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Earn higher returns through Fixed Deposit.

Summary: Pune (Maharashtra) [India], Apr 04 (Businesswire-India): Fixed deposit (FD) or Term Deposits is a term dedicated to any deposit made with a bank or NBFC for a set period bearing a fixed rate of interest. FD (Fixed Deposit) is also considered a stepping stone towards savings for an individual and is generally considered a safe mode of investment. Many reasons could be attributed to the massive popularity of FD's in India:-

Pune (Maharashtra) [India], Apr 04 (Businesswire-India): Fixed deposit (FD) or Term Deposits is a term dedicated to any deposit made with a bank or NBFC for a set period bearing a fixed rate of interest. FD (Fixed Deposit) is also considered a stepping stone towards savings for an individual and is generally considered a safe mode of investment. Many reasons could be attributed to the massive popularity of FD's in India:-

Features of Fixed Deposits

aACAo A safe method of investment with consistent interest yield

aACAo Higher interest rates than savings accounts. Up to 0.5 percent additional interest for senior citizens

aACAo No credit checks or formalities are required. It only takes a few hours and minimal documentation to get a fixed deposit receipt.

aACAo Flexible tenure from 7 days to 10 years

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 Ltd., offers Fixed Deposits at an attractive interest rate of 7.85 percent to its customers, which can go up to 8.20 percent, 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.

aACAo Guaranteed Returns: - Bajaj Finance Ltd has been rated a secure investment option by multiple rating agencies, its FD's are free from market fluctuations and offer assured returns.

aACAo Flexible Tenor: - Bajaj Finance Ltd Fixed Deposit 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.

aACAo Flexible Deposit Amount: - Investors have the option to start investing from as low as Rs. 25,000/- onwards with Baja Finance Ltd FD. (Businessiwre-India)

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Publication:Asian News International
Geographic Code:9INDI
Date:Apr 4, 2018
Words:403
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