Use your fixed deposit earnings to plan your vacation
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Use your fixed deposit earnings to plan your vacation

  • Highlights

  • Fixed deposits are convenient and easy to use

  • Company FDs offer higher rates of interest than banks

  • You can be assured of higher interest rates over flexible tenors

  • FDs provide an additional source of income that can help you plan a holiday

We often put away the thought of a family vacation because we think our savings may not be able to cover the expenses. Be it a short trip to Thailand or Bali, we often prioritize other expenses and postpone our plans. A simple investment in a fixed deposit can help you plan and manage the costs of your much-coveted family vacation.

Fixed deposit investments offer a number ofadvantages that can help you realise your financial goals. Here are some of them:

Competitiveinterest rates

Lenders try to attract customers with FDs at attractive interest rates. However, it is important to remember that company FDs offer higher rates of interest than banks and other institutions. Bajaj Finance, one of India’s most diversified non-banks, offers fixed deposits at interest rates up to 7.85%, which is higher than the 6+ % offered by most banks today.

Safety and assured returns

Sincereturns onfixed deposits are not dependent on external conditions, they are not hampered by the ups and downs of the financial markets. This means you can get assured returns on your investments without worrying about the risk. Bajaj Finance FDs have been rated highly stable by ICRA and CRISIL.

Flexible Tenors

Identify your dream holiday destination and start planning your finances well in advance. Let’s say you are planning a vacation in a year’s time, by setting aside some money now, you can meet your financial goals with ease. You can choose from tenors as short as 12 months to larger period of 60 months.

5 Reasons to invest in Fixed Deposits

 

Medium and large investment options

There is no limit for the amount you are investing in your FD. Bajaj Finance offers low investments starting just Rs.25,000.

Start planning early and make your dream vacation come true with a fixed deposit investment.

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