Bajaj Finance Fixed Deposit: Offers Higher FD Rates and Fast Online Process

The returns of many investment options are affected by market volatility, but term deposits are not one of them. Because FD interest rates are fixed, they are a great option for investors looking to add stability to their portfolios. Bajaj Finance fixed deposit is among the alternatives with some of the profitable FD interest rates up to 7.75% pa

Here is a brief overview of the main features offered by Bajaj Finance, which extends these benefits to investors.

Features of Bajaj Finance Fixed Deposit Clients can deposit a specified amount and receive returns at a fixed FD interest rate if they choose a safe investment choice. The fixed deposits offered by Bajaj Finance are not based on market performance, thus eliminating the “fear aspect”. It offers FD rates as high as 7.75% per annum. The FD has several advantages: • Investments can be made for as little as Rs. 15,000 • Top CRISIL AAA/STABLE and (ICRA)AAA(Stable) ratings • Flexible term options from 12 to 60 months • Multiple payment options for monthly, quarterly, half-yearly and annual income • Up to 0.25% higher returns for senior citizens.

• A loan against deposit of your choice allows a loan of up to 75% of the deposit.

How to Make an Online Bajaj Finance Fixed Deposit Investment Follow this simple 5-step strategy to take advantage of the current FD rates available to invest right now.

Step 1: To access our fixed deposit form, click on ”Invest Online”.

Step 2: Enter your mobile number, date of birth and current location PIN. Your mobile number will receive an OTP; confirm it to connect.

Step 3: If you are an existing customer, Bajaj Finance will have your registered information which can be verified. Check the information to make sure it is correct and edit it if necessary.

New users need to upload their KYC documents for identity and residency verification or complete their KYC using their Aadhaar number.

Step 4: Mention your income, marital status and candidate details.

Step 5: Choose your age, deposit amount, term and payment option.

Step 6: Use NetBanking or UPI to complete your investment.

Investing in a Bajaj Finance Fixed Deposit is simple. Visiting the Bajaj Finance Fixed Deposit branch or booking a FD online are options.

Offline FD Booking Download the form from the Forms Center, complete it with your information and deliver it to the branch nearest you. You can pay by check, RTGS, NEFT or net banking.

Fixed Deposit Investment To help you understand this better, take a look at the following charts.

For non-senior investors: Amount of investment (in Rs.) Tenor of investment Rate FD Interest earnings (in Rs.) Total earnings (in Rs.) 3,00,000 44 months 7.50% pa

91,098 3 91,098 5,00,000 44 months 7.50% pa

1,51,830 6,51,830 For senior investors: Amount of investment (in Rs.) Duration of investment Rate FD Interest earnings (in Rs.) Total earnings (in Rs.) 3,00,000 44 months 7 .75% pa

94,443 3 94,443 5 00,000 44 months 7.75% pa

1,57,406 6,57,406 Disclaimer: The results above were calculated using the Bajaj Finance FD Calculator. A Bajaj Finance fixed deposit is a profitable and secure investment option with all the advantages described above, especially given the volatility of the financial market. So, instead of waiting in line for hours for tedious paperwork, start your financial adventure right away with a Bajaj Finance fixed deposit.

(This story has not been edited by the Devdiscourse team and is auto-generated from a syndicated feed.)

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