Financial decisions taken during the initial phase of one’s life goes a long way, in determining one’s subsequent financial well-being. Apart from planning on building a corpus for future goals, young adults must also have adequate emergency funds, which can come handy during financial emergencies arising from job loss, prolonged illness or such unforeseen circumstances.
With the prevailing high inflation rates and increasing market volatilities, making the right investment choice could be a challenging task. Fixed deposit is a safer bet, where your returns remain unaffected by the market movements. As one of the most popular investment options, fixed deposit offers guaranteed returns that help you achieve both long and short-term investment goals, with lowest risk. Bajaj Finance online Fixed Deposit offers attractive returns up to 7.25%* on investments.
Why Bajaj Finance online FD is a smart investment option?
Some of the reasons why investing in a fixed deposit would you help you achieve your financial goals and secure your future, are explained below:
Consider that you have invested Rs. 10,00,000 in a Bajaj Finance online FD scheme. To get an idea on how a different tenor affects interest gains and returns please check the below table:
|FD plan||Principal Amount||Tenor||Applicable Rate of Interest||Interest gains||Returns|
|Bajaj Finance FD (Cumulative)||Rs. 10,00,000||2 years||6.6%||Rs. 1,36,356||Rs. 11,36,356|
|Bajaj Finance FD (Cumulative)||Rs. 10,00,000||3 years||7.00%||Rs. 2,25,043||Rs. 12,25,043|
|Bajaj Finance FD (Cumulative)||Rs. 10,00,000||5 years||7.00%||Rs. 8,05,103||Rs. 18,05,103|