You are here: Home » News-ANI » Business
Business Standard

Bajaj Finance Ltd offers highest interest rate

ANI  |  New Delhi [India] 

Senior citizen planning to invest in safe financial instrument can earn higher return for smaller amount through Bajaj Ltd's Bajaj Ltd, India's leading non-bank, is offering an attractive 8.10 percent on fixed to senior citizens.

Bajaj Ltd's has one of the highest approval ratings in the market, which means safety and reliability for every investor.

In order to protect senior citizens from decline in interest rates, recently had announced a fixed eight percent returns on 10 year of up to Rs. 7.5 lakh. Following the same principal, Bajaj Ltd is offering a higher rate of interest for senior citizens for an amount as low as Rs. 25000.

The Indian Fixed market is estimated to be Rs. Rs.110,00,000 crore of which the corporates FDs is approximately 50 percent. Bajaj Ltd's FD CARG witnessed a growth of 137 percent in last three years. FD asset under management stood at Rs. 5521 crore as on August 31 2017.

Customer can access a wide network of Bajaj with a presence in 200+ cities to invest in this Bajaj Finance's FD, awarded with rating from CRISIL, ICRA, CARE and Ratings, are available in various tenors from 12 to 60 months according to the customer needs.

Key features of Bajaj Ltd's FD

1. Stable Returns

A guarantees a fixed, pre-decided rate of interest on your investment, which is credited to your account at the end of the tenure.

2. Check your returns

While it's important to have safe investments but one should also know the returns that will be receive at the end of the tenure. Bajaj Ltd., through its Calculator, assists the applicant to calculate the returns that will received at the end of the tenure.

3. No Approvals

Unlike high-risk investments that have to go through one or multiple rounds of approvals, don't need anybody to sign off.

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Mon, September 11 2017. 19:22 IST
RECOMMENDED FOR YOU
RECOMMENDED FOR YOU