Download App image

Bajaj Finserv App

Bajaj Finance Best Investment Plans

Fixed Deposit in Coimbatore

Fixed Deposit in Coimbatore

play

Coimbatore is one of the fastest growing cities in India and a center of importance when it comes to textile. Coimbatore has also been ranked as one of the major emerging cities in India by India Today magazine in 2014.

The city is the 2nd largest software producer in Tamil Nadu, after the capital city of Chennai. It houses more than 25,000 industries major being automotive components with major car makers such as Maruti Udyog and Tata Motors.

Home to many engineering and medical colleges as well, Coimbatore residents also look for many investment opportunities to improve their savings.

Investment options in Coimbatore

People of Coimbatore can easily put in their money in many investment schemes such as:

Real estate – Real estate is a lucrative investment opportunity if you have the patience to wait for the right time to use it for higher ROI.
Mutual funds – Mutual funds also offer a higher interest rate but since these are affected by market fluctuations, the returns are not guaranteed.
Stocks – Stocks are good when it comes to getting higher returns, but these are never fixed.
Fixed deposits – Fixed deposits offer a higher interest rate along with a fixed ROI, flexible tenor and facilities such as loan against FD.

  • Fixed deposit features and benefits in Coimbatore

    Bajaj Finance Fixed Deposit in Coimbatore is not an ordinary FD scheme, as it has many features and benefits such as:

  • Higher ROI for senior citizens

    play

    Senior citizens can gain 0.35% more interest rate profit as compared to standard citizens, on their FDs. For more details visit Bajaj Finance FD for Senior Citizen.

  • Minimum investment amount

    If you have Rs. 25,000, you can easily open an FD account with Bajaj Finance.

  • FD calculator

    play

    FD Calculator enables you to know your exact ROI figure after maturity, once you put in the deposit amount and tenor on it.

  • Online account access

    Get 24X7 online FD account access through Bajaj Finance digital customer portal for easy tracking.

Eligibility criteria for Coimbatore residents

play

Coimbatore city residents can invest in a FD with Bajaj Finance. Here are other principal eligibility criteria. You must be either of the following:

  • Resident Indian citizen

  • Hindu Undivided Family (HUF)

  • Companies along with group companies, partnership firms, and sole proprietorship

  • Family trusts

  • Societies, clubs, and associations

Grow your savings by investing in Bajaj Finance FDs.

Bajaj Finance FDs are also available in Madurai, Chennai, Erode, Trichy, Nagercoil, Salem, Cuddalore and more cities.

FD Rates in Coimbatore

An FD in Coimbatore also lets you make the most of rates and payments, suiting your needs and financial status.

Fixed Deposit Interest Rates 2019

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 8.05% 7.77% 7.82% 7.89% 8.05%
36 - 60 8.35% 8.05% 8.10% 8.18% 8.35%

Rate benefits basis customer category (w.e.f. 03 Sep 2019):

+ 0.35% 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

To book an FD with Bajaj Finance in coimbatore, visit the address mentioned below:

Bajaj Finance Limited

Bajaj Finserv Ltd. 1St Floor, 104, Excellence, Race Course Road, Next To Taj Vivanta, Coimbatore - 641 018.