Want to grow your savings by 51%? Invest Rs.5 lakh for 5 years with this FD

grow your savings

Whether you receive a windfall gain or annual bonus, investing the lump sum is the only way in which you can earn hefty returns to grow your net worth over time. While there are a number of options that promise high returns, they all come with a certain degree of risk. In other words, investing without proper evaluation of your risk appetite can erode your principal. This is especially true in case of market-related options such as shares and mutual funds, whose returns depend on the performance of the market or the underlying assets. As such, a downturn in the market not only reduces your returns but also drains your finances.

Say you have Rs.5 lakh in hand and you wish to grow it further. The only option to safeguard this lump sum and earn steady returns thereon is by investing it in a fixed deposit. While there are a number of issuers of fixed deposits in the country, Bajaj Finance is one of the top players in the country. This is because it offers some of the best FD interest rates of 2019. These highest FD rates of up to 8.95% translate into higher returns. In fact, by investing Rs.5 lakh in a Bajaj Finance Fixed Deposit for 5 years, you can earn up to 51% returns on your investment.

Here are a few numeric examples that will give you insights on the performance of the investment for different customer types and interest rates.

As a new customer when you deposit Rs.5,00,000

Deposit amount (Rs.) Tenor (Yrs) Returns (Rs.) Return (%) Maturity amount (Rs.)
5,00,000 5 2,55,999 51.20 7,55,299

As an existing customer when you deposit Rs.5,00,000

Deposit amount (Rs.) Tenor (Yrs) Returns (Rs.) Return (%) Maturity amount (Rs.)
5,00,000 5 2,64,033 52.80 7,64,023


As a senior citizen when you deposit Rs.5,00,000

Deposit amount (Rs.) Tenor (Yrs.) Returns (Rs.) Return (%) Maturity amount (Rs.)
5,00,000 5 2,67,549 53.51 7,67,549

As you can see from the above examples, with Bajaj Finance Fixed Deposits, you can earn over up to 51% returns on investments in just 5 years without risking your hard-earned money. Apart from the highest FD rates, Bajaj Finance also offers the following features that can help you make the most of your investment.

Highest credibility to park your money in safety

While earning high returns is the primary objective of investing, keeping your investments safe is equally important. On this front, Bajaj Finance Fixed Deposits enjoy the highest stability ratings of top credit rating agencies in India. Awarded the FAAA rating by CRISIL and MAAA by ICRA these FDs boast of high stability, offering guaranteed returns on maturity. In other words, you never have to fear losing money to volatility when you invest in a Bajaj Finance FD.

Flexible tenors to ladder your FDs and enjoy liquidity

Your investments in FDs are locked in throughout the tenor. While this ensures that your investments benefit from the compounding power of money, you will lose access to the funds for the said duration. To give you the required liquidity, Bajaj Finance offers flexible tenor options spanning from 12 to 60 months.

This flexibility allows you to invest in multiple FDs of varying tenors in line with the liquidity that you need to meet various goals. Use the FD Interest Rate Calculator to choose the right investment amount and tenor option so you can receive the maturity proceeds in time to meet all your goals.

Various interest payout frequencies to choose from

Bajaj Finance Fixed Deposits are of two types. While one offers regular interest payouts such as monthly, quarterly, semi-annually, and annually, the other pays you both interest and principal on maturity. As a senior citizen, choosing regular payouts will help you fund your recurring expenses conveniently using your interest earnings. If you are keen on funding one-time, big-ticket expenses like buying a car or saving up for the down payment of a home then accessing your earnings on maturity will be more profitable.

Additional interest rates to reinvest maturity proceeds

To encourage you to reinvest your maturity proceeds and further grow your corpus, Bajaj Finance offers an additional interest of 0.10%. This accelerates your earnings even further and helps you accumulate a large corpus on maturity.

Special tenor scheme to optimize your short-term returns

To address your short-term liquidity needs, Bajaj Finance offers a special tenor scheme that yields an interest rate of 8.05% instead of 8% when you invest Rs.1 lakh in a 15-month FD payable at maturity. This accelerates your returns provided you plan your investments wisely and reinvest the maturity proceeds for the right tenor.

So, wait no more and fill out an easy online application form to invest in Bajaj Finance Fixed Deposits to garner wealth over time.

2 thoughts on “Want to grow your savings by 51%? Invest Rs.5 lakh for 5 years with this FD”

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