How to get maximum returns by investing in Bajaj Finance Fixed Deposit?

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Interest in maximizing your returns from your fixed deposit in Bajaj Finance? Here are some ways you can do this.

Tags: fixed deposit in bajaj finance, bajaj finance fixed deposit, fd bajaj finance


The goal of any investment is to ensure you get good returns thereon, without losing your capital, isn’t it? So, a fixed deposit is no different. Speaking of FDs, the Bajaj Finance fixed deposit is among the safest investment options available in the market. 

But how do you make sure you get the maximum returns possible from your FD in Bajaj Finance? Here are some ways you can do this.

  1. Opt for the right tenure of investment

You can choose from different investment tenures before you invest in a Bajaj Finance fixed deposit. The tenure choices range from 12 months to 60 months. The longer your investment tenure, the higher your returns. So, one way to maximize your returns is to opt for long-term investment tenures.

For instance, here’s how the rate of interest varies according to the tenure, for a Bajaj Finance fixed deposit.

Investment tenureInterest
1 year5.65%
2 years6.10%
3 years6.50%
4 years6.50%
5 years6.50%

*Senior Citizens get an additional 0.25% on a Bajaj Finance FD

See how the rate of interest goes up as you stay invested for longer?

  1. Choose the right option with regard to interest 

You can choose to receive the interest from your FD in Bajaj Finance as periodical payouts. Or, you can choose to reinvest the amount in your FD. That way, you will get the cumulative amount at maturity. This can help maximize the overall returns from your FD. So, to make use of the power of compounding, you can choose to reinvest your interest if you do not need periodic payouts.

  1. Increase your investment amount if possible

This is another easy way to increase your returns. The more you invest, the higher your returns will be. So, if you ever receive a huge bonus, or if you receive an inheritance, you could consider investing that lump sum amount in a fixed deposit in Bajaj Finance. That way, you will earn more on your increased investments.

  1. Ensure you invest early – and remain invested for the long-term

Lastly, as you saw, the longer you stay invested, the higher your returns. So, to truly stay invested for as long as possible, invest early. When you invest at an early age, you can keep reinvesting your corpus over the long term. That way, your money grows further, since time is on its side.

Conclusion

These ideas can help you maximize the returns on your FD in Bajaj Finance. Being one of the leading financial service providers, Bajaj Finance offers attractive FD interest rates up to 7.25%. This further makes it easier for you to enjoy increased returns on your investment in a fixed deposit in Bajaj Finance.

Wondering how you can invest in a Bajaj Finance FD? Simply visit the Finserv MARKETS website online, and open your fixed deposit through an easy online process. As you know, the earlier you invest, the better your returns will be. 

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