footer close header add
footer close header add
हिंदी खबर
Bajaj Finance Limited
Bajaj Finance Limited

Bajaj Finance FD rates have been revised w.e.f 1st July 2022, now earn returns up to 7.75 per cent p.a.

ANI | Updated: Jul 05, 2022 12:38 IST

Pune (Maharashtra) [India], July 5 (ANI/NewsVoir): In these unpredictable times, a sound investment strategy can help one's hard-earned money expand while protecting it from market volatility.
According to experts, one should match their investments to risk tolerance, financial goals, and anticipated returns.
The most common investment option is a fixed deposit, which is immune to market swings. It is also a secure investment vehicle that guarantees significant profits. Banks, post offices, and non-banking financial institutions in India provide fixed deposits (NBFCs). These financiers each have a unique set of benefits and traits.
Bajaj Finance offers high FD rates and deposit security when investing money in a safe investment vehicle like an FD for long-term capital growth. Here are the top secure investing choices you may make to protect your hard-earned cash:
1. Fixed Deposits
The safest and most popular investment option is a fixed deposit (FD). It has been the most reliable option for many people unwilling to risk their assets. One of the finest solutions during market volatility is to invest in Bajaj Finance fixed deposits. It offers consistent and specific results. Bajaj Finance Fixed Deposits enjoy a (ICRA)AAA(Stable), indicating the highest level of safety and lowest investment risk.
The following are some essential characteristics of a Bajaj Finance Fixed Deposit:
Earn interest returns of up to 7.75 per cent p.a.
Investment starts at just Rs 15,000.
The flexible tenor for higher returns
Regular income with multiple payment options.
Senior citizens receive additional rate benefits of up to 0.25 per cent.
If a person invests Rs 3 lakh in Bajaj Finance FD on or after 1st July, 20222. The interest rate and the total earnings are as mentioned below:

All the results mentioned above were computed using the Bajaj Finance FD calculator.
2. Systematic Deposit Plan
A Systematic Investment Plan-like monthly savings strategy known as the Systematic Deposit Plan (SDP) combines the advantages of fixed deposits with the routine of regular savings. But the SDP is unaffected by changes in the market, unlike a SIP.
The Bajaj Finance Systematic Deposit Programme (SDP) encourages consumers to develop a positive investment habit and enables them to begin investing with as little as Rs 5,000 each month. Even better, it offers the same advantages of compounding, by which someone who persistently saves over a long period can gain a lot.
With the Systematic Deposit Plan from Bajaj Finance:
Investments can be made for as little as Rs 5,000.
Investors below 60 years can expect annual returns of up to 7.50 per cent p.a.
Senior citizens receive additional rate benefits of 0.25 per cent and returns up to 7.75 per cent p.a.
The revised SDP interest rate offered by Bajaj Finance are:

Special interest rates are also offered for specific tenors.

Individuals can select a flexible payment method through the SDP. The Monthly Maturity Scheme matures on a different date based on your chosen tenor, but the Single Maturity Scheme allows you to receive a lump sum upon maturity.
An excellent strategy to build wealth for your future is by investing. You could occasionally fail to consider specific details, such as market volatility, which can harm your investments. The objective is to invest in less volatile items and meet your risk profile. Fixed deposits and Bajaj Finance's Systematic Deposit Plan are both excellent investment choices for people who want their funds to grow without the dangers associated with market swings.
This story is provided by NewsVoir. ANI will not be responsible in any way for the content of this article. (ANI/NewsVoir)