Company standing – A well-managed and credible company with a long history of profitability is a good choice.
Past repayment history – A company with timely interest payments and no default in repayment of fixed deposits is ideal.
The credit rating of the company - Company fixed deposits are rated by credit rating agencies such as CRISIL and ICRA on a 14-point rating system, which determine the assumed risk levels. These will inform you of the stability aspect of the company fixed deposit from time to time. The higher the rating, the safer your investment.
Company FDs offer benefits such as revision of interest rate based on your return. Bajaj Finance FD offers an additional 0.25% interest rate upon renewal. You can also avail the special tenor scheme of 15 months offering a higher interest rate than any other bank FDs.
Senior citizens can avail an additional benefit of 0.35%. They can take advantage of easy online application process from the comfort of their homes.
Bajaj Finance FD offers 8.60% interest rate at the highest tenor level. Bajaj Finance offers a simple way to calculate your returns and your fixed deposit portfolio returns by using the online FD calculator. You can adjust the tenor and the principal amount and see the maturity amount you will receive. It’s a simple and useful tool for portfolio planning.
Check FD Interest Rates
Calculate Your Maturity Amount with FD Calculator