Fixed Deposit in Surat

Living in a vibrant city like Surat calls for effective financial planning. A fixed deposit in Surat is a reliable investment option, offering security and steady returns. FDs have remained a preferred choice for residents looking to grow their savings while ensuring capital protection. With attractive interest rates and flexible tenures, they provide a smart way to achieve financial stability.

Benefits of FD in Surat

• Safety and security: FDs in reputable banks and NBFCs (Non-Banking Financial Companies) offer a high degree of security, with your principal amount guaranteed. This provides peace of mind, especially for risk-averse investors.
• Competitive interest rates: Surat boasts a range of banks and NBFCs offering competitive FD interest rates. By comparing options, you can potentially earn attractive returns on your investment.
• Flexible tenure options: FD come with various tenure options, ranging from a few months to several years. This allows you to tailor your investment to your financial goals, whether it's a short-term need or a long-term retirement plan.
• Regular income option: You can choose FD with periodic interest payouts to generate a steady stream of income. This can be helpful for meeting regular expenses or supplementing your retirement income.

1. Stability and security

FD offer a safe haven for investors, providing assurance that their hard-earned money is protected from market fluctuations and economic uncertainties. Whether saving for a rainy day or planning for future expenses, FD provide peace of mind and financial stability.

2. Assured returns

Fixed deposits offer guaranteed returns, making them particularly appealing for individuals seeking a predictable source of income. In Surat, where many residents rely on steady streams of income to meet their financial needs, FDs serve as a reliable investment avenue. The assurance of fixed returns enables investors to plan their finances effectively and achieve their long-term objectives.

3. Flexibility and convenience

Fixed deposit come with a range of flexible options, allowing investors to tailor their investments to suit their specific requirements. From choosing the deposit amount and tenure to selecting the frequency of interest payouts, FD offer features that cater to diverse investor preferences. Moreover, many financial institutions provide convenient online banking services, allowing investors to manage their FD with ease from the comfort of their homes.

1. Attractive returns

Maximise your savings with Bajaj Finance Fixed Deposit, offering impressive returns of up to 7.95% p.a. Enjoy competitive interest rates that shield your investments from market fluctuations, ensuring steady and secure growth. Ready to elevate your financial future? Open Your FD Now.

2. Senior citizen advantage

If you are 60 years or older, you can earn an extra interest rate of up to 0.55% p.a. on senior citizen FD rates, ensuring a stable and rewarding retirement income.

3. Highest credit ratings

With top ratings of [ICRA]AAA(Stable) and CRISIL AAA/STABLE, Bajaj Finance assures a high level of security for depositor's funds.

4. Loan against fixed deposit

Instead of prematurely withdrawing your FD, Bajaj Finance provides the opportunity to obtain a loan against it. You can borrow up to 60% of the value of non-cumulative FDs or up to 75% of cumulative FDs, allowing you to preserve your investment while meeting your financial requirements

• Nationality: Resident Indians/ Non-Resident Indians (NRIs).
• Investor type: Individuals, senior citizens, minors, sole proprietorships, partnership firms, HUFs (Hindu Undivided Families), clubs, associations, societies, and family trusts.

Documents required

• PAN card and any KYC document: Aadhaar card/ Passport/ Driving license/ Voter ID 

Conclusion

Fixed deposits offer a secure and reliable way to grow your money. By understanding the benefits, types of FDs available you can make informed investment decisions that align with your financial goals and risk tolerance. Remember to compare interest rates offered by different institutions and choose an FD that best suits your requirements. With careful planning and the, you can build a secure financial future in Surat.