Pune (Maharashtra) [India], November 4 (ANI/NewsVoir): In response to the 50-basis point hike in the repo rate recently, issuers are now offering higher FD rates. This makes for a great opportunity for investors like you to secure your future. After all, FD rates have a direct correlation with the earnings you accumulate during the investment tenure. High FD rates mean you get a larger payout at the time of maturity, and you can forecast the increase in your earnings with ease using an FD calculator.
Pune (Maharashtra) [India], September 23 (ANI/NewsVoir): Adding a secure, low-risk investment to your portfolio is a great way to grow your wealth safely. As a retail investor, investing in a fixed deposit is a wise choice due to the recent rise in the FD rates. You can get lucrative returns with high FD rates while ensuring financial security for years. Consider the Bajaj Finance Fixed Deposit, the many fixed deposit options available. With it, you can secure your wealth and earn substantial returns, with FD rates going up to 7.75 per cent per annum.
Pune (Maharashtra) [India], June 2 (ANI/NewsVoir): Investors may be keen to exchange risk for guaranteed returns as a result of recent global events that have sparked uncertainty and injected a new dose of volatility into the market.
Pune Maharashtra India NewsVoir There is good news for all the investors Bajaj Finance Fixed Deposit is offering special interest rates to all its customers These special interest rates are exclusive of the interest rate up to 710 pa increase on regular tenors offered by Bajaj Finance wef 25th April 2022 The FD interest rate points for all categories of investors and tenors will help in quicker growth of ones investment The rise in the interest rate is applicable on all deposits made on or after 25th April 2022 Take a quick look at all the features a Bajaj Finance Fixed Deposit investment offers and Invest Online Bajaj Finance Special FD interest rates Bajaj Finance Fixed Deposits has also included special interest rates for all customers With special interest rate one can now choose specific tenors to enjoy interest rates up to 735 pa For a tenor of 44 months customers below 60 years of age can enjoy FD interest rate of 71 pa while senior citizens can earn up to 735 pa The special interest rate table for customers below 60 years is Period Cumulative Non-Cumulative At Maturity pa Monthly pa Quarterly pa Half Yearly pa Annual pa 15 months 600 584 587 591 600 18 months 610 594 597 601 610 22 months 625 608 611 616 625 30 months 650 631 635 640 650 33 months 665 646 649 654 665 44 months 710 688 692 698 710 For senior citizens the applicable special interest rates are Period Cumulative Non-Cumulative At Maturity pa Monthly pa Quarterly pa Half Yearly pa Annual pa 15 months 625 608 611 616 625 18 months 635 617 620 625 635 22 months 650 631 635 640 650 30 months 675 655 659 664 675 33 months 690 669 673 679 690 44 months 735 711 716 722 735 Fixed Deposit new interest rate Apart from the special interest rate mentioned above Bajaj Finance has also revised the interest rate for other tenors Customers below 60 years can earn 640 for a tenor of 24-35 months and 690 if they choose a tenor of 36-60 months The interest rate table for senior citizens is as mentioned below Table 1 Period Cumulative Non-Cumulative At Maturity pa Monthly pa Quarterly pa Half Yearly pa Annual pa 12 - 23 months 575 560 563 567 575 24 - 35 months 640 622 625 630 640 36 - 60 months 690 669 673 679 690 The rate change also impacts the senior citizens who can now earn up to 715 pa for a tenor of 36-60 months and 665 pa for a tenor of 24-35 months The interest rate table for senior citizens is as mentioned below Period Cumulative Non-Cumulative At Maturity pa Monthly pa Quarterly pa Half Yearly pa Annual pa 12 - 23 months 600 584 587 591 600 24 - 35 months 665 646 649 654 665 36 - 60 months 715 693 697 703 715 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 today To know more please visit wwwbajajfinservin PWR PWR
Pune (Maharashtra) [India], April 15 (ANI/NewsVoir): Earning high returns on investments is a priority for many investors as it helps them get closer to achieving their financial goals. When it comes to investment schemes, most Indian families trust fixed deposits. There may be several reasons why, among which are that this instrument is secure, reliable, and offers steady returns, all crucial factors in any economic climate. Moreover, given the rising FD interest rates, 2022 seems an opportune time to consider adding this instrument to the mix.
