{"id":3186,"date":"2024-03-29T11:31:31","date_gmt":"2024-03-29T06:01:31","guid":{"rendered":"https:\/\/matribhumisamachar.com\/en\/2024\/03\/29\/begin-the-new-financial-year-with-fds-on-bajaj-markets\/"},"modified":"2024-03-29T11:31:31","modified_gmt":"2024-03-29T06:01:31","slug":"begin-the-new-financial-year-with-fds-on-bajaj-markets","status":"publish","type":"post","link":"https:\/\/new.matribhumisamachar.com\/en\/2024\/03\/29\/begin-the-new-financial-year-with-fds-on-bajaj-markets\/","title":{"rendered":"Begin the New Financial Year with FDs on Bajaj Markets"},"content":{"rendered":"

Bajaj Markets<\/strong> has tied up with several leading banks and NBFCs to offer a range of investment products, including fixed deposits<\/a>. It is an ideal savings scheme for individuals looking for a fresh start to the new financial year. This facilitates improved asset allocation for diverse financial needs.<\/p>\n

Fixed Deposit<\/strong><\/p>\n

\nFor instance, investors can get an interest rate of up to 9.00% p.a. on their FDs and can deposit a minimum amount starting at \u00e2\u0082\u00b91,000. When booking an FD on Bajaj Markets, individuals can browse the following issuers:<\/p>\n

\n

FD Issuer<\/p>\n

Maximum Interest Rate (p.a.)<\/p>\n

Minimum Deposit Amount<\/p>\n

Bajaj Finance Ltd.<\/p>\n

8.85%<\/p>\n

\u00e2\u0082\u00b915,000<\/p>\n

Mahindra Finance Ltd.<\/p>\n

8.30%<\/p>\n

\u00e2\u0082\u00b95,000<\/p>\n

PNB Housing Finance Ltd.<\/p>\n

8.30%<\/p>\n

\u00e2\u0082\u00b910,000<\/p>\n

YES BANK<\/p>\n

8.25%<\/p>\n

\u00e2\u0082\u00b910,000<\/p>\n

Ujjivan Small Finance Bank<\/p>\n

9.00%<\/p>\n

\u00e2\u0082\u00b91,000<\/p>\n

AU Small Finance Bank<\/p>\n

8.50%<\/p>\n

\u00e2\u0082\u00b91,000<\/p>\n

Disclaimer<\/strong>: The above-mentioned interest rates are subject to change at the issuer’s discretion and are applicable to senior citizens.<\/p>\n

Investors looking to save on taxes can also opt for tax-saver FDs issued by banks. These come with a mandatory lock-in period of 5 years and are eligible for deductions up to \u00e2\u0082\u00b91.5 Lakhs u\/s 80C of the Income Tax Act, 1961.<\/p>\n<\/div>\n

\nBooking an FD on Bajaj Markets presents several benefits, such as:<\/p>\n

Minimal documentation Quick processing time Auto-renewal facility on select FDs Premature closure option Easy online application process Option to avail loans against FDs from select issuers<\/p>\n

As individuals embark on their savings journey for the new financial year, Bajaj Markets provides a seamless experience. They can easily explore various FD issuers, thereby initiating their investment journey promptly.<\/p>\n

\nAs individuals look back on their finances in preparation for the upcoming financial year, FDs serve as a great way to increase their savings and also earn assured interest.<\/p>\n

\nWhether downloading the app or visiting the official website, investors can access a wide range of investment options. These include Mutual Funds, Bonds, and National Pension Scheme (NPS).<\/p>\n

About Bajaj Finserv Direct <\/strong>
\nBajaj Finserv Direct, a subsidiary of Bajaj Finserv, is one of the fastest-growing fintech companies in India. It has two primary arms, Bajaj Markets, a financial marketplace, and Bajaj Technology Services, a techfin service provider.<\/p>\n

\nBajaj Markets is a marketplace that offers multiple financial products across all categories – Loans, Cards, Insurance, Investments, Payments, Pocket Insurance, and VAS. Bajaj Markets has partnered with trusted financial brands to offer “India ka Financial Supermarket<\/strong>“. A one-stop destination where its customers can explore a host of products that can help them achieve their financial life goals.<\/p>\n

\nHaving started its journey as a fintech, Bajaj Finserv Direct has also built a very strong business as a techfin. Through Bajaj Technology Services it offers a wide gamut of digital technology services which span Custom Applications, Enterprise Applications, Data & Analytics, Gen AI, Cloud Services and Digital Agency.<\/p>\n

\nVisit the Bajaj Markets website<\/a> or download the Bajaj Markets’ app<\/a> from the Play Store or App Store to experience “India ka Financial Supermarket<\/strong>“.<\/p>\n

Featured Article<\/p>\n","protected":false},"excerpt":{"rendered":"

Bajaj Markets has tied up with several leading banks and NBFCs to offer a range of investment products, including fixed deposits. It is an ideal savings scheme for individuals looking for a fresh start to the new financial year. This facilitates improved asset allocation for diverse financial needs. Fixed Deposit For instance, investors can get […]<\/p>\n","protected":false},"author":12,"featured_media":3187,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[52886],"tags":[],"class_list":["post-3186","post","type-post","status-publish","format-standard","has-post-thumbnail","category-business-english-news"],"_links":{"self":[{"href":"https:\/\/new.matribhumisamachar.com\/en\/wp-json\/wp\/v2\/posts\/3186","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/new.matribhumisamachar.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/new.matribhumisamachar.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/new.matribhumisamachar.com\/en\/wp-json\/wp\/v2\/users\/12"}],"replies":[{"embeddable":true,"href":"https:\/\/new.matribhumisamachar.com\/en\/wp-json\/wp\/v2\/comments?post=3186"}],"version-history":[{"count":0,"href":"https:\/\/new.matribhumisamachar.com\/en\/wp-json\/wp\/v2\/posts\/3186\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/new.matribhumisamachar.com\/en\/wp-json\/wp\/v2\/media\/3187"}],"wp:attachment":[{"href":"https:\/\/new.matribhumisamachar.com\/en\/wp-json\/wp\/v2\/media?parent=3186"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/new.matribhumisamachar.com\/en\/wp-json\/wp\/v2\/categories?post=3186"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/new.matribhumisamachar.com\/en\/wp-json\/wp\/v2\/tags?post=3186"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}