Fixed deposit is considered one of the safest investment option by most investors. It is a low-risk, assured return investment which offers appreciable returns for investors in Ahmedabad. Benefits of fixed deposit from Bajaj Finance. Higher rate of interest The deposit offers higher interest rates fixed deposit of 8.40% onwards. You can earn top-up rate of 0.25% on renewal. Under the senior citizen scheme 0.35% top up interest can be earned on the base rate. There is the special interest tenure rate of 0.25% which is available for 15 months. Withdrawals
There are two types of withdrawals - cumulative and non-cumulative. Cumulative lets you receive income at the time of maturity. While, from non-cumulative you can earn interest at monthly, quarterly, half-yearly and annual basis. Assured safety They are rated high on security and stability as rated by ICRA’s MAAA (stable) rating and CRISIL’s FAAA/ stable rating, so your investments are never at risk. They are free from market fluctuations and thus are an assurance of stability. Easy to book You can easily book investment online with just an amount of Rs. 25,000. The process requires minimum documentation and can be booked either in your name or for your family member. Flexible tenure You can book the FD for a flexible duration of 12-60 months. This will help you to gradually accumulate wealth and grow your corpus. While in the long run it will ensure you stay financially covered at all times.
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About Author:Aman is working in the domain of Investment management in one of the top universities. He has published research papers and case studies in Investment and Fixed Deposit marketplace. He is an avid blogger in the domain of Investment management. you can also find him on social networking platforms. Archives
August 2022
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