Why should senior citizens invest in Bajaj Finance FDs?
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Why should senior citizens invest in Bajaj Finance FDs?

  • Highlights

  • Choosing non-cumulative or cumulative options

  • Higher yield with long-term investments

  • 0.35% additional interest for senior citizens

  • Evaluating returns with FD calculator

Fixed deposits are one of the best investment avenues that help investors grow their money, while safeguarding their funds. Bajaj Finance Fixed Deposits are one of the best investment options. Senior citizens can get 0.35% additional interest rate, along with flexible tenors and interest payouts.

Check out some more benefits of opting for Bajaj Finance Fixed Deposits.


Features of Bajaj Finance FDs For Senior Citizens

You can get fixed deposits at one of the highest rates of interest in India, along with several different benefits, such as:

Minimum Deposit of Rs. 25,000

Bajaj Finance enables you to start investing in fixed deposits, with just Rs. 25,000

Safe Investment Instrument

When investing in their FDs, you need not worry about the safety of your funds, as Bajaj Finance Fixed Deposits have ICRA’s MAAA (stable) rating, and CRISIL’s FAAA/Stable rating.


Features of Bajaj Finance FDs For Senior Citizens

You can get fixed deposits at one of the highest rates of interest in India, along with several different benefits, such as:

Minimum Deposit of Rs. 25,000

Bajaj Finance enables you to start investing in fixed deposits, with just Rs. 25,000

Safe Investment Instrument

When investing in their FDs, you need not worry about the safety of your funds, as Bajaj Finance Fixed Deposits have ICRA’s MAAA (stable) rating, and CRISIL’s FAAA/Stable rating.

Payout Options

You can always look for periodic payouts, by investing in non-cumulative fixed deposits. Here, interest is paid out at different intervals. You can receive monthly, quarterly, half-yearly or annual interest payouts.
Periodic earnings can help you to meet your daily expenses such as bills, rent, shopping, health care, insurance premiums, paying assistants, and so on.
If you’re looking for a monthly interest payout of Rs. 15,000, here’s how you should plan your fixed deposit investments.


However, if you’re looking for payouts at maturity, choose cumulative fixed deposits. Here, the interest is compounded annually and paid along with principal at maturity.
Cumulative earnings can help you prepare for any critical life situations including health emergency, home renovation, vacation, and others.

Tenor

Bajaj Finance offers a flexible tenor of 12 to 60 months. Staying invested for longer months, gives you more yield.

Check out some more benefits of opting for Bajaj Finance Fixed Deposits.

Features of Bajaj Finance FDs For Senior Citizens

You can get fixed deposits at one of the highest rates of interest in India, along with several different benefits, such as:

Minimum Deposit of Rs. 25,000

Bajaj Finance enables you to start investing in fixed deposits, with just Rs. 25,000

Safe Investment Instrument

When investing in their FDs, you need not worry about the safety of your funds, as Bajaj Finance Fixed Deposits have ICRA’s MAAA (stable) rating, and CRISIL’s FAAA/Stable rating.

Features of Bajaj Finance FDs For Senior Citizens

You can get fixed deposits at one of the highest rates of interest in India, along with several different benefits, such as:

Minimum Deposit of Rs. 25,000

Bajaj Finance enables you to start investing in fixed deposits, with just Rs. 25,000

Safe Investment Instrument

When investing in their FDs, you need not worry about the safety of your funds, as Bajaj Finance Fixed Deposits have ICRA’s MAAA (stable) rating, and CRISIL’s FAAA/Stable rating.

Payout Options

You can always look for periodic payouts, by investing in non-cumulative fixed deposits. Here, interest is paid out at different intervals. You can receive monthly, quarterly, half-yearly or annual interest payouts.
Periodic earnings can help you to meet your daily expenses such as bills, rent, shopping, health care, insurance premiums, paying assistants, and so on.
If you’re looking for a monthly interest payout of Rs. 15,000, here’s how you should plan your fixed deposit investments.

However, if you’re looking for payouts at maturity, choose cumulative fixed deposits. Here, the interest is compounded annually and paid along with principal at maturity.
Cumulative earnings can help you prepare for any critical life situations including health emergency, home renovation, vacation, and others.

Tenor

Bajaj Finance offers a flexible tenor of 12 to 60 months. Staying invested for longer months, gives you more yield.

Benefits of Bajaj Finance Fixed Deposit for Senior Citizens

Online Calculator

You can calculate the returns that you will receive with the help of the online Bajaj Finance Fixed Deposit calculator. It is easy to use.


 

To use the calculator, you need to choose:
1. Customer type
2. Deposit option - cumulative or non-cumulative
3. Payment frequency
4. Investment amount
5. Tenor
You do not have to remember the interest rate, as it gets automatically reflected when you choose the other criteria.
If you’re looking to change or monitor your FD investments, you need not visit the Bajaj Finance branch physically. All you need to do is, to leverage online account access to manage your FDs easily.
Bajaj Finance not only provides additional FD interest rate to senior citizens, but also convenience of flexible payouts, and FD management.

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