In today’s digital world, managing finances is more convenient than ever with specialized apps. One such tool is the Fixed Deposit (FD) app designed for handling investments like a Rs. 60,000 FD. This guide will explore the features, benefits, and usage of the FD app, demonstrating how it simplifies financial management.

A fixed deposit is instrumental when you are looking to grow your savings. Suppose you have a certain amount saved in your savings account. It will earn very little interest if left untouched. However, a fixed deposit app, like the Bajaj Finserv App, can help you swiftly open and manage a Bajaj Finance Digital FD and earn higher interest rates.

Let us look at various other reasons for using a fixed deposit app:

• Ease of use
  The Bajaj Finserv App has a clean, easy-to-navigate user interface and requires no expertise to get started. If you are looking to invest Rs. 60,000, download the Bajaj Finserv App, follow simple instructions, and upgrade your savings.
• Multitude of options
  With an FD, you get to decide on the principal amount, the duration of investment, and interest payout options. Besides this, there are several FD types available for you to choose from. For instance, let us assume you want to open an FD and are looking for a fixed deposit app. Even with the predetermined amount to invest, you can choose to invest for a short duration (like a year) or a longer duration and decide if you want the interest payout every month, quarter, or year.
• Track your investment
  The Bajaj Finserv App can help you monitor your money no matter where you are. With a few taps on your phone, you can view your exact investment amount, maturity, and earned interest.
• Safety and security
  FD apps like the Bajaj Finserv App rely on robust encryption to secure financial transactions. These applications employ stringent security and safety measures to safeguard user information and prevent unauthorised access.

How to download the Bajaj Finserv App through the Google Play Store

Let us assume you want to invest Rs. 60,000 through a fixed deposit app. The first step is to download the application by following the steps given below if you are an Android phone user:

• Open the Google Play Store on your phone, tap the search option, and input ‘Bajaj Finserv App’.
• From the search results, locate the Bajaj Finserv Loans, UPI & FD app.
• Install this application.
• Once it is installed, open the app from your home screen to get started.

How to download the Bajaj Finserv App on the App Store

If you are using an Apple device, you can follow the below-mentioned instructions to get started:

• Access the App Store and search for ‘Bajaj Finserv App’. The search option is at the bottom right.
• Locate the ‘Bajaj Finserv: UPI, Loan, FD, MF’ app
• Choose ‘Get’ under the name of the app and then ‘Install’. For installing a new app, you may have to provide Face ID access or input the Apple ID credentials.
• Open the app from the home screen to get started.

Features of the Bajaj Finserv FD app

If you are looking to invest a sum of Rs. 60,000 through a fixed deposit app, the Bajaj Finserv App can help you conveniently invest and manage your funds, offering flexible tenure and payouts, interest rates up to 8.60% p.a., and swift processing. Here are some of its features:

• Booking the FD
  With the Bajaj Finserv App, you can easily book your Bajaj Finance FD in a few minutes. The process is simple and fully digital, and you have the freedom to choose your deposit, maturity, payouts, and more.
• In-app KYC
  You can easily complete the KYC process online from within the app, including document submission.
• Secure payments
  You can easily transfer money to the FD account through any of the options, such as UPI or net banking.
• Monitor investments
  With the Bajaj Finserv App, you get access to a clean dashboard, which reflects information for all FDs and their current status.
• FD calculation
  Let’s say that you are only sure that you want to invest Rs. 60,000 through a fixed deposit app, but you want to explore the different tenures to calculate FD returns. You can use the built-in FD Interest Calculator for this.

Conclusion

For people looking to invest Rs. 60,000 through a fixed deposit app, the Bajaj Finserv App is a great option as it can help you easily open an FD that suits your needs and monitor your savings on the go with a few taps.