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 and gain a fat ROI.
Mutual funds – Mutual funds also offer a higher interest rate but since its ROI is affected by market conditions, it’s not guaranteed.
Stocks – Stocks are good when it comes to getting a higher interest rate, but they do not offer a fixed ROI.
Fixed deposits – Fixed deposits offer a higher interest rate along with a fixed ROI, as they are not impacted by market conditions.
Bajaj Finance Fixed Deposit in Coimbatore is not an ordinary FD scheme, as it has many features and benefits such as:
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.
If you have Rs. 25,000, you can easily open an FD account with Bajaj Finance and need not put in a lot of money to get started with.
FD Calculator lets you know your exact ROI figure after maturity, once you put in the deposit amount and the tenor on it.
24/7 online FD account access through Bajaj Finance’s digital customer portal lets you track it easily.
Coimbatore city residents can open a FD with Bajaj Finance. Here are other principal eligibility criterions:
Resident Indian citizen
Hindu Undivided Family (HUF)
Companies along with group companies, partnership firms, and sole proprietorship
Societies, clubs, and associations
Let Bajaj Finance FDs help your investments increase!
It’s Why adjust with just savings accounts, when you have the advantage of Bajaj Finance Fixed Deposit? Invest in a scheme as per your age and gain many benefits.
You can also enjoy the FD facility of Bajaj Finance in Madurai, Chennai, Erode, Trichy, Nagercoil, Salem, Cuddalore and more cities.
An FD in Coimbatore also lets you make the most of rates and payments, suiting your needs and financial status.
|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|