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Invest in a Bajaj Finance online FD to safeguard your family’s future

Invest in a Bajaj Finance online FD to safeguard your family’s future

Financial planning is essential for creating a safety net of emergency funds for your family. And it becomes all the more critical given the ever-increasing cost of living. Experts advise starting your savings and investment journey early to buy you more time and ensure you accrue higher returns from your investments. Investing in stable financial instruments is ideal when creating a corpus is your aim. Several banks and non-banking financial companies offer a plethora of investment avenues. Choosing the right option can get a bit confusing. Given the current volatile economic scenario, prioritising the stability of returns should be your top priority. With Bajaj Finance online FD, you can reap stable returns without risking your investments. Read on to know how a fixed deposit can protect your savings and secure your family’s future. Get fixed returns and attractive yields Instruments like the Bajaj Finance Fixed Deposit offer generous returns on maturity. Citizens below 60 can earn up to 6.80%, and senior citizens stand to gain up to 7.05% on their deposits. Below is a table with earnings forecasted for different tenors over an investment of ₹2 lakh. As the table suggests, investing in a Bajaj Finance online FD enables you to earn substantial returns at maturity. Thus, one can look at attractive FD rates with deposit safety, thereby making Bajaj Finance online FD a preferred investment tool for individuals looking to grow their savings for their families. Enjoy the promise of timely wholesome returns Bajaj Finance promises investment safety, courtesy of an environment deemed stable by the CRISIL FAAA and ICRA MAAA ratings. These ratings are the highest in their respective categories and point to timely interest and principal payouts at the end of the tenor. By picking the right tenor with the FD calculator, households can plan for their goals. Use the Systematic Deposit plan for ease of investment Households wary of parking a chunk of their savings in an FD can make small monthly contributions of Rs. 5,000 or more via a Systematic Deposit Plan (SDP). In an SDP, each instalment creates a new FD. One can have between 6 and 48 deposits booked at the prevailing interest rate and stop making contributions in case of a lack of funds. This SIP-like route avoids market-related risks and gives families a way to funnel extra cash to FDs and earn liquidity from them in a staggered manner. Amid the current market uncertainty, families can grow their FD investments and get their idle funds to earn substantial returns. To get started, customers can book a Bajaj Finance online FD today. Download.

brand-post 2021-12-18 Livemint