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.
Bajaj Finance Fixed deposits in Chandigarh are one of the most rewarding investment avenues, which not only provide greater interest but also greater flexibility.
Bajaj Finance Fixed Deposits in Chandigarh offer one of the highest interest rates in the country, which enable you to multiply your savings quickly. You can also look for higher interest rate for senior citizens, which helps them grow their corpus and plan a secure retirement.
When investing in FDs in Chandigarh, you can choose your tenor as per your liquidity requirements. If you are looking for periodic interest payouts, you can easily choose from annual, semi-annual, quarterly or monthly interest payouts.
Do you want to gauge the maturity amount, before you start investing in Bajaj Finance FDs? Use the Bajaj Finance FD Calculator, to get accurate maturity amount and returns earned.
You can invest in Bajaj Finance Fixed Deposit in Chandigarh with just Rs. 25,000.
Chandigarh residents willing to invest in Fixed Deposit by Bajaj Finance, need to invest a minimum amount of Rs. 25,000. To start investing, you must be either of the following:
Resident Indian citizen
Hindu Undivided Family (HUF)
Companies along with group companies, partnership firms, and sole proprietorship
Societies, clubs, and associations
Maximise your savings with Bajaj Finance FDs
Bajaj Finance Fixed Deposit 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:
Annual rate of interest valid for deposits up to Rs.5 crore (w.e.f 05 March 2020)
|Tenor in Months||Minimum deposit (in Rs.)||Cumulative||Non-Cumulative|
|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%|
+ 0.25% for senior citizens
+ 0.10% for Bajaj Group employees, Bajaj Finance Ltd customers and Bajaj Allianz Life Insurance existing policyholders
+0.10% over and above the rate of interest at which the deposit is booked
Bajaj Finance Limited
1st And 2Nd Floor, Plot No Sco - 26, Sector - 26, Chandigarh - 160 002.