By: ABP Live Focus | Updated at : 17 Nov 2023 02:07 PM (IST)
Bajaj Finance understands the importance of offering rates that not only beat inflation but also provide a cushion against market fluctuations
Markets can be unpredictable, so investing in a stable and lucrative investment avenue becomes paramount and a Bajaj Finance Fixed Deposit is just that, offering high interest with AAA/STABLE ratings.
At the heart of every wise investment decision lies the interest rate, and Bajaj Finance takes the lead with some of the best FD rates in the market (up to 8.60% p.a.). Bajaj Finance understands the importance of offering rates that not only beat inflation but also provide a cushion against market fluctuations, ensuring your money grows steadily over time.
The best FD rates are a result of Bajaj Finance's commitment to aligning with the financial goals of its investors. Whether you are looking for short-term gains or planning for the long haul, the diverse range of tenures and competitive rates cater to a spectrum of investment needs. This flexibility is a testament to Bajaj Finance's dedication to empowering investors with choices that suit their unique financial aspirations.
The Convenience of the FD Calculator
Investing is not just about parking your money; it is about realising the potential of your investment. The FD calculator provided by Bajaj Finance is a powerful tool that allows you to do just that. It brings transparency and clarity to your investment journey, helping you plan your finances more effectively.
The FD calculator just needs 4 inputs:
That’s it! The calculator automatically takes into account interest rates according to the given information.
Here is an example for a better understanding of how the calculator works:
For an investment amount of Rs. 15,000, below is the interest earned and FD maturity amount for customers below 60 years of age.
Period (in months) |
Interest rate (w.e.f 10 May, 2023) |
Interest earned (Rs.) |
Maturity amount (Rs.) |
12 |
7.40% p.a. |
1,110 |
16,110 |
18 |
7.40% p.a. |
1,695 |
16,695 |
33 |
7.75% p.a. |
3,418 |
18,418 |
44 |
8.35% p.a. |
5,128 |
20,128 |
60 |
8.05% p.a. |
7,091 |
22,091 |
For an investment amount of Rs. 15,000, below is the interest earned and maturity amount for senior citizens.
Period (in months) |
Interest rate (w.e.f 10 May, 2023) |
Interest earned (Rs.) |
Maturity amount (Rs.) |
12 |
7.65% |
1,148 |
16,148 |
18 |
7.65% |
1,754 |
16,754 |
33 |
8.00% |
3,536 |
18,536 |
44 |
8.60% |
5,299 |
20,299 |
60 |
8.30% |
7,348 |
22,348 |
This user-friendly calculator eliminates the need for complex financial calculations, empowering you to make informed decisions about your investment. Whether you are planning for a specific goal, such as a home renovation or a dream vacation, or simply want to supplement your monthly income, the FD calculator gives you a clear picture of what to expect.
Why Bajaj Finance Fixed Deposits?
Beyond the numbers and calculators, it is essential to understand why Bajaj Finance Fixed Deposits have gained the trust of investors. The answer lies in a combination of factors that make these fixed deposits a preferred choice.
In conclusion exploring the potential of Bajaj Finance Fixed Deposits goes beyond the promise of the best FD rates; it is about embarking on a journey of financial growth and security. The FD calculator serves as a guiding light, illuminating the path toward realising your financial aspirations. As you consider your investment options, let Bajaj Finance be your partner in achieving not just financial stability, but robust growth that paves the way for a brighter and more prosperous future.
(Disclaimer: This article is a paid feature. ABP and/or ABP LIVE do not endorse/ subscribe to the views expressed herein. We shall not be in any manner be responsible and/or liable in any manner whatsoever to all that is stated in the said Article and/or also with regard to the views, opinions, announcements, declarations, affirmations, etc., stated/featured in the said Article. Accordingly, viewer discretion is strictly advised.)
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