DID You Know ? Bajaj Finance is now offering interest rates of upto 7.00% on fixed deposit and 0.25% more for senior citizens. What's more, online investors get 0.10% extra (not applicable for senior citizens) - Invest Online
Particulars | Life Insurance | Bajaj Finance Fixed Deposit |
---|---|---|
Tenor | Minimum tenor of 10 years | Flexible tenors from 1 to 5 years |
Investment amount | Depend on insurance premiums as per policy terms | Start with Rs. 25,000 |
Assurance of returns | Bonus is declared at year-end and in Unit-Linked Insurance Policies, returns are market-linked | Assurance of guaranteed returns |
Maturity of deposit | On maturity of policy (20-25 years) | On maturity of deposit, as per your choice |
Premature withdrawal | After lock-in period of 3-5 years | After lock-in period of 3 months |