Invest in a Bajaj Finance online FD to protect your family’s future
Financial planning is essential in creating a safety net of emergency funds for your family. And this becomes all the more critical as the cost of living continues to rise. Experts advise starting your savings and investing journey early to save you more time and ensure you get higher returns from your investments.
Investing in stable financial instruments is ideal when building a corpus is your goal. Several banks and non-bank financial companies offer a multitude of investment possibilities. Choosing the right option can get a bit confusing. Given the current volatile economic scenario, prioritizing stable returns should be your top priority. With Bajaj Finance Online FD, you can get stable returns without risking your investments.
Read on to find out how a fixed deposit can protect your savings and secure your family’s future.
Get fixed returns and attractive returns
Instruments like Bajaj Finance Fixed deposit offer generous returns at maturity. Citizens under 60 can earn up to 6.80% and senior citizens can earn up to 7.05% on their deposits. Below is a table of expected benefits for different tenors on an investment of ??2 lakh.
As the table suggests, investing in an online FD from Bajaj Finance allows you to generate substantial returns at maturity. So one can look attractive FD rate with deposit security, making Bajaj Finance Online FD a preferred investment tool for individuals looking to grow their savings for their families.
Take advantage of the promise of healthy, timely returns
Bajaj Finance promises investment security, thanks to an environment deemed stable by the CRISIL FAAA and ICRA MAAA ratings. These ratings are the highest in their respective categories and indicate timely interest and principal payments at the end of the term. By choosing the right tenor with the FD calculator, households can plan their goals.
Use the systematic deposit plan to facilitate investment
Households who are reluctant to park part of their savings in a FD can make small monthly contributions of Rs. 5,000 or more through a systematic deposit plan (SDP). In an SDP, each payment creates a new FD. You can have between 6 and 48 deposits registered at the prevailing interest rate and stop making contributions in the event of a lack of funds. This SIP-type channel avoids market risks and gives families a means of channeling additional liquidity to DFs and drawing liquidity from them in a phased manner.
Amid the current market uncertainty, families can increase their FD investments and get their unused funds to generate substantial returns. To get started, customers can book a Bajaj Finance FD online today.
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