Chandigarh is one of the better planned cities of India, which is also one of the cleanest cities in India. The city is a Union Territory and is the capital of Punjab and Haryana. Located at the foothills of Himalayas, Chandigarh is the gateway to the hills, which comprise some of the most scenic beauties and enthralling sights.
Chandigarh is a city, which is so well managed and maintained with a lavish infrastructure. It is often called a ‘pensioner’s paradise.
Investment options in Chandigarh
Here are some of the best investment options in Chandigarh:
Savings Account – RWith no risk to your capital amount, you can look for a low-risk investment option with savings account. Get a nominal rate of interest to grow your savings, without any effect of market forces.
Mutual funds – Mutual funds offer higher returns, which are not always guaranteed, because of greater effect of market forces.
Treasury Bills – You can also look for investing in government bonds and treasury bills, which are issued at discount and are redeemable at face value. However, when investing, make sure you invest in multiples of Rs. 25,000 to buy them from the government.
Fixed deposits –If you’re looking for a low-risk investment option that helps you grow your savings, fixed deposits in Chandigarh are your best bet. Get high stability and credibility by investing in Bajaj Finance Fixed Deposits.
Chandigarh residents willing to open a Fixed Deposit with Bajaj Finance, need investing a minimum amount of Rs. 25,000. Here are some other major eligibility criterions:
Resident Indian citizen
Hindu Undivided Family (HUF)
Companies along with group companies, partnership firms, and sole proprietorship
Societies, clubs, and associations
Get more out of your investment with Bajaj Finance FDs
Bajaj Finance fixed deposit is a winner of a scheme to let you earn better and sure-shot ROI on your investments. Along with Chandigarh, it is also available in Amritsar, Jalandhar, Ludhiana and many more cities.
Here’s a lowdown on the attractive interest rates offered by Bajaj Finance Fixed Deposit:
|Tenor in months||Minimum deposit (in Rs.)||Cumulative||Non-Cumulative|
|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|