Fixed Deposit in Faridabad

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Faridabad is a city that is part of the National Capital Region and among the major industrial hubs in India. As such, it is among the top locations for real estate investments, but residents also have access to other avenues for wealth generation. One good option for most investors is the fixed deposit as it can help you earn healthy returns in a risk-free manner.

Features of Bajaj Finance Fixed Deposit

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

  • Fixed Deposit in Faridabad: Features and Benefits

  • High rates for seniors

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    Bajaj Finance offers FD schemes for senior citizen investors with an additional 0.25% interest on the base rate.

  • Low minimum deposit

    Book a Bajaj Finance FD with a minimum investment value of Rs.25,000 only.

  • Easy ROI calculations

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    With the FD calculator, you can calculate your returns for any given tenor, accurately.

  • Education loan scheme

    Payout flexibility

    Opt for either cumulative or non-cumulative interest payouts, based on your investment goals.

  • Fixed Deposit in Faridabad

    With the number of investments avenues you have access to as a resident of Faridabad, it helps to know a few sure fire ways to grow your wealth. One worthwhile option to consider is the Bajaj Finance Fixed Deposit because it guarantees returns and allows you to invest flexibly, based on your goals. With this investment, you can get an interest rate of up to 6.75% on a tenor that ranges up to 60 months. This allows you to enjoy generous returns without any risk.

    What’s more, this FD has the Auto-Renewal facility, which allows you to reinvest seamlessly without requiring any additional effort.

Fixed Deposit in Faridabad: Eligibility Criteria

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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.

  • Resident Indian citizen
  • Hindu Undivided Family (HUF)
  • Companies along with group companies, partnership firms, and sole proprietorship
  • Family trusts
  • Societies, clubs, and associations

FD Rates in Faridabad

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
Monthly Quarterly Half Yearly Annual
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%

Rate benefits basis customer category (w.e.f 12 May 2021) :

+ 0.25% for senior citizens

+ 0.10% for customers opening FD through online mode

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

Renewal:

+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.

Fixed Deposit in Faridabad: Branch

Bajaj Finance Limited

2Nd Floor, Sco 57, Sector -031, Pristine Mall, Faridabad - 121 001.

*Conditions Apply

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