Ahmedabad is the largest city in the state of Gujarat. It is also the second largest industrial center in western India after Mumbai. Considered as one of the fastest growing cities in the world,
Ahmedabad is also known as one of the best cities to live in India. Residents of Ahmedabad are hence, on a lookout for diverse investment opportunities, to increase their savings.
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 a higher investment amount. If you have surplus cash, you can invest in real estate but you would need to wait for the right time to reap benefits.
Mutual funds – Mutual funds are excellent profit-yielding financial tools,for those who have a higher risk appetite as its ROI is not guaranteed.
Stocks – When investing in stocks, you can look for higher returns, but these returns may not be constant. Stocks are highly impacted by market fluctuations, which is why these are not recommended for risk-averse investors.
Fixed deposits – Fixed deposits are one of the most preferred investment options. It offers a higher interest rate as well as assured returns
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.
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 Indian citizen
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!
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.
| Tenor in months | Minimum deposit (in Rs.) | Cumulative | Non-Cumulative | |||
|---|---|---|---|---|---|---|
| Monthly | Quarterly | Half-yearly | Annual | |||
| 12 – 23 | 25,000 | 8.00% | 7.72% | 7.77% | 7.85% | 8.00% |
| 24 – 35 | 8.15% | 7.88% | 7.93% | 8.00% | 8.15% | |
| 36 – 60 | 8.75% | 8.42% | 8.48% | 8.57% | 8.75% | |
| Special tenor scheme | ||||||
| 15 | 1,00,000 | 8.05% | 7.77% | 7.82% | 7.89% | 8.05% |
