Bajaj Finance Offers Higher Interest Rates on Fixed Deposits of Select Tenures
Fixed Deposit (FD) has been a preferred investment option for Indian investors over the decades because of its secure nature. The current FD rates are around 3-8% pa, which are decided on the basis of various factors like tenure and investor profile. However, Bajaj Finance Fixed Deposit is an ideal option for those looking to earn higher returns on their investment without compromising on the safety of their deposit.
Bajaj Finance, one of India’s leading Non-Banking Financial Companies (NBFCs), has announced special rate benefits for all customers. The company is offering higher interest rates on Fixed Deposits of select tenures. The particular tenures for which higher interest rates are being offered are 15, 18, 22, 30, 33, and 44 months. The special rate benefits can significantly multiply the amount of interest earned on your FD.
Here are some reasons why investing in Bajaj Finance Fixed Deposit is a smart option for investors:
1. Attractive interest rates: Bajaj Finance offers competitive interest rates on its Fixed Deposit schemes, which are among the highest in the market. These rates are fixed at the time of investment, which means investors can enjoy stable returns without worrying about market fluctuations.
2. Various Tenures: Bajaj Finance Fixed Deposit offers tenors ranging from 12 to 60 months, giving investors the flexibility to choose the investment tenure that suits their financial goals. The company also offers the option of premature withdrawal or partial withdrawal, however, there will be loss of interest for the same.
3. Security of Investment: Bajaj Finance Fixed Deposit is highly rated in safety and security. These deposits are rated by CRISIL AAA/STABLE and [ICRA]AAA(Stable) rating has been given. This indicates that the company is a highly reliable and safe option for investment, making it an ideal choice for risk-averse investors.
4. Easy Access: Investing in a Bajaj Finance Fixed Deposit is easy and accessible. Customers can invest with an end-to-end online investment process. The company has a wide network of branches across the country, where investors can open a Fixed Deposit account easily and quickly.
5. High-Quality Services: Bajaj Finance is known for its high-quality customer service, focused on meeting the financial needs of its customers. Investors can access their Fixed Deposit details from the comfort of their homes through the online customer portal – My Account Can.
6. Timely interest payment and easy renewal: Bajaj Finance is also known for prompt payment of interest and easy renewal of the deposit scheme. The interest earned on the deposit is credited directly to the investor’s account on a monthly, quarterly or annual basis.
Overall, Bajaj Finance Fixed Deposit is an excellent investment option that offers high interest rates, safety, flexibility, accessibility, and excellent customer service. Investing in Fixed Deposits is a smart choice for those looking for safe and stable returns on their investments. With Bajaj Finance, investors can be sure that their investments are in safe hands.
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