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Beat inflation with up to 7.05% FD interest rates offered by Bajaj Finance

Make a smart choice with Bajaj Finance online FD and grow your savings in a safe and secure instrument

December 05, 2021 / 11:17 AM IST

The harsh economic conditions of the past year have made inflation quite an intense issue to deal with. In June 2021, retail inflation stood at 6.26%, but it has, thankfully it has eased down to 4.48% in October. While this is undoubtedly a sliver of good news, it is a time to stay ahead of the game for your financial health. And while equity-linked options and cryptocurrencies bring the promise of quick returns, they come with an equally high risk. Therefore, it is best to diversify your investments in stable and reliable instruments like a fixed deposit. It fetches consistent gains, especially when you choose to invest with the Bajaj Finance Fixed Deposit.

Read on to know more about how to combat market volatility with Bajaj Finance online FD.

Build a corpus with high FD rates

The Bajaj Finance Fixed Deposit offers high FD interest rates to its investors. Investors below 60 years of age get an interest rate of 6.40% on an FD over a tenor of 24-35 months. However, they stand to gain more at 6.80% if they choose a tenor of 36-60 months.

Below is an illustration of the returns you can expect when investing Rs 2 lakh for three years.

Type of investorInterest rateInterest payoutMaturity amount
Below 60 years6.80%Rs 43,641Rs 2,43,641
Senior citizen7.05%Rs 45,356Rs 2,45,356

The results, as mentioned above, were calculated using the online Fixed Deposit Calculator.

Make a smart choice with Bajaj Finance online FD and grow your savings in a safe and secure instrument that enjoys the highest credit ratings from ICRA and CRISIL.

Moneycontrol journalists were not involved in the creation of the article