Plan your retirement corpus with Bajaj Finance FD and benefit from high FD rates

Now you can reap the benefit of high FD rates with Bajaj Finance and plan your retirement corpus confidently

Your retirement is the time to indulge in your passions, travel, and live to the fullest. However, planning for this is key to living it. One way to consider building a retirement corpus for tomorrow is to be smart about your investment choices today.

As per the latest SEBI Investor Survey (2015), 95% of Indians invest in bank deposits. The reason for this is safety and secured returns. While it is also vital to invest in mutual funds and equity for high returns, FDs form a critical part of any retirement plan as they allow you to build wealth safely. Since fixed deposits are not linked to the market, they are not subject to risk, making it a suitable investment to build a corpus.

You can reap the benefit of high FD rates with Bajaj Finance and plan your retirement corpus confidently. Here’s how this company deposit offers you both reliable earnings and attractive FD interest rates, making it a must-have in your retirement portfolio.

Get high FD rates up to 6.75% to build wealth for retirement

Bajaj Finance FD offers interest rates up to 6.75% for senior citizens and 6.50% for others. These attractive FD interest rates are higher than those offered by bank deposits, making this FD an ideal choice to grow your savings in a safe environment. With a minimum deposit of just Rs. 25,000, you can invest carefree for your golden years, knowing that this investment offers secure and timely payouts.

You can estimate your savings by using the Bajaj Finance FD calculator. This makes it easy to plan for your retirement, allowing you to forecast your earnings even before you invest. Here’s a look at what you can earn when you invest based on your profile in the table below if you invest Rs.4 lakh for 60 months.

As you can see, investing online not allows investors to book a deposit with ease but also rewards you with a 0.10% additional rate benefit.  

Highest security and credibility

Apart from high FD rates, Bajaj Finance also offers the utmost safety. This deposit is awarded CRISIL’s highest FAAA/Stable rating and ICRA’s highest MAAA (stable) rating. This means your investment is safe, and you can expect payouts on time. This is critical to intelligent retirement planning, as it allows you to invest without worrying about market fluctuations.

Make small monthly deposits with a systematic deposit plan

It is best to start investing for retirement at a young age, allowing you to enjoy cumulative interest benefits. However, investing a big-ticket sum is often a challenge. To combat this and give you a chance to invest for the future with ease, you can opt for the SDP offered by Bajaj Finance. This avenue allows you to invest small amounts starting at Rs. 5,000 a month, booking deposits at the prevailing FD interest rates each month. You can choose between the monthly maturity scheme and the single maturity scheme as per your objectives. SDPs can be compared to SIPs, except that, unlike mutual funds, these carry no risk.

Get payouts at regular intervals post-retirement

To manage your expenses after retirement, Bajaj Finance offers you a way to get interest payouts at a frequency of your choosing rather than at maturity. While these offers slightly lower FD interest rates, you can choose between monthly, quarterly, half-yearly and annual interest payouts to serve your needs with ease. This can help you address lifestyle expenses, medical costs, travel bills and more conveniently.

Consider investing in a Bajaj Finance online Fixed Deposit to safeguard your golden years. Visit the website to get started today.

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