You work hard every day, save money, and then think—how can I grow my savings without worrying about market downturns or unseen risks? If such a thought has ever come to your mind, then Bajaj Finance has the answer: FD Max. This is a brand new variant of their fixed deposit, which is perfect for getting maximum returns on small amount investments.
Just imagine – suppose you invest only Rs 25,000 and if you are a senior citizen, you get an annual return of up to 8.85% on this amount, or if you are below 60 years of age, you get an annual return of 8.60%. You get returns, that is, the income you earn depends on your age. This sounds very good, doesn’t it? Let us understand this better and know why FD Max can prove to be the smartest move for your finances this year.
What is FD Max?
FD Max is a high-return fixed deposit designed for investments up to Rs 25,000. It is as stable as a traditional FD and grows your investment with one of the highest interest rates in the market. And what’s the best part? Actually, it is a very easy and low-risk means of investment, which has been designed for those people who want to increase their savings without any kind of hassle.
Why is FD Max so important?
As soon as we hear about investment, the first thoughts that come to our mind are returns, security and convenience. Apart from meeting all these criteria, FD Max is also better in many other ways.
1. Best interest rates in the market
Interest rates make or break any investment, and FD Max understands this very well. The deal is detailed below:
- Senior Citizens: Up to 8.85% per annum
- Citizens under 60 years of age: Up to 8.60% per annum
Let us understand this through an example. On most savings accounts you get very low interest (about 3% to 7%). FD Max? This makes your Rs 25,000 work overtime for you.
2. Flexible time frame
Whether you plan everything in advance, or you like to work as per your needs, FD Max is for you. You can choose a tenure ranging from 12 months to 60 months. If you want to get quick returns, choose a shorter time frame. If you want to increase your savings in the long run, then choose a 5 year plan. The decision is in your hands.
3. Pay-out options to suit your needs
The reason for investment is different for every person. Some people want regular income; While some people want to get a huge amount in the end. FD Max Offers you several options to get the interest amount:
- monthly
- quarter
- half year
- annual
- on maturity
4. safe
Let’s know the truth: Bajaj Finance FDs are rated AAA by CRISIL and ICRA. What does it mean to you? This means that your money is safer than a dragon guarding a treasure. Whatever be the condition of the economy, your investment amount is completely safe and you are assured of returns.
How FD Max best suits your financial goals
1. Helpful in starting the investment journey
If you are new to investing, then FD Max is the easiest option for you. You can get maximum returns by investing even a small amount of Rs 15,000, and you do not need to invest all your money in one place.
2. Emergency Fund
In the present times, no compromise can be made in the matter of emergency fund. FD Max helps you build an emergency fund with guaranteed returns and flexible tenure options. This is an excellent means of economic security, which keeps progressing silently.
3. Retirement
If you are a senior citizen, this is for you. With an interest rate of 8.85% per annum, FD Max becomes your most reliable source of income. Choose to get paid on a monthly or quarterly basis and forget the worries and enjoy the good days of your life.
4. Short-term goals, long-term benefits
Are you saving money to go on vacation? Want to buy a new gadget? FD Max lets you save for a short period of time. This way, you can save now and enjoy it later. Additionally, you also get the benefit of better returns compared to other options with less risk.
Why is FD Max important?
Let us consider again, why FD Max is the best fit for every rupee you invest:
- Maximum Returns: Up to 8.85% per annum
- Convenience: Choose the time frame and payout method as per your convenience
- Security: Peace of mind with AAA rated security
- Convenience: Completely online process – quick, easy and hassle-free
To estimate the returns you will get on your investment Bajaj Finance FD Calculator Can use.
conclusion
In a world full of different investment options, FD Max from Bajaj Finance stands out as a winner. It is a unique combination of the stability of a traditional FD and the excitement of maximum returns, all available in a user-friendly package. Whether you’re saving for a big purchase, building an emergency fund, or planning for retirement, FD Max has something for everyone. So, what are you waiting for? Visit Bajaj Finserv website or app today and take the first step towards your financial progress with FD Max.
Disclaimer:
(This article is a paid feature. ABP and/or ABP LIVE do not endorse/ subscribe to the views expressed herein. We shall not be in any manner be responsible and/or liable in any manner whatsoever to all that is stated in the said Article and/or also with regard to the views, opinions, declarations, affirmations, etc., stated/featured in the said Article Accordingly, viewer discretion is strictly advised.
