Pune (Maharashtra) [India], September 19: Earning money while you sleep may sound like a dream. But with Fixed Deposits (FDs), this dream can become a reality. FDs offer a reliable and time-tested way to generate passive income, allowing your money to work for you even when you are not actively engaged in the hustle and bustle of daily life. Let us explore the benefits of
, with a special focus on the features offered by Bajaj Finance FDs.
1. Dependable Returns
When it comes to passive income, predictability is key. With Fixed Deposits, you can expect stable and assured returns. Bajaj Finance FDs, for example, offer playout frequencies like monthly, quarterly, half-yearly, yearly or on maturity, while also offering competitive interest rates of up to 8.60% p.a., providing you with a dependable income stream. This consistency ensures that your financial goals remain on track, whether it is funding your child’s education, planning for retirement, or simply building a financial safety net.
2. Safety and Security
One of the primary concerns when generating passive income is the safety of your
. Bajaj Finance FDs address this concern with their highest safety ratings, including CRISIL AAA/Stable and [ICRA]AAA (STABLE) ratings. This means your money is not just safe but also grows steadily, providing you with both security and returns.
3. Flexible Tