ROI up to 8.95%* on FD

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Invest In A Bajaj Finance Fixed Deposit To Grow Your Bonus

  • Highlights

  • Invest in Bajaj Finance FDs to earn interest up to 8.95%

  • Grow your bonus up to 50% by choosing the right tenor

  • Amplify your gains by reinvesting in fixed deposits

  • Ladder FDs for maximum liquidity

There are countless ways in which you can use your bonus, but investing it after carefully evaluating your needs and goals will help safeguard your future. While there are several investment options like equity and mutual funds that offer attractive returns, they involve considerable risk that can deplete your principal. To keep your bonus safe from market fluctuations while also earning high returns, invest in a Bajaj Finance Fixed Deposit. Its high stability ratings coupled with superior interest rates of up to 8.95% help you earn over 50% of your invested capital as returns.

Here’s how you can invest in this instrument to maximise gains.

Invest in multiple FDs to benefit from various interest rates

Bajaj Finance offers different interest rates based on your customer type, tenor, and interest payout option. As a new customer, you can earn interest at 8% for a 1-year FD payable at maturity, 8.15% when you invest for 2 years, and 8.6% when you invest for 3 years or more.

Senior citizens earn an additional 0.35% as interest, and existing customers earn 0.25% extra interest as compared to new customers. Using this information, you can either pick one FD or split the amount into FDs of varying tenors and ladder them to enjoy continuous liquidity for varying goals.

Choose the right tenor by using the FD calculator

The fixed deposit maturity amount not only depends on the interest rate but also the tenor that you invest for. Since your bonus is locked for the entire tenor, the principal earns compound interest, which increases your net yields.

To help you make a smart investment, Bajaj Finance offers flexible tenor options ranging from 12 to 60 months. Based on your goals and liquidity requirements, you can choose the right tenor by first computing returns using an FD calculator.

If you want to focus on earning returns that equal 50% of the investment amount, invest for at least 5 years. Take a look at how this will offer returns that surpass your expectations.

If you are a new customer

Deposit amount (in Rs.) Tenor (in Yrs.) Rate of interest (in %) Interest earned (in Rs.) Maturity amount (in Rs.) Return on investment (%)
1,50,000 5 8.6% 76,590 2,26,590 51.06
 

If you are an existing customer

Deposit amount (in Rs.) Tenor (in Yrs.) Rate of interest (in %) Interest earned (in Rs.) Maturity amount (in Rs.) Return on investment (%)
1,50,000 5 8.85% 79,210 2,29,210 52.80
 

If you are a senior citizen

Deposit amount (in Rs.) Tenor (in Yrs.) Rate of interest (in %) Interest earned (in Rs.) Maturity amount (in Rs.) Return on investment (%)
1,50,000 5 8.95% 80,265 2,30,265 53.51
 

Earn 0.10% more by reinvesting your maturity proceeds

Additionally, you can reinvest your FD on maturity and earn an extra 0.10% interest, further amplifying your savings. The following examples show how much you can earn by reinvesting the maturity proceeds mentioned above.

If you are a new customer

Maturity proceeds = new deposit amount (in Rs.) Tenor (in Yrs.) Rate of interest (in %) Interest earned (in Rs.) Maturity amount (in Rs.) Returns (in %)
2,26,590 5 8.60% + 0.10% 1,22,934 3,49,524 54.25
 

If you are an existing customer

Maturity proceeds = new deposit amount (in Rs.) Tenor (in Yrs.) Rate of interest (in %) Interest earned (in Rs.) Maturity amount (in Rs.) Returns (in %)
2,29,210 5 8.85% + 0.10% 1,28,770 3,57,980 56.17
 

If you are a senior citizen

Maturity proceeds = new deposit amount (in Rs.) Tenor (in Yrs.) Rate of interest (in %) Interest earned (in Rs.) Maturity amount (in Rs.) Returns (in %)
2,30,265 5 8.95% + 0.10% 1,31,152 3,61,417 56.95
 

Using this approach you can grow your bonus steadily over the course of 10 years, without any stress or hassles. To get started, all you have to do is fill an short online application form.

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