Surat is one of the major cities in the state of Gujarat. Surat was earlier known as Suryapur and is home to more than 6 million people. After Ahmedabad, Surat is regarded as the second largest city in Gujarat and overall 8th in India. Surat is known worldwide for its diamonds, textiles and diamond-studded gold jewelry industries.
The city provides job opportunities to thousands of people who come here for finding employment. The people of Surat are business minded and seek investment options to grow their money.
Investment options in Surat
Surat citizens can opt for plenty of investment plans to boost the growth of their funds, such as:
Real estate – Real estate investments are for those who can wait for the right time to sell and get a bigger ROI.
Mutual funds – Same goes true for mutual funds, as even they provide a higher interest rate but with no guarantee of ROI.
Stocks – Stocks remain one of the most preferred investment options these days, as they offer a higher interest rate payout. The only glitch is that its ROI is impacted by market conditions.
Fixed deposits –FDs or fixed deposits are risk-free investment options, as they not only provide fixed ROI but even greater interest rate.
Senior citizens can grab a flat 0.35% extra interest rate compared to standard citizens on their FD investments. Visit FD for Senior Citizen for more information.
Fixed Deposit Calculator lets you know your exact ROI after maturity, once you enter your deposit amount and tenor on the online tool.
Residents of Surat city set to open a Fixed Deposit with Bajaj Finance would need to invest at least Rs. 25,000. Here are other key eligibility criterions:
Resident Indian citizen
Hindu Undivided Family (HUF)
Companies along with group companies, partnership firms, and sole proprietorship
Family trusts
Societies, clubs, and associations
Grow your wealth, with Bajaj Finance FDs
You can start enjoying greater benefits when it comes to investing your money in Bajaj Finance Fixed Deposit. The facility is also available in Ahmedabad, Vadodara, Vyara, Rajkot and many more cities.
An FD in Surat also offers you with different rates and payouts to suit your needs and affordability.
| 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% |
