8 Reasons why you should invest in a Bajaj Finance FD

Public Provident Fund (PPF), National Savings Certificate (NSC), Senior Citizens' Saving Scheme (SCSS), mutual funds, life insurance, bonds, etc. are some of the investment options people usually opt for. However, all of these either involve risk or come with a prolonged lock-in period. 
 One of the investment options that involve no risk and come with flexible tenors is fixed deposits (FDs). The majority of financial institutions offers FDs with convenient tenors. Among the best deals with maximum security on principal amount is <a href="https://www.youtube.com/watch?v=Wfm7IzqOdR8" target="_blank">Bajaj Finance Fixed Deposit</a>. 
 A Bajaj Finance FD comes with some of the most lucrative features and benefits in the market. Few reasons why you consider their FD scheme include:
 <div class="embed-responsive embed-responsive-16by9"><iframe frameborder="0" src="//www.youtube.com/embed/DI8eGOk8Tfo" width="100%" height="360" allowfullscreen="true" class="embed-responsive-item"></iframe></div> Receive a high rate of interest up to 8.75% on your fixed deposit. Senior citizens receive 0.35% higher interest rate on FD compared to general customers. Moreover, Bajaj Finserv offers you an additional 0.25% rate of interest when you renew your FD account. Flexible investment tenors 
 The tenors of these fixed deposits range from 12 to 60 months. You receive a higher fixed deposit interest rate if you aim for a longer lock-in period.
 Bajaj Finserv also offers a special scheme of a 15 months’ tenor where you earn over 0.25% ROI than a standard 12 months’ tenor. 
 Open an account with a minimum amount 
 You can open an FD account with a minimum investment of Rs. 25,000. The 15-month special scheme requires a minimum deposit of Rs. 1 Lakh.
 Cumulative and Non-Cumulative FDs 
 Cumulative FDs give you returns after maturity while non-cumulative fixed deposits provide you interests monthly, quarterly, half-yearly, or yearly.
 Risk-free and stable 
 Bajaj Finance FD is rated MAAA by ICRA and FAAA by CRISIL for its stability, thereby, making it safe. Thus, you can invest without any risk of losing your investment. Plus, you will receive the evaluated return, irrespective of the market condition.
 Fixed deposit calculator
 An <a href="https://www.youtube.com/watch?v=H28PyJTkPcs" target="_blank">FD calculator</a> can help you determine the returns on your investment. Use this online calculator to check your returns on investment based on amount, tenor, interest rate on FD, etc.
 Apply online 
 Bajaj Finserv enables you to invest in an FD online. You only have to provide your name, mobile number, email, city, and the amount you want to deposit. Also, they provide with the option to manage your FD account online. 
Make sure to submit your KYC documents (PAN, Aadhaar, Driving License, Passport, Voter ID, etc.) and a recent photograph to apply.
 Loan against fixed deposit 
 Fixed deposit is one of the best investment options against which you can avail a loan during crises. 
 Bajaj Finserv offers up to 75% of the cumulative amount and up to 60% of the non-cumulative amount as FD. You only have to go through minimal documentation to avail the loan and enjoy fast disbursal. Also, you receive flexible repayment tenor that ranges from 90 days to up to the FD’s maturity date. Moreover, you don’t have to pay any extra charges when you foreclose or pre-pay the loan. 
 In case you want a higher amount, you can opt for a Personal Loan from Bajaj Finserv that enables you to receive up to Rs. 30 Lakh. 
 The financial institution also offers pre-approved offers with these loans that save you time when availing finances by making the process uncomplicated. Pre-approved offers are also available with home loans, business loans, and an array of other financial products and services. Provide only your name and phone number to check your pre-approved offers.
 Go for Bajaj Finance Fixed Deposit and grow your savings safely. Make sure to use a fixed deposit calculator to make the right investment choice.

8 Reasons why you should invest in a Bajaj Finance FD

8 Reasons why you should invest in a Bajaj Finance FD

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