new Delhi. After a massive decline of 4.2 per cent in 2020, the world’s GDP in 2021 is like a ray of hope. It is expected to grow by 4.6% during the coming financial year. Therefore, with the start of the new year, we all have a hope of a new beginning, and investors are also looking forward to the markets. The year 2020 taught us that it is most important to deposit money for emergency needs.
There are many options
By investing well in financial instruments such as fixed deposits, your future will be secure, and you will be able to meet your short-term and long-term goals easily. Although there are many options available for investing in today’s market, but after careful consideration you will find that it is prudent to opt for investing in Bajaj Finance online FD. Below is how you can increase your deposits by choosing to invest in Bajaj Finance FD in 2021.
Attractive returns on deposit
Despite the reduction in the repo rate in the year 2020, the interest rates on deposits at all banks and financial institutions have come down, yet Bajaj Finance’s FD interest rates are quite attractive compared to other banks and financiers. If you are under 60 years of age and if you invest in Bajaj Finance FD through offline, then you can avail excellent interest rates of up to 6.60 per cent. However, non-senior citizens investing online in Bajaj Finance Online FDs get an additional 0.10 per cent benefit. In this way, by investing online, you can increase your deposit with assured returns of up to 6.70 per cent.
Option to receive payment at regular intervals
Bajaj Finance Limited also offers its customers the option of receiving payments at regular intervals. This option is very helpful for any emergency, you can also take this option as a regular income option after retirement. You can invest a lump sum for any fixed period of time, and choose to receive interest money at regular intervals as per your convenience.
Income will come in bank account
Periods of regular intervals can be fixed on a monthly, quarterly, half-yearly or yearly basis. After the FD matures, the proceeds from the maturity will be deposited directly into your bank account, and you will have a great experience of getting paid without default, and if you want to know in advance about the money received as payment. , You can do this with the help of Bajaj Finance FD calculator based on your preferred period of regular intervals. It is really a great tool for investors, through which you can get information about the returns that you get before investing.
Confidence of maximum security of deposit capital
Everyone was concerned about the safety of their investments in the year 2020, and it is expected that this concern of investors will continue in the new year as well. But, by investing in the right place in the year 2021, you can overcome this worry and feel relaxed in your mind. The fixed deposit schemes of Bajaj Finance Limited have been given the highest stability rating of MAAA by ICRA and FAAA by CRISIL, thus giving the company the assurance of maximum protection to its investors. Apart from these excellent stability ratings, Bajaj Finance Limited has zero claims-free deposits, which gives them one of the safest instruments of investment among investors.
Save as per your convenience
Investing in fixed deposits is generally considered difficult due to the large amount of deposits and the strictness of the rules related to lock-in periods. You can customize Bajaj Finance FD according to your needs. You can choose to invest a minimum amount of Rs 5000 every month through a systematic deposit plan, or opt for a minimum lump sum investment of Rs 25,000. Apart from this, you can also opt for monthly returns on your deposit (depending on the time period you choose) by opting for the Monthly Maturity Scheme while investing through Stab. Through a single maturity scheme, you are given the facility to receive payments in one go. Therefore, investors in Bajaj Finance FD get guaranteed returns along with security and convenience.
Get rid of paperwork
So what is the delay, you can start investing in Bajaj Finance Online FD by clicking a few buttons in a few minutes. In this, you get rid of the hassle of complicated paperwork as well as standing in long queues and waiting. So to celebrate the New Year with responsibility, invest with Bajaj Finance Limited and increase your corpus for emergency needs.