Bajaj Finance Launches Online Fixed Deposit for New Customers
PUNE, India, June 22, 2020 /PRNewswire/ -- Bajaj Finance Limited, the lending & investment arm of Bajaj Finserv and one of the most diversified NBFCs in the Indian market, has now launched online Fixed Deposit facility for customers. Using this convenience, new and existing customers can invest in Bajaj Finance FD from the comfort of their homes.
Servicing more than 2.5 lakh happy FD customers with a deposit book of more than 20,000 crores, Bajaj Finance Fixed Deposit is a preferred investment option, owing to its assurance of lucrative returns.
Despite recent repo rate cuts and reduction in interest rates, Bajaj Finance is offering lucrative FD interest rates of up to 7.85%, which are one of the highest in the market. These high returns don't come at the cost of stability or convenience, as deposits by Bajaj Finance are accredited with the highest ratings of FAAA by CRISIL and MAAA by ICRA. Along with these high ratings, Bajaj Finance is also one of the only NBFCs to have '0 unclaimed deposits' - which indicates the measures taken by this company to ensure safety of depositors' money.
Benefits of availing online FD facility
In today's times of high market volatility and falling interest rate regime, customers can lock into the prevailing high FD interest rates by filling Bajaj Finance online FD form and reap these benefits:
- Quick online process: When investing in this online FD, investors need not worry about visiting Bajaj Finance branches, as this end-to-end online process enables them to book an FD immediately, without any hassle.
- Easy online and paperless process: With this online FD facility, customers can carry out the entire process online, from start to finish. This saves them the trouble of multiple visits to branches or the need to submit documentation. While existing FD customers need not even submit their documents again, new customers can verify themselves through the cKYC repository, and complete the documentation process without any hassle.
- Invest anytime, anywhere: Bajaj Finance online FD facility also enables investors to invest from any device with an internet connection. This offers them with the flexibility to invest in a Fixed Deposit from their office desk, or from their homes.
Apart from the convenience of investing online through a paperless process, investors can choose to auto-renew their deposits and reap the benefits of multi-deposit facility or avail a Loan against Fixed Deposit. Amid falling interest rates and increasing market volatilities, it is best to lock into this Fixed Deposit offering one of the best FD interest rates.
Additionally, for those looking to determine their returns online, Bajaj Finance FD interest calculator can be a great way to determine maturity amount, interest payouts and maturity date before they invest.
About Bajaj Finance Limited
Bajaj Finance Limited, the lending company of Bajaj Finserv group, is one of the most diversified NBFCs in the Indian market catering to more than 40 million customers across the country. Headquartered in Pune, the company's product offering includes Consumer Durable Loans, Lifestyle Finance, Lifecare Finance, Digital Product Finance, Personal Loans, Loan against Property, Small Business Loans, Home loans, Credit Cards, Two-wheeler and Three-wheeler Loans, Commercial lending/SME Loans, Loan against Securities and Rural Finance which includes Gold Loans and Vehicle Refinancing Loans along with Fixed Deposits. Bajaj Finance Limited prides itself on holding the highest credit rating of FAAA/Stable for any NBFC in the country today. It is also the only NBFC in India with the international 'BBB' with stable outlook for long-term, by S&P Global Rating.
To know more, please visit: https://www.bajajfinserv.in
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