For those looking at that little extra from fixed deposits, Bajaj Finserv offers that, along with high safety. Here are 5 reasons why the Bajaj Finserv Fixed Deposit is a great investment opportunity.
Higher interest rates among AAA rates companies
At 9.75 per cent for a cumulative deposit, Bajaj Finserv's interest rates are the highest among AAA rated companies. Considering that interest rate on banks deposit rates are much lower, there is a scope for enhanced earnings.
Ease in tracking
You can access your fixed deposit details online through the Customer Portal - Experia. This will help you view your fixed deposit expiry details, maturity amount etc.
Bajaj Finserv Fixed Deposits come with an EMI Card that is offered against deposits of Rs. 50,000, at the time of deposit origination. This card comes with a pre-approved loan amount to buy a consumer durable and lifestyle products on EMIs with no additional documentation.
The deposits are rated AAA, which means they come with the highest safety in terms of timely interest payment and principal, since company fixed deposits are not secure deposits.
Ability for auto credit
There is an auto credit of the maturity amount of the deposit.