5 Ways to Secure Your Future with High FD Rates

Adding a safe, low-risk investment to your portfolio is a great way to safely grow your wealth. As a retail investor, investing in fixed deposit is a smart choice due to the recent rise in FD rates. You can earn lucrative returns with high FD rates while providing financial security for years. Consider Bajaj Finance Fixed Deposit, the many fixed deposit options available. With it, you can secure your wealth and earn substantial returns, with FD rates of up to 7.75% per annum.

Fixed deposits are a popular choice for those looking to diversify their portfolio. Many go this route because it adjusts risk and injects stable profits into the mix. FDs have been among the safest investment instruments for many, as FD rates are unaffected by market fluctuations. As such, rising FD rates are the perfect time to start your investment in FDs and grow your wealth safely.

Look at these pointers to learn how investing in a Bajaj Finance FD helps secure your financial future.

Enjoy the highest security and credibility ratings

When investing, choosing a safe and credible instrument is key to reducing risk and keeping your finances secure. Since an FD is not tied to market fluctuations, it is a safer investment. In addition, rating agencies such as CRISIL and ICRA rate the investment instruments of various financial institutions. A high rating means that the instrument is safe and you can make a stress-free investment knowing that you will receive your interest income and the amount originally invested on time and without fail. Bajaj Finance DF has the highest security and credibility ratings of CRISIL AAA/STABLE and [ICRA]AAA (Stable), ensuring the security of your invested amount.

Access a long tenure for maximum returns

When you choose a long investment term, you can benefit from higher FD rates, which means better returns. For example, your returns on a 33 month fixed deposit would be higher compared to a 22 month FD. Bajaj Finance fixed deposit offers high FD rates and a flexible term ranging from 12 to 60 months. It allows you to maximize your yields in complete safety.

Below is a table that outlines the earnings on an investment of Rs. 5 lakh made for different tenures as an investor under 60.

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Duration (in months) FD rate (in pa) Interest income Total winnings
18 6.65% Rs.50,695 Rs.5,50,695
22 6.80% Rs. 64,093 Rs.5,64,093
44 7.50% Rs.1,51,830 Rs.6,51,830

Disclaimer: Results calculated using the Bajaj Finance FD Calculator

Invest to take advantage of one of the highest FD rates in the market

The Bajaj Finance FD comes with some of the highest FD rates for different terms up to 7.75% interest. Earning substantial returns from your investment is a must to ensure your payout overcomes inflation. With the power of compounding coupled with high FD rates, you can enjoy even better returns.

Below is a table with different FD rates for an investment of Rs. 5 lakh in a Bajaj Finance FD as a senior:

Duration (in months) FD rate (in pa) Interest income Total winnings
24 7.20% Rs. 74,592 Rs.5,74,592
33 7.40% Rs.1,08,460 Rs. 6,08,460
44 7.75% Rs.1,57,406 Rs.6,57,406

Disclaimer: Results calculated using the Bajaj Finance FD Calculator

Get an emergency loan when you’re in a cash crunch

Making a lump sum investment with a long duration can mean running out of cash if you’ve exhausted your emergency savings. Although this can usually mean breaking your investment, Bajaj Finance Fixed Deposit helps you avoid this. Instead, you can avail a loan against your FD value at nominal interest rates. This can ensure that your wealth continues to grow while allowing you to deal with emergencies.

Apart from these Bajaj Finance Fixed Deposit features, you can also take advantage of the FD Calculator and a 100% digital process to maximize convenience. The FD Calculator allows you to get an accurate estimate of your returns and plan your investment accordingly, while the online application makes the process faster and easier. Invest online in a few steps and create a safe and secure investment to grow your wealth.

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