Noida stands for New Okhla Industrial Development Authority, is a planned city which lies close to the proximity of New Delhi. This Uttar Pradesh city is very well a part of the National Capital Region (NCR). The city has seen quite a development in the recent past as there has been a sea of real estate cropping up due to higher demands.
Many people are migrating to Noida because it’s a major industrial junction and offers the job to many people. Hence, the economic value of the city is also on the rise.
Investment options in Noida
Noida residents looking to put in their money for investment purposes can look up to schemes such as:
Real estate – Long-term investments in real estate can easily bring in cheers and offer a bigger ROI if utilized and sold as an asset at the correct time.
Mutual funds – Mutual funds’ ROI is also not fixed and impacted by market conditions although it brings in a higher interest rate.
Stocks – Stocks may or may not offer you good ROI as they are dependent on market fluctuations.
Fixed deposits – Fixed deposits remain as one of the best investment schemes when it comes to giving substantial returns along with higher interest rates.
FD Calculator lets you know an exact FD ROI, even before investing. You can evaluate returns once you put your deposit money and tenor on the online tool.
Noida residents can start a FD with Bajaj Finance and should invest at least Rs. 25,000. Here are some major eligibility criteria:
Resident Indian citizen
Hindu Undivided Family (HUF)
Companies along with group companies, partnership firms, and sole proprietorship
Societies, clubs, and associations
Increase your investments with Bajaj Finance FDs
Not only in Noida, but you can also avail Bajaj Finance Fixed Deposit facility in Lucknow, Allahabad, Varanasi, Agra, Ghaziabad and more cities and enjoy greater ROI.
An FD in Noida also empowers an investor with better rates and payments to suit 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|