If you have a short-term financial goal to fulfil saving and setting aside the savings in a stable investment tool is a wise way of getting things done seamlessly. To accomplish this task, you should consider investing in tools that keep your capital safe and facilitate the growth of your money. Fixed-income instruments like the good old Fixed Deposit are sound investment tools that can help you in achieving these short-term goals. Bajaj Finance offers one of the highest FD rates amongst NBFCs that provide the FD facility. Fixed deposits offered by Bajaj Finance are smart investment options in the long run as well as for short-term investments.
Say an individual is planning to get married in 2 years which will require a substantial amount of money. Instead of just saving surplus in a savings or RD account they can go for an FD for 2 years. With decent 2 year FD interest rates, they can earn a substantial amount over and above the initial deposit amount. This will keep the corpus safe and help them grow their savings at the best FD rates for 2 years, i.e. a significantly higher rate than savings accounts.
If you are someone who’s also anticipating a milestone in life which might require a free flow of cash then planning to invest in a Bajaj Finance Fixed Deposit will help you achieve it effortlessly. Bajaj Finance offers one of the highest FD interest rates for 2 years.
Bajaj Finance FD offers fixed deposit interest rates up to 8.60% p.a. for non-senior citizens. Senior citizens can earn up to 8.85% p.a. as they get an additional rate benefit of up to 0.40% p.a. on their deposits. The interest rates applicable on deposits made up to Rs. 3 crore are given below.
