Why is Bajaj Finance Fixed Deposits a good choice?
In today’s time, it is extremely important that we start taking financial decisions from an early age and making smart investment decisions. Choosing a good plan, such as Bajaj Finance Fixed Deposits can be your first step towards your investment journey.
Read more:- How To Start Investing: A Beginner’s Guide
Why do you need fixed deposits?
- It helps in providing a sense of security
- It provides interest on your principal amount, thereby helping your wealth grow
- Though it might not guarantee exceptional results, it is safe from the volatility of the market
The recent announcement of interest rates by Bajaj Finance on their fixed deposits has sparked enthusiasm among investors (upto 8.6%). I express my thoughts on this recent development in the thread 👇 pic.twitter.com/OkiIK68Kcq
— Kunal Gangal, CFA (@kgang12345) May 10, 2023
Benefits of Investing in Bajaj Finance Fixed Deposits
- The Bajaj Finance Fixed Deposits offer high interest rate on your investment
- They have a good and credible rating, which means that your money is safe and in good hands
- They offer higher interest rates on tenures of 15, 18, 22, 30, 33, and 44 months. The longer you invest your money, the better the compounding rates are, which helps in wealth generation
- They also have flexible tenor periods and they allow you to choose a plan that suits your needs the best
- You can also opt for periodic payouts where you will receive the interest payouts monthly, quarterly or half-quarterly
- It also offers you the opportunity to take loans against these fixed deposits when in need
Read more:- Are you investing in your employees’ well-being?
A gentle reminder: Bajaj Finance Fixed Deposit rate sits over 8%!
Fixed Deposits may not be the best investment vehicle for long-term wealth creation but I feel they're just fine for an emergency fund.
— Darshan Doshi (@Doshi_Darshan) June 10, 2023
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