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.
|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|
Bajaj Finance offers FD schemes for senior citizen investors with an additional 0.25% interest on the base rate.
Book a Bajaj Finance FD with a minimum investment value of Rs.25,000 only.
With the FD calculator, you can calculate your returns for any given tenor, accurately.
Opt for either cumulative or non-cumulative interest payouts, based on your investment goals.
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.
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 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
+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.