Choosing the right savings option is key to building financial stability. While both Fixed Deposits (FDs) and Public Provident Fund (PPF) are low-risk and secure, they serve different purposes. FDs are better suited for short- to medium-term goals with guaranteed returns, whereas PPF is designed for long-term savings with tax benefits.
Bajaj Finance FD offers up to 7.30% p.a. returns with flexible tenures, helping you achieve your financial goals faster. Check eligibility to invest!
What is Fixed Deposit?
A Fixed Deposit (FD) is a secure investment option offered by banks and financial institutions. You deposit a lump sum for a fixed tenure and earn interest at a predetermined rate. Premature withdrawals are possible but may attract a small penalty.
Key features of Bajaj Finance FD:
- Interest rate: Up to 7.30% p.a.
- Minimum deposit: Rs. 15,000
- Tenure: 12 to 60 months
- Senior citizens get up to 0.35% higher returns
- End-to-end digital process for quick booking
With Bajaj Finance FD, you can start small and grow your money steadily—perfect for both first-time savers and experienced investors. Open FD account.
Also Read: Types of Fixed Deposit