Know About the Benefits of FD in India

In comparison with other investment options, Fixed Deposits offer better investment convenience and flexibility. You can invest in an online Fixed Deposit like Bajaj Finance Online FD from the comfort of your home, without having to face the trouble of going through lengthy procedures and visiting the bank. You simply need to enter your intended investment details, verify your documents online and pay via net banking or UPI option.

Plenty of options are available when it comes to tenure where banks offer varying interest rates based on FD tenure. A longer tenure usually provides a higher interest rate. When investing in the Bajaj Finance Fixed Deposit scheme, you can choose the tenor between 12 and 60 months, to suit your financial needs. This can help you with your liquidity needs, and you can also ladder your investments to enjoy a higher cash inflow.

The best thing about opening an FD is the certainty of the payout as well as the payout time. You can use the online FD calculator available at Finserv MARKETS to determine the interest amount that you can earn upon maturity of your Bajaj Finance Fixed Deposit, depending on the duration of the investment that you choose.

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