Faridkot, a historical city in Punjab, India, offers a range of investment avenues for its residents. One of the most popular options, particularly for those seeking stability and guaranteed returns, is a fixed deposit (FD).
Where to find the good FD rates in Faridkot
- Public sector banks
- Private sector banks
- Small finance banks
- NBFCs
Reputable Non-Banking Financial Companies (NBFCs) like Bajaj Finance offer FD along with convenient online processes.
Features and advantages of Bajaj Finance fixed deposit
- Competitive returns up to 8.85% p.a.: Bajaj Finance provides interest rates as high as up to 8.85% p.a., ensuring your investments grow substantially, regardless of market fluctuations.
- Special rates for selected terms: Bajaj Finance goes beyond standard tenure options, offering select investment periods like 18, 22, 33, 42 and 44 months that come with even higher interest rates. This allows you to tailor your fixed deposit to your financial goals while maximising potential returns.
- Extra rates for senior citizens: Individuals aged 60 and above get an additional interest benefit of up to 0.40% p.a.
- Exceptional safety ratings: Bajaj Finance FD is secured with the highest credit ratings like [ICRA]AAA(Stable) and CRISIL AAA/STABLE, providing unmatched security and peace of mind for your investments.
- Loan against fixed deposit: Bajaj Finance offers loan against fixed deposit (LAFD). You can borrow up to 60% of the deposit amount for non-cumulative FD and up to 75% for cumulative FD. This allows you to access funds without prematurely withdrawing your fixed deposit.