Fixed Deposits, is one of the most popular modes of investment in India. No matter the age or profession of the investor, FDs would undoubtedly feature in every investment portfolio. Fixed deposits
(FDs) are offered by banks as well as non-banking financial corporation but corporate FDs are preferred investment option as they offer higher interest rate for similar periods.
How to maximize savings from Fixed Deposits
Features of Fixed Deposits by Bajaj Finance Ltd.
Bajaj Finance Ltd., the lending arm of Bajaj Finserv, offers investors an opportunity to earn higher returns through its Fixed Deposit. Bajaj Finance Fixed Deposits offer an attractive interest rate of 7.85% to its customers, which can go up to 8.20%, in case of Senior Citizen Fixed Deposit
. With ICRA’s MAAA (Stable) Rating and CRISIL’s FAAA/Stable Rating, Bajaj Finance Ltd., has been deemed with the highest degree of safety with regards to timely payment of interest and principal on the instrument.
Investors have the option to start investing from as low as Rs. 25,000/- onwards with Bajaj Finance Ltd FD. Company accords the investors with a high degree of flexibility in terms of the tenor of the fixed deposit ranging from 12 months to 60 months.