The core purpose of any investment that we make is to maximise the possible returns. Investing your hard-earned money is one way of doubling or tripling the existing capital.
How to earn higher returns is pretty synonymous to where to invest. You can earn money by relying on your hard work but investing is more of a smart game. Check your risk appetite – how much of percentage loss are you willing to bear in your investment.
The primary motto of any investment is high returns and safety and security are of paramount importance. Thus, smart investment decision requires you to find a balance between the two and go for a stable yet lucrative option. Banks currently offer 7 – 7.7% interest rate on FDs and with a further cut in rates by the central bank, you should look at company FDs as a Smart investment option for FDs. Among company FDs, Bajaj Finance FD has been ranked as one of the safest investment options with stable ratings of MAAA (stable) from ICRA and FAAA (stable) from CRISIL.
Achieving 51% ROI in 5 years
Are you aware that Bajaj Finance FD can achieve 51% ROI in just 5 years? To know clearly about it, go through the below-mentioned points-
Investor Type | Interest rate | Principal Amount | Tenor | Return | ROI |
New customer | 8.6% | ₹5 lakhs | 5 years | ₹2,55,299 | 51% |
Senior citizens | 8.95% | ₹5 lakhs | 5 years | ₹2,67,549 | 54% |
Existing customers | 8.85% | ₹5 lakhs | 5 years | ₹2,64,033 | 53% |
This is the simplest and most hassle-free way get 51% ROI in just 5 years using the Bajaj Finance fixed deposit.
Before making any investment in the Bajaj Finance FD, you must use the FD interest rate calculator on the website to know the exact amount of maturity.
For instance, if you invest ₹5 lakhs for a fixed tenor of 5 years, as an existing customer, you will receive a maturity amount of ₹2.64 lakhs. The Return on Investment here is 53%. Likewise, you can enter any amount and tenor in the FD calculator and check the result for the same. It will help you create the right FD investment for you.
Sapna is working in the domain of Investment management in one of the top universities. He has published research papers and case studies in Investment and Fixed Deposit marketplace. He is an avid blogger in the domain of Investment management. you can also find him on social networking platforms.
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