Bajaj Finance Fixed Deposit is now offering interest rates of up to 8.60% p.a. to investors looking for higher returns. The deposit taking Non-Banking Financial Company (NBFC-D) listed its investment option as an alternative to traditional fixed deposits offered by banks due to its higher returns and interest rates. Its special tenure is a significant draw for investors who want a higher return on investment. They can choose to receive interest payouts monthly, quarterly, half-yearly or annually based on their financial needs.
Bajaj Finance Fixed Deposit is a safe and secure investment option designed to enable investors to earn substantial returns. It represents a great alternative to investment options such as savings accounts, mutual funds, or stocks. Investors can open a fixed deposit account with the company by using a simple FD calculator tool found on their site. This tool can be used to estimate the maturity amount of the investment.
For example, if an investor chooses to deposit INR 10,00,000, they can earn up to INR 11,70,162 with tenor options ranging from one year to five years. This data shows that Bajaj Finance Fixed Deposit can deliver significant returns to investors who choose to use their services.
Bajaj Finance is a well-established institution that has been offering financial services for 35 years. It currently has a franchise of 66.05 million customers across India. The company offers a diversified lending portfolio across retail, SMEs, and commercial customers. It accepts public and corporate deposits and offers a variety of financial services to its customers. The company has the highest domestic credit rating of AAA/Stable for long-term borrowing and CRISIL AAA/Stable & [ICRA]AAA(Stable) for its FD program.
In conclusion, Bajaj Finance Fixed Deposit offers the highest interest rates compared to many traditional investment options. Investors looking for a safe and hassle-free investment experience can use the company’s FD calculator available on their website to make informed decisions. Its flexible interest payment options, special tenure and higher interest rates make it a compelling investment option for anyone seeking higher returns.