to combat fluctuating interest rates and combat investment risk Laddering deposits for amplified returns Fixed deposit laddering is an investment strategy where investors park their money in multiple FDs of different tenors The method involves dividing funds and investing them in separate FDs instead of locking the entire deposit amount in one FD Study the table below to determine how much a citizen aged below 60 can make with an investment of Rs 6 lakh by laddering it across varied tenors Deposit amount Tenor Rate of Interest Interest earned in Rs Maturity amount in Rs 3 Lakh 24 months 640 39629 339629 2 Lakh 36 months 680 43638 243638 1 Lakh 60 months 680 38949 138949 One can choose to re-invest the maturity amount received at the end of the tenor in another FD Re-investing enables one to lock in the ongoing FD rates creating an investment loop and thereby allowing one to earn enough liquid funds to cater to financial requirements Investors can align their laddering strategies basis their financial goals and needs With high FD rates provided by Bajaj Finance investors can grow their savings effortlessly Easy and credible investment platform Investors need not wait in long queues to submit documents as they can invest from the comfort of their homes with the online application process This process can be completed in just a few steps in under 10 minutes For estimating the returns that one can expect from an FD over a particular tenor one can visit the fixed deposit calculator page available on the Bajaj Finserv website Bajaj Finance FD is a safe haven for investing ones hard earned savings This can be confirmed by the high credit ratings bestowed by ICRA MAAA and CRISIL FAAA Indias top credit rating agencies Laddering ones fixed deposits is a prudent way to minimise risk and maximise returns at maturity It is the perfect tool for anyone who wishes to maintain optimal liquidity and get the most out of their investment About Bajaj Finance Limited Bajaj Finance Limited the lending company of the Bajaj Finserv group is one of the most diversified NBFCs in the Indian market catering to more than 44 million customers across the country Headquartered in Pune the companys product offering includes Consumer Durable Loans Lifestyle Finance Digital Product Finance Personal Loans Loan against Property Small Business Loans Home loans Credit Cards Two-wheeler and Three-wheeler Loans Commercial lendingSME Loans Loan against Securities and Rural Finance which includes Gold Loans and Vehicle Refinancing Loans along with Fixed Deposits Bajaj Finance Limited prides itself on holding the highest credit rating of FAAAStable for any NBFC in the country todayTo know more please visit wwwbajajfinservin Image Bajaj Finance offers high FD interest rates up to 705 pa PWR PWR
