Faridabad is part of the National Capital Region and among the major industrial hubs in India. It is among the top locations for real estate investments, but residents also have access to other avenues for wealth generation. One investment option preferred by most investors is a fixed deposit. A fixed deposit can help you earn assured substantial returns.
|Interest Rate||Ranging from 5.65% to 6.75%|
|Minimum Tenor||1 Year|
|Maximum Tenor||5 Years|
|Deposit Amount||Min- Rs. 25,000|
|Application Process||Easy online paperless process|
|Online Payment Options||Netbanking and UPI|
With the senior citizen fixed deposit, you get an additional 0.25% interest rate on the base rate offered.
Use the online FD calculator to accurately estimate your earnings for any tenor and deposit amount.
Access the 24-7 online customer account and track your Bajaj Finance FD at any time.
Investments starting at just Rs. 25,000, making it an ideal investment option for young investors.
With the number of investments avenues, you have access to as a resident of Faridabad, choosing an investment tool can be a challenging task. While fixed deposits are stable investment instruments, they offer lower returns as compared to market linked financial tools. But, Bajaj Finance Fixed Deposit guarantees safety of returns while allowing you to grow your wealth with high FD interest rates.
Residents of Faridabad must make a minimum deposit of Rs. 25,000 to book an FD with Bajaj Finance. Moreover, only the following entities qualify for this instrument.
Before you start investing in Bajaj Finance Fixed Deposit, take a look at the FD rates on offer.
Annual rate of interest valid for deposits up to Rs. 5 crore (w.e.f. 12 May 2021)
|Tenor in Months||Minimum deposit (in Rs.)||Cumulative||Non-Cumulative|
|12 – 23||25,000||5.65%||5.51%||5.53%||5.57%||5.65%|
|24 – 35||6.10%||5.94%||5.97%||6.01%||6.10%|
|36 - 60||6.50%||6.31%||6.35%||6.40%||6.50%|
+ 0.25% for senior citizens
+ 0.10% for investing online
Note: Senior citizens investing in a Bajaj Finance online FD will only receive one benefit (rate benefit of 0.25%), regardless of the mode of investment
+0.10% over and above the applicable rate of interest/card rate at the time of renewal of deposit. In case of online renewal, only one benefit (renewal benefit of 0.10%) will be extended.
Bajaj Finance Limited
2Nd Floor, Sco 57, Sector -031, Pristine Mall, Faridabad - 121 001.