The fixed deposit was the safest investment alternatives and will always remain so, but it is no longer capable of satisfying your income expectations. If you want decent returns along with principal safety offered by FD, you have to do some research and find the most suitable schemes to invest in. Banks no longer remain a viable option, investors willing to invest their money in FDs need to explore the schemes offered by Non-Banking organizations. NBFCs such as Bajaj Finserv have been in existence from long enough to be trusted. Besides, you get entitled to higher ROI by investing in NBFCs. If you need more reasons to invest in Fixed Deposit by NBFCs, continue reading. Higher returns: As said earlier, NBFCs offer higher returns on FD. What’s more? NBFCs offer additional interest rate to their existing customers and senior citizens which is way higher than what’s offered by banks. For example, by choosing Bajaj Finserv FD scheme you can gain an additional 0.25% per annum over and above the average if you are an existing customer. Credibility: Short and long-term investments tools are marked as safe and unsafe by CRISIL to highlight the trustworthiness. As a buyer, you can refer to these safety rating and make a safe and fruitful decision. Ease of applications: Lastly, NBFCs offer online application and account management facility to make the entire process easier. In the end, compare your options in every aspect and make your decision worthy. Read about : Investment Option in Ghaziabad
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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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