Fixed Deposit in Ahmedabad
Ahmedabad is the largest city in the state of Gujarat. It is also the second largest industrial center in western India after Mumbai. Ahmedabad is growing by leaps and bounds, and is considered as the fastest growing in the world.
It is also considered one of the best cities to live in India along with Pune and Bangalore. Hence, many people are making Ahmedabad their base to live and grow quickly.
Investment options in Ahmedabad
Here’s a lowdown on some of the best investment options for residents in Ahmedabad:
Real estate – Investing in real estate needs patience and big investment amount. If you have surplus cash, you can buy real estate but need to wait for the right time to reap the ROI.
Mutual funds – Mutual funds are good profit-yielding financial tools if you have a better risk appetite as its ROI are not guaranteed.
Stocks – Stocks have a higher interest rate payout but its ROI is not fixed as it’s affected by market conditions.
Fixed deposits – Fixed deposits or FDs are one of the most preferred investment options. It offers a higher interest rate as well as guaranteed ROI.
Fixed deposit features and benefits in Ahmedabad
The FDs in Ahmedabad offered by Bajaj Finance is enriched with many features and benefits to make your investment grab more such as:
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Higher returns for senior citizens
Bajaj Finance Fixed Deposits in Ahmedabad provide senior citizens with the opportunity to grow their savings furthermore, as they can get 0.25% more interest than the existing rate. Fixed Deposit for Senior Citizen is replete with some of the most enticing opportunities for multiplying your savings.
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Rs. 25,000 to begin with
If you have Rs. 25,000, you can begin investing in an FD in Ahmedabad easily and don’t need a huge amount to start an investment.
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FD calculator facility
FD Calculator is an online tool that helps you gauge your exact maturity amount to the last digit, which enables you to plan your investments beforehand.
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Flexible Tenors
When investing in Bajaj Finance FDs in Ahmedabad, you can look for flexible tenors, to suit your liquidity requirements. You can also look for periodic interest payouts with non-cumulative FDs.
Eligibility Criteria
Ahmedabad residents looking to open a fixed deposit account with Bajaj Finance need to invest a minimum amount of Rs.25, 000. Here are other major eligibility criterions:
- Resident citizens of India
- Hindu Undivided Family (HUF)
- Companies along with group companies, partnership firms, and sole proprietorship
- Family trusts
- Societies, clubs, and associations
Start your investment journey with Bajaj Finance FDs
Thus, not only the fixed deposit in Ahmedabad, you can enjoy a profitable investment experience with the highest interest rate with Bajaj Finance in other cities such as Rajkot, Surat, Vadodara, and many more!
FD Rates in Ahmedabad
Bajaj Finance fixed deposits are one of the reliable investment vehicles available today. An FD can help you grow your money over time.
By investing in fixed deposit in Ahmedabad, you can also make the most of non-cumulative as well cumulative deposits.
A Bajaj Finance fixed deposit in Ahmedabad can also help you make the most of non-cumulative as well cumulative deposits.
Annual rate of interest valid for deposits up to Rs.5 crore (w.e.f 05 March 2020) |
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|---|---|---|---|---|---|---|
| Tenor in Months | Minimum deposit (in Rs.) | Cumulative | Non-Cumulative | |||
| Monthly | Quarterly | Half Yearly | Annual | |||
| 12 – 23 | 25,000 | 7.60% | 7.35% | 7.39% | 7.46% | 7.60% |
| 24 – 35 | 7.65% | 7.39% | 7.44% | 7.51% | 7.65% | |
| 36 - 47 | 7.70% | 7.44% | 7.49% | 7.56% | 7.70% | |
| 48 - 60 | 7.80% | 7.53% | 7.58% | 7.65% | 7.80% | |
Rate benefits basis customer category (w.e.f 05 March 2020):
+ 0.25% for senior citizens
+ 0.10% for Bajaj Group employees, Bajaj Finance Ltd customers and Bajaj Allianz Life Insurance existing policyholders
Renewal:
+0.10% over and above the rate of interest at which the deposit is booked
You can visit the address below to book an FD in Ahmedabad:
Bajaj Finance Limited
3rd Floor, Unit No.302 To 306, Torquoise Building, Opp. Centre Point, Panchvati Paanch Rasta, Off C. G. Road, Ahmedabad - 380 006.
