Bajaj Finance Fixed Deposit offers high FD rates to grow your money

The Indian stock market has been on a roller coaster ride recently. Rising geopolitical tensions and increase in crude oil prices have caused volatility in the stock market. It has led to lower returns from many investments. Therefore, investors have to make intelligent choices to safeguard their funds.

Before you start investing, it is essential to understand the various investment options available today. You can then pick a strategy based on how much you want to support your investment goals, timeline and the risk you are willing to take.

To save your hard-earned money, the best safe investment options available are:

1. Fixed Deposits

Fixed deposit (FD) is one of the safest and most common ways of investing money. It has been the most trusted choice for many people unwilling to risk their savings. Amid market volatilities, investing in fixed deposits offered by leading lenders like Bajaj Finance Limited is one of the best options. It provides steady and assured returns. Bajaj Finance FD has the highest credit quality and credit ratings, making it one of the safest instruments.

Here are some of the critical features of a Bajaj Finance Fixed Deposit:

• Earn Fixed Deposit interest rate up to 7.05% p.a.
• Investment starts with a minimum amount of Rs. 25,000
• Flexible tenors with high-interest FD rates.

For individuals under the age of 60, the below table shows earnings for different tenors.

Bajaj Finance Fixed Deposit offers additional FD rates of up to 0.25% p.a. for senior citizens. The table below shows the gains for different tenors for senior citizen investors.

The Bajaj Finance Fixed Deposit application is entirely online, and one can easily make payments through UPI or net banking. Accredited with the highest safety ratings of FAAA by CRISIL and MAAA by ICRA, Bajaj Finance Limited is a haven for investing your savings.

2. Systematic Deposit Plan

Systematic Deposit Plan or SDP is a unique monthly saving plan that combines the benefits of fixed deposit and the practice of regular savings like a Systematic Investment Plan (SIP). However, unlike a SIP, the SDP is unaffected by market fluctuations. Bajaj Finance Systematic Deposit Programme (SDP) cultivates a healthy investment habit and allows individuals to start their investing journey with as low as Rs. 5000 each month. Better yet, it offers the same benefits of compounding, through which one can gain a great deal if they save consistently for years.

With Bajaj Finance Systematic Deposit Plan:

• Investment starts at just Rs. 5,000
• Get high returns up to 7.05% p.a.
• Additional rate benefits up to 0.25% p.a. are offered to senior citizens

The SDP also allows individuals to choose a flexible payment option. The Single Maturity Scheme enables you to get a lump sum amount at maturity, while the Monthly Maturity Scheme matures on a different date depending on your chosen tenor.

Investing is a helpful way to create wealth for your future. However, sometimes, you might overlook some facts, such as market volatility, that can negatively affect your investments. Thus, the key is to invest in products that fit your risk profile and are less volatile. Fixed deposit and the Systematic Deposit Plan from Bajaj Finance are both great investment options for those who want their savings to grow without the risks associated with market fluctuations.

Start investing in Fixed Deposits by visiting Bajaj Finance Online FD. Existing customers must only verify their details and start their FD, while new customers can verify their details via KYC or OKYC. Choose your deposit amount tenor and make payment net banking or UPI.