Nashik is one of the major and most ancient cities of Maharashtra. The city is one of the holy places where Kumbh Mela is held. It is also called the ‘Wine city’ and ‘Grape city’ of India.
Situated around 200 kilometers from the state capital Mumbai, the city has seen a 360-degree development, regarding industries, real estate and more. The city also has a rich Marathi culture and history.
Investment options in Nashik
Nashik offers ample investment opportunities, such as:
Real estate – With real estate developments mushrooming all around Nashik, investing in it can easily offer you a bountiful ROI over the years.
Mutual funds – Mutual funds are subject to market risks, which mean the ROI is not guaranteed even though it offers a higher interest rate.
Stocks – The ROI of stocks are also bound by market fluctuations, so despite a higher interest rate payout, you may not get returns.
Fixed deposits – FDs or Fixed deposits are one of the safest investment schemes when it comes to offering a higher interest rate and fixed ROI. You can also benefit from assured returns
Nashik residents can lap up convenient features and benefits if they prefer Bajaj Finance Fixed Deposits such as:
The facility of a Fixed Deposit Calculator lets you calculate your ROI before investing once you put your deposit figure along with the tenor on the online tool.
Nashik residents can start an FD with Bajaj Finance, but they must invest at least Rs. 25,000, to begin with. Here are some other key eligibility criteria:
Resident Indian citizen
Hindu Undivided Family (HUF)
Companies along with group companies, partnership firms, and sole proprietorship
Family trusts
Societies, clubs, and associations
Improve your investment ROI with Bajaj Finance FDs
Bajaj Finance Fixed Deposit comes with safety, flexibility of tenor, a higher interest rate along with guaranteed ROI. You can seize the facility also in Mumbai, Pune, Nagpur, Kolhapur, Amravati, Nanded and many more locations.
A fixed deposit plan in Nashik comes with many rates and payouts details to suit your affordability and needs.
| Tenor in Months | Minimum deposit size (in Rs.) | Cumulative | Non-Cumulative | |||
|---|---|---|---|---|---|---|
| Monthly | Quarterly | Half-yearly | Yearly | |||
| 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 | ||||||
| 15 Months | 1,00,000 | 7.85% | 7.60% | 7.64% | 7.71% | 7.85% |
