Gift your mom the assurance of high returns up to 7.25% with Bajaj Finance online FD

Bajaj Finserv

Mother's Day is a celebration honouring the gift of life that motherhood brings. If you still haven't found the perfect Mother's Day gift yet, we don't blame you. There is just no gift that can match the value of her inordinate sacrifices and love. So, instead of shopping for the usual handbags or jewellery, how about gifting her an investment option that secures her future?

With uncertainties in our current dynamic economic scenario, choosing the right investment plan can be challenging. Get protection from increasing market volatilities by choosing a sound financial plan that is not affected by market movements, like a fixed deposit. A fixed deposit can make for a thoughtful gift, as it could help her reap benefits for years and secure her future.

However, in the present investment market, interest rates on fixed deposits are low, which can result in lower yield. But, if you're looking for a fixed deposit offering attractive returns with high safety of deposit, Bajaj Finance online FD can be a great choice.

Here are some reasons why the Bajaj Finance online FD is the ideal gift for mothers all over India:

1. Attractive returns

Bajaj Finance online FD offers impressive interest rates up to 7.25% for senior citizens, irrespective of their mode of investment and interest rates up to 7.10% for non-senior citizens investing online. Gift your mother the assurance of high returns with Bajaj Finance Online Fixed Deposit, with investments starting from just Rs. 25,000.

Here is an example to help you visualise the returns on your investment. Suppose you invest Rs. 1,00,000 in a Bajaj Finance online FD scheme for senior citizens.

To further improve your returns, you can consider auto-renewing your deposits and obtain an additional 0.10% hike on current FD rates.

1. Periodic payout option to generate monthly income

This humble deposit can also help your mom generate periodic income, as you can choose the option to get payouts on a periodic basis. This way, your mother can get monthly, quarterly, half-yearly, or annual interest payouts on her Bajaj Finance FD, depending on her needs.

If you're looking for an option that focuses on periodic payouts, you can choose to invest in a non-cumulative FD. You can opt for the frequency of payouts as per your needs.

Continuing the example given above, here's a table showing the interest payouts.

Your mother could use these interest payouts to fund some of her monthly expenses.

1. Easy investment process

With Bajaj Finance online FD, you can invest in just a few minutes using a hassle-free, paperless online process. With this online FD process, you can opt for contactless deposits and simple document retrieval from the convenience of your own home. There is no need to wait in long queues, and as a senior citizen, you also receive a 0.25% additional rate benefit on investing in a Bajaj Finance online Fixed Deposit. You can also calculate your returns even before you invest, by using the FD interest rates calculator.

2. Safety and credibility

Bajaj Finance is accredited with the highest safety ratings of FAAA/Stable by CRISIL and MAAA/Stable by ICRA. Higher safety ratings are an indication of timely payments and no defaults. With this, you can be rest assured that your principal amount and steady returns are in safe hands.

This Mother's Day, choose a smart gift and help your mother grow her savings and secure her golden years by investing in a Bajaj Finance online Fixed Deposit.