Bhor, known for its historical significance and expanding industry, offers residents promising opportunities for financial growth. With rising incomes and increased financial awareness, Fixed Deposits (FDs) are an excellent choice for secure savings and achieving your financial goals.
Reasons to consider FD
- Security: FDs backed by reputable institutions offer a high degree of safety for your hard-earned savings.
- Guaranteed returns: FD interest rates are known upfront, ensuring predictable returns and making planning easier.
- Protection against volatility: FDs are not affected by market fluctuations, providing stability in uncertain times.
- Flexible tenures: Choose durations from short-term to long-term, aligning with your financial needs.
- Suitability for everyone: FDs are ideal for risk-averse investors, those saving for specific goals, or retirees seeking a steady income.
Features and benefits of Bajaj Finance Fixed Deposit
- Competitive returns
Earn attractive interest rates up to 8.65% p.a. on your investment, shielding your returns from potential market fluctuations. - Special tenure
Maximise your earnings with enhanced interest rates for select tenures: 18, 22, 33, 42 and 44 months. - Senior citizen benefit
If you are 60 or above, Bajaj Finance offers an additional interest rate of up to 0.40% p.a., making your FD an even more rewarding investment. - Top-tier security
Rest assured knowing your deposit is secure. Bajaj Finance holds the highest credit ratings of [ICRA]AAA(Stable) and CRISIL AAA/STABLE. - Loan against fixed deposit
Bajaj Finance offers loan against your FD without necessitating its closure. You can borrow up to 60% of the deposit amount on non-cumulative FD and up to 75% on cumulative FD.
Documents required to book an FD with Bajaj Finance
- A PAN card
- Any one KYC document such as Aadhaar card, Passport, Driving License, or Voter ID
Conclusion
Fixed Deposits offer Bhor residents an ideal option for building a secure financial future. By understanding your options, choosing carefully, and maximising returns with strategic planning, you can make FDs play a key role in achieving your goals in this dynamic city.