A fixed deposit has the lowest risk in the portfolio of investment. Money is invested in a fixed deposit with a lock in period and interest is given either at the end of the maturity date or as a regular payout.
A smart way to grow your money is to invest your money. Investment can be done in various instruments including equity shares, Mutual Funds, Provident Fund, gold ETF and more.
For stable returns over time, investors should look for investing in Fixed Deposits.
A fixed deposit is an investment to grow your savings and earn a higher rate of return than a regular savings account. It is offered by banks and NBFCs (Non Banking Financial Companies).
Bajaj Finance offers lucrative opportunities for investment in Fixed Deposit and Bajaj Finance Fixed Deposit is a proven solution for falling FD rates. Apart from offering high returns, Bajaj Finance Fixed Deposit offers a flexible tenor, lets you choose your interest payment mode, avail tax benefits and easy access to loan and lets you enjoy high credibility and stability. Customers also get an extra interest of 0.25% on renewing the Fixed Deposit. Senior citizens also get an extra interest of 0.25% as an additional benefit.
When you invest in Bajaj Finance Fixed Deposit, you can maximize your return by choosing a long tenor,applying for additional rate benefits if you are a senior citizen, applying for renewal once the FD is matured to gain benefits of additional rates and choose payout at maturity.
Investing in Bajaj Finance fixed deposit is an easy task and requires simple steps to be followed:
Firstly, visit the Bajaj Finance online FD form. You will be required to fill the form by entering your mobile number, date of birth and pincode. It is used to verify your mobile number.
ONce registration and verification is complete we move on to the second step. If you are an existing customer, you should enter your nominee details to continue. If you are a new customer, complete your KYC by providing PAN or Aadhar or by simply uploading the documents.
Next, you have to fill in your personal details and then investment details that include the amount you want to deposit, tenor and interest payout type and bank account details.
After filling up all the details you come down to the final step for making the payment. To pay, you can choose the option of net banking or UPI. But, for investment above Rs. 1,00,000, only a net banking option is available.
Once you have successfully paid, your deposit will be booked and you will receive an acknowledgement via email and SMS within 15 minutes.
A particularly important point to note here is that on the day of maturity, your maturity amount will be directly credited into your bank account as per the details that have been shared by you.
It is very simple to invest in Bajaj Finance Fixed Deposit and is possible with a few steps. Start investing in Bajaj Finance Fixed Deposit to multiply your savings easily and gain more from your investments.