Haryana, a state known for its vibrant economy and growing industries, is also witnessing a rising interest in secure investment avenues. Among the various financial instruments available, fixed deposits (FDs) have consistently emerged as a popular choice for individuals seeking stability, guaranteed returns, and peace of mind. If you're looking to park your savings in a safe and secure investment in Haryana, fixed deposits are worth serious consideration.
Why choose fixed deposit?
- Guaranteed returns: FD come with a predetermined interest rate that remains unchanged for the entire investment tenure. This means you know exactly how much you will earn upon maturity, regardless of market volatility. This predictability provides a sense of financial security that many investors value.
- Safety and low risk: FD are considered one of the safest investment options, especially when offered by reputable banks and financial institutions in Haryana. Your principal amount is protected, and you receive a guaranteed return upon maturity. This makes them ideal for risk-averse investors or those who prioritise capital preservation.
- Flexibility in tenure options: Financial institution offer a wide range of FD tenures, from short-term deposit (a few days) to long-term investments (several years). This flexibility allows you to tailor your investment based on your financial goals.
Features and benefits of Bajaj Finance Fixed Deposit
1. Attractive returns up to 8.65% p.a.
Bajaj Finance offers fixed deposit interest rates up to 8.40% p.a. for customers below 60 years of age, and up to 8.65% p.a. for senior citizens. These competitive rates provide an opportunity for stable investment growth, regardless of market fluctuations.
2. Enhanced returns with special tenures
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.
3. Highest credit ratings
Bajaj Finance fixed deposit carry the highest credit ratings of [ICRA]AAA(Stable) and CRISIL AAA/STABLE. These ratings signify the institution's robust financial stability and underscore its unwavering commitment to safeguarding your deposits.
4. Loan against fixed deposit
Bajaj Finance understands that unexpected financial needs may arise. To cater to such situations, they offer loan against your fixed deposit. This can help you to access funds without having to prematurely break your investment. Loan amounts can go up to 60% of the deposit for non-cumulative FD and up to 75% for cumulative FD, providing a flexible financial safety net while your investment continues to grow.