Cochin or Kochi is one of the major cities in the Indian state in coastal Kerala. The city is a pot purry of multiple cultures as it boasts of housing communities from all across the country. Cochin also houses many educational institutes of reputed fame, attracting students from everywhere.
The city has numerous entertainment centers, healthcare institutions, places of worship, restaurants and much more, making it a great place to stay. Like other cities of India, Cochin residents love to invest in various plans to grow their money.
Investment options in Cochin
Cochin residents could rely on many investment options to swell their ROIs easily such as:
Real estate – If you have the patience, real estate has fruitful ROI waiting to be unveiled, if invested over the years.
Mutual funds – Mutual funds also offer a higher investment rate if you have a higher risk appetite because ROI is not fixed and impacted by the market.
Stocks – Stocks also works like Mutual funds, when it comes to a higher interest rate along with no surety of ROI.
Fixed deposits – Fixed deposits or FDs can easily give you a higher rate of interest along with guaranteed ROI.
If you are a resident of Cochin, and willing to start your fixed deposit investment, opting for a Bajaj Finance Fixed Deposit in Cochin can offer many benefits:
Compared to standard citizens, senior citizens can easily benefit from an additional 0.35% interest rate meaning more profit or ROI. Check Fixed Deposit Schemes for Senior Citizen.
Once you have accumulated Rs.25, 000, it’s enough for you to open your FD account.
With an online FD Calculator, you can easily compute your exact FD ROI, even before investing. All that you have to do is – enter details such as deposit amount and the tenor to know.
24/7 online account access to your FD account via the digital customer portal of Bajaj Finance lets you streamline and know its progress.
The residents of Cochin can get their FD (Fixed Deposit) with Bajaj Finance activated by investing at least Rs.25,000. Here are other quick eligibility criterions:
Resident Indian citizen
Hindu Undivided Family (HUF)
Companies along with group companies, partnership firms, and sole proprietorship
Societies, clubs, and associations
Grow your investments with Bajaj Finance FDs
It’Bajaj Finance FDs are risk-free, and provide you with a higher interest rate along with guaranteed ROI. You can also leverage this facility in Calicut, Kannur, Kollam, Trivandrum, Allapuzha, Palakad, Trichur and many other cities!
An FD in Cochin also provides you with multiple rates and payouts to suit your needs and risk profile.
|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|