Ludhiana is a key industrial pocket in the north Indian state of Punjab. The city is known all over for its bicycle and hosiery industries. Ludhiana is a small town but with a big heart. It provides ample job opportunities to migrants from all over India in its various industries.
The people, foods, culture and everything seems just perfect for this Punjab town. Earning money in Ludhiana can also help you save and embark on an investment journey over time.
Investment options in Ludhiana
Ludhiana residents can easily start investing in various investment plans such as:
Real estate – Have some surplus money stashed in your bank account? You can easily put in some money in real estate and earn huge ROI over time. The ROI on real estate can swell if you hold your patience and wait for the right time.
Mutual funds – Mutual funds can offer you good ROI if you leave it for some time. However, the ROI is not fixed and impacted by market fluctuations.
Stocks – Stocks can also offer higher interest rate but its ROI is also affected by market conditions.
Fixed deposits – Since fixed deposits offer a higher interest rate along with a fixed ROI over a tenor, it is considered one of the most lucrative investment options.
Compared to standard investors, senior citizens can get a guaranteed 0.35% extra interest payout on their investment over a tenor. For more details check our page for Senior Citizen FD.
Fixed Deposit Calculator is an online tool to help people know how much they can earn on their investments. Once you enter your deposit amount and the tenor, an online FD calculator will show you the exact profit that you will earn after the tenor ends.
Residents of Ludhiana willing to activate a fixed deposit account with Bajaj Finance need to invest at least Rs.25, 000. Here are other leading eligibility criterions:
Resident Indian citizen
Hindu Undivided Family (HUF)
Companies along with group companies, partnership firms, and sole proprietorship
Societies, clubs, and associations
Strengthen your investments with Bajaj Finance FDs
Not only in Ludhiana, Bajaj Finance FD Scheme is also available in Chandigarh, Amritsar, Rohtak and many more cities. Get started today and see your money grow!
Bajaj Finance fixed deposit in Ludhiana scheme offers high profit and better ROI figure over a tenor.
|Tenor in Months||Minimum deposit size (in Rs.)||Cumulative||Non-Cumulative|
|12 – 23||25,000||7.60%||7.35%||7.39%||7.46%||7.60%|
|24 – 35||8.15%||7.88%||7.93%||8.00%||8.15%|
|36 – 60 Months||8.40%||8.13%||8.18%||8.25%||8.40%|
|Special tenors scheme|