This Independence Day, make your parent financial independent with Bajaj Finance FD

Image
ANI Pune [India]
Last Updated : Aug 14 2018 | 6:20 PM IST

Marking the joyous occasions of Independence Day, Bajaj Finance Ltd., the lending arm of Bajaj Finserv, is offering high interest yielding fixed deposits for senior citizens that offer consistent returns and secures the money from market fluctuations.

Bajaj Finance Ltd offers one the highest senior citizen FD interest rates in the market, going up to 8.60% with an additional 0.35% for senior citizens. Bajaj Finance Fixed Deposits can be opened with amounts starting from Rs. 25,000/- and customers can opt for a flexible tenor, ranging from 12 months to 60 months, depending on the financial requirements.

Bajaj Finance Fixed Deposit is ranked high on stability and safety by leading credit rating agencies like ICRA and CRISIL, assuring customers of timely payment of their interest income and principal on a periodic basis. Fixed deposits from Bajaj Finance offer excellent liquidity as investors need not break the fixed deposits for their immediate financial requirements with loans against fixed deposits available at minimal interest rates. Cumulative and non-cumulative payout options offer the Independence of fixed monthly income or a lump sum payment, according to one's financial requirements.

Moreover, there is no need for senior citizens to travel to the branch office every time there is need for any action related to the fixed deposit, whether opening a new instrument or closing an existing instrument.

With online account management through the Experia portal, customers can exercise complete control over their fixed deposit account and take any action that is required. With online FD calculator, customers can compute the exact returns before making an investment, thereby making it convenient to plan their long term financial goals.

Bajaj Finance Fixed Deposits offers an excellent option for senior citizens to plan their financials efficiently, to enjoy the safety net of a substantial corpus to lead a peaceful and prosperous retired life.

Want to invest in Senior Citizen FD but still has any confusion? Check Bajaj Finserv Customer Portal or directly call Bajaj Finserv Customer Care.

Disclaimer: No Business Standard Journalist was involved in creation of this content

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Aug 14 2018 | 6:20 PM IST

Next Story