Pune (Maharashtra) [India], February 4 (ANI/NewsVoir): Irrespective of one's profession, investing and saving is prudent financial planning to achieve one's life goals.
Pune (Maharashtra) [India], December 20 (ANI/NewsVoir): When it comes to building wealth or augmenting one's income, investing is the best bet. Experienced investors often have diversified portfolios.
Pune Maharashtra India NewsVoir Fixed deposit is one of the most preferred investment avenues available today One of the reasons behind this trust is the sense of security that comes with an FD For senior citizens investing in high-yielding debt-focused instruments like fixed deposits can ensure safety of capital and stable growth of returns over time Investors can be certain that their money will be safe in a fixed deposit which is why an FD is an ideal tool for growing ones retirement corpus While both banks and companies offer FDs one can benefit from higher interest rates by company FDs When choosing the right company FD to invest in one must make sure to invest in FDs with high safety ratings Bajaj Finance Fixed Deposit has the highest safety ratings by CRISIL and ICRA which helps investors ensure safety of capital Heres a look at some of the key benefits of investing in Bajaj Finance Fixed Deposit 1 Diversification of retirement portfolio - Bajaj Finance Fixed Deposits enable retirees to build long-term wealth by providing a stable high yielding fixed income asset Investors can also create a cushion against the volatility in market-linked securities such as equities which might be part of the senior citizens portfolio The lump sum nature of the FD helps in maximizing the interest earned through compounding Senior citizens can start a Bajaj Finance Fixed Deposit with a minimum amount of INR 25000 and gain maximum benefits from compounding 2 Higher interest rates for senior citizens - Bajaj Finance online Fixed Deposit offers some of the highest FD rates in India For non-senior citizens the applicable interest rate is 650 and an extra 010 is offered to those who choose to invest online Senior citizens can avail an additional rate benefit of 025 irrespective of the mode of investment To understand how one can create their retirement corpus with Bajaj Finance FD consider investing Rs 5000000 as principal amount for 5 years Given below is a tabular representation of returns at maturity for senior and non-senior citizens Investor Profile Amount Invested Rs Applicable Rate of Interest Interest Payout Rs Maturity Amount Rs Non-Senior Citizen offline Rs 5000000 650 1850433 6850433 Non-Senior Citizen online Rs 5000000 660 1882655 6882655 Senior Citizen Rs 5000000 675 1931216 6931216 As the table suggests one can earn up to Rs 1931216 over a period of just five years Investors can also use the FD interest calculator available on the Bajaj Finserv website for checking the interest payouts for different tenors and deposit amounts 3 Options to choose periodic payouts - When one invests in a Bajaj Finance Fixed Deposit they can opt for periodic payouts or choose to get entire payout at maturity In case one chooses periodic payouts they can also choose the frequency of their payouts Interest earnings are higher for maturity at the end of tenor but periodic payouts can enable one to fund their regular expenses 4 The benefit of laddering - Senior citizens can avail the benefit of laddering - ie periodically investing in fixed deposits of different amounts and different investment tenors to create a large corpus This can be done by investing in multiple fixed deposits with Bajaj Finance as it offers the flexibility to choose tenors Since FD interest rates keep fluctuating such a strategy will help senior citizens avail of maximum benefit from their investments by overall averaging of interest rates across multiple fixed deposits 5 Easy investment process - With Bajaj Finance online FD one can invest in just a few minutes using a hassle-free paperless online process There is no need to wait in long queues with Bajaj Finance online FD individuals can invest from the comfort of their homes Simple combinations of laddering or choosing payouts as per ones convenience can be a firm source of support for retirees By investing provident funds into Bajaj Finance Fixed Deposit senior citizens can not only grow their retirement corpus but also ensure monthly income to fund their regular expenses With flexible tenors ranging from 12 to 60 months investors can always benefit from easy access to liquidity Image Bajaj Finance offers high FD interest rates up to 675 pa PWR PWR
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