Business

Choose from Multiple FD Partners on Bajaj Markets

Imran Khan Published On: Last Updated On:

Summary

Pune, Maharashtra, India Business Wire India Bajaj Markets, a subsidiary of Bajaj Finserv and an online marketplace, offers various fixed deposit schemes from multiple partners. Investors seeking capital appreciation may choose the Cumulative FD option while those seeking a regular income can […]


Pune, Maharashtra, India

Business Wire India

Bajaj Markets, a subsidiary of Bajaj Finserv and an online marketplace, offers various fixed deposit schemes from multiple partners. Investors seeking capital appreciation may choose the Cumulative FD option while those seeking a regular income can opt to receive periodic interest pay-outs with the Non-cumulative FD option.

Here are the different FD issuers one can choose from on Bajaj Markets
 
Partner Rate of Interest* (p.a.)
Bajaj Finance Up to 8.60%
PNB Housing Finance Up to 8.15%
Mahindra Finance Up to 8.30%
AU Small Finance Bank Up to 8.50%
YES Bank Up to 8.00%
Ujjivan Small Finance Bank Up to 8.75%

*Disclaimer: The above-mentioned interest rates are subject to change at the issuers’ discretion.

One can also utilise the FD calculator to determine their potential returns to efficiently plan their investments based on their long- or short-term goals. Individuals can book a Fixed Deposit from the comfort of their home while enjoying the following benefits
 
  • Auto-renewal facility
  • Tenors ranging from 7 days – 10 years
  • Minimum deposit amount as low as Rs. 1,000
  • Tax deductions u/s 80C of the IT Act, 1961 on tax-saver FDs offered by Banks
  • Option to receive periodic interest pay-outs (monthly, quarterly, half-yearly, annually)
 
Those looking to get started with their savings journey can easily do so by downloading the Bajaj Markets’ app or by visiting the official website. One can also expand their investment portfolio by exploring other investment options such as Mutual Funds, US Stocks, National Pension Scheme (NPS), and more.