ROI up to 6.75%* on FD


How to earn more from your fixed deposit?

  • Highlights

  • Higher interest rate with company FDs

  • Compounding interest with cumulative FDs

  • Maximize gains by re-investing fixed deposits

95% of the Indian households prefer fixed deposit investments for their stability and high returns. The returns and re-runs from your fixed deposits are pre-decided, which can help you plan your investments better. If you’re saving for a specific financial goal, maximizing the returns of your fixed deposits can be very helpful.

To maximize your fixed deposit earnings, you can follow the steps below:

Bajaj Finserv Fixed Deposit

Select a lender with high rates of return

The first step to increasing returns from your fixed deposits, is to select a credible lender, who offers you a higher interest rate. An interest rate of at least 7% or more is ideal for growing your savings, and ensuring high returns. Consider investing in Bajaj Finance Fixed Deposits to ensure higher returns, with stability.

Pick a company fixed deposit

Financial institutions offer company FDs, which offer higher interest rates and flexible tenors. These company FDs make it possible to earn more, and offer a suite of different benefits.
Some of the best benefits of company fixed deposits are mentioned below.

Make most of your company FDs by choosing the right financier, and opt for the best fixed deposit scheme, as per your financial goals.

Invest in multiple fixed deposits

There are several advantages of investing in multiple fixed deposits, which have been discussed below:

i) Gain from varying rates of interest
ii) Build a safety net against riskier investments
iii) Reduce your tax obligations
iv) Gain higher returns
v) Make use of varying maturity period, so you can leverage a lump sum amount of money

You can manage multiple FDs with some useful tips, as given below.

Additional Read: How to Increase Your Retirement Savings?

Pick a cumulative fixed deposit

While a non-cumulative FD pays returns on a periodic basis, a cumulative one lets you accumulate interest over the tenor. The sum benefits from compounding of interest and your principal isn’t reset to its original value after a fixed amount of time has passed. As a result, you are able to earn more from the sum that you have invested.

Retirement Plan by Bajaj Finserv

Re-invest your interest income

To make your earnings from fixed deposits grow, it is important that you keep re-investing the sum that you get at maturity. This will allow you to generate a corpus to make an expensive purchase, such as a house or car.

So, if you’re investing in fixed deposits for growing your wealth, understand your lender’s renewal policy to make necessary arrangements. Choose the right financier and increase your gains!

Bajaj Finance is now offering attractive rate of interest up to 8.05%

*For senior citizens, on a cumulative scheme tenor of 36-60 months

DISCLAIMER: The mentioned fixed deposit interest rates are indicative only, and may be subject to change periodically. Please check the interest rates on our website.

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