Enjoy high FD interest rates of up to 7.05% with Bajaj Finance Online FD

February 17, 2022 5:16 p.m. STI

Pune (Maharashtra) [India]February 17 (ANI/NewsView): When it comes to growing wealth or simply maintaining healthy finances, experts recommend investing their money.
It is financially prudent to start investing as soon as possible. This allows individuals three key benefits, which are:
Investments passively supplement income
Investments help fight inflation year after year
Investments create a contingency fund that can be used in an emergency
Choosing the right tool is just as important. Investors have several options to choose from at this point, and their goal should be to find an investment that can reliably earn money. Fixed deposit is a good choice because it is a secure option with a moderate return.
Read on to understand how Bajaj Finance FD stands out as a reliable financial instrument.
Offers secure income
Fixed deposits are not affected by market volatility or downturns. An FD from the right financial institution is one of the safest ways to invest. You can rate an FD’s safety based on the ratings it has from agencies like CRISIL or ICRA. For example, Bajaj Finance Fixed Deposit has FAAA rating from CRISIL and MAAA rating from ICRA. These are the highest marks for stability and credibility, indicating that his money is never in danger.
Loan against FD Facility
With the loan facility against FD, one can use his money when he needs it the most without breaking his FD. In case of urgent need of funds, they can prematurely withdraw from the fixed deposit. Bajaj Finance Fixed Deposit offers easy loan against FD, where investors can avail loan against their FD up to 75% of deposit amount. Obtaining a loan from FD can be done with minimal documentation, fast processing, and no additional fees.

Works as a secure investment instrument for senior investors
The FD can help senior investors set up a secure income stream during their golden years. With flexible payment options, one can collect interest income monthly, quarterly, semi-annually or annually. These returns can easily cover current expenses without any risk for seniors. The secure nature of the FD provides these investors with much-needed peace of mind during their golden years.
Attractive FD interest rates
Investors can benefit from the high interest rates of the FD with attractive yields of up to 7.05% per annum. These interest rates are better than those offered by banks, post offices and others.
Here is a table to show how much one can earn with a long-term Bajaj Finance FD.
Citizen under 60 investing:

Easy online investment process
Investing in fixed deposit is a hassle-free process. For example, Bajaj Finance allows investors to book an FD online within minutes. You have to fill out a form and make the deposit digitally. Plus, they get guaranteed interest rates of up to 7.05% on their deposits, meaning investors can earn more with high DF ratesand they don’t have to worry about market volatility affecting their returns.
When considering a secure financial plan for the short or long term, investing in a Bajaj Finance FD is a smart choice.
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