4 min
5-May-2024
For residents of Bahadurgarh seeking reliable and safe investment options, fixed deposits (FDs) offer a compelling solution. FDs provide guaranteed returns and protection of your principal, making them ideal for achieving your financial goals, whether it is short-term saving for a down payment or long-term planning for retirement. With FDs, you can grow your savings while ensuring financial stability for the future.
Understanding fixed deposit
A fixed deposit lets you deposit a lump sum for a set period at a fixed interest rate with a financial institution. Your returns are determined upfront, offering predictability and peace of mind. Unlike market-linked investments, FDs are not affected by fluctuations, making them a safe place for your hard-earned savings.
Features and benefits of Bajaj Finance Fixed Deposit
- Attractive returns up to 8.65% p.a.
Bajaj Finance offers one of the most competitive interest rates in the market, ensuring high returns on your investment unaffected by market fluctuations. - Higher FD rates on special tenures
Bajaj Finance offer higher interest rates on special tenure of 18, 22, 33, 42 and 44 months, designed to maximise your earnings. - Higher FD rates for senior citizens
Senior citizens (aged 60 years and above) benefit from an additional interest rate of up to 0.40% p.a. This makes Bajaj Finance FD an even better investment option for retirees. - Highest credit ratings
With top-tier ratings like [ICRA]AAA(Stable) and CRISIL AAA/STABLE. Bajaj Finance ensures the utmost security for your deposits, safeguarding your investment. - Loan against fixed deposit
Bajaj Finance allows you to borrow against your FD without having to break it. Borrow up to 60% of the deposit amount on non-cumulative FD, and up to 75% on cumulative FD.
Eligibility criteria for investing in Bajaj Finance FD
- Nationality: Resident Indians and Non-Resident Indians (NRI) are eligible to apply.
- Investor type: Individuals, senior citizens, minors, sole proprietorships, partnership firms, HUFs (Hindu Undivided Families), clubs, associations, societies, and family trusts.
Documents required
- PAN card
- One of the following KYC documents:
- Aadhaar card
- Passport
- Driving license
- Voter ID
