Pune (Maharashtra) [India], November 30 (ANI/NewsVoir): For most of us, a monthly expense list reads somewhat like this - EMIs, rent, utility bills, groceries, child-related expenses, travel expenses etc. With a list of immediate and unavoidable expenses taking up a major chunk of our income, often creating a savings funds takes the back seat. Building savings requires discipline and works best when tied to small financial goals.

For the salaried class, investing a portion of one's salary in Public Provident Fund (PPF), fixed deposit, real estate or gold has been a top choice of investment for generations. Fixed deposit is a hassle-free investment option offering assured returns at the prevailing interest rate at the time of booking. FD is offered by banks, post offices and also NBFCs like Bajaj Finance Limited (BFL).

The recent repo rate cuts resulted in massive reduction in FD interest rates, offered by banks and post offices. However, for those looking to grow their savings with safety, company FDs like Bajaj Finance Fixed Deposit can be a great choice. Individuals below 60 years of age can get attractive FD interest rates of up to 6.60 per cent with Bajaj Finance FD, with additional rate benefit of 0.10 per cent on investing online. Senior citizens can also reap benefits of 0.25 per cent higher FD rates with Bajaj Finance FD, regardless of their investment mode.

Thus, for investors looking to grow their savings and build their wealth over time, here's why Bajaj Finance Fixed Deposit can be a great choice:1.

Investors below the age of 60 years, can benefit from high FD interest rates of up to 6.60%. Investors get an additional 0.10 per cent rate bonus on FDs booked via the online mode. The minimum deposit requirement for investing in a Bajaj Finance online FD is Rs. 25,000.

2.

The most important criteria for consideration for any investor are safety of investment and guarantee of returns. Bajaj Finance FD fulfills both these criteria and it carries the CRISIL's FAAA rating and ICRA's MAAA rating, and both these point to stability and credibility. This is a clear indicator for zero capital loss and timely payouts to investors at maturity.

3.

By booking a Bajaj Finance FD, investors can choose a tenure according to their preference ranging from 12 months to 60 months for their investments. In addition, BFL also offers the option of periodic payouts to help fund other expenses. Investors can select monthly, quarterly, half-yearly and annual payouts options for their deposits according to their requirement. Alternatively, investors can save interest until maturity and enjoy compounded growth on their investment.

4.

When investing in Bajaj Finance FD, investors have the option of booking FD via its end-to-end online application process. This helps save time and investors can get started without having to step outside their homes. What's more, there is an additional rate benefit of 0.10% on investing online.

Investors can also plan their investments, by using Bajaj Finance Fixed Deposit Calculator that enables them to know their maturity amount beforehand.

5.

For investors not looking to invest a lumpsum amount at one time, BFL also offers Systematic Deposit Plan (SDP), allowing them to make monthly contributions as low as Rs 5000.Here they have the option to opt for the:With flexible investing options, attractive FD interest rates and host of other benefits and features, investing a portion of one's salary in the Bajaj Finance FD is the right choice!Bajaj Finance Limited, the lending company of Bajaj Finserv group, is one of the most diversified NBFCs in the Indian market catering to more than 44 million customers across the country. Headquartered in Pune, the company's product offering includes Consumer Durable Loans, Lifestyle Finance, Digital Product Finance, Personal Loans, Loan against Property, Small Business Loans, Home loans, Credit Cards, Two-wheeler and Three-wheeler Loans, Commercial lending/SME Loans, Loan against Securities and Rural Finance which includes Gold Loans and Vehicle Refinancing Loans along with Fixed Deposits.

Bajaj Finance Limited prides itself on holding the highest credit rating of FAAA/Stable for any NBFC in the country today.

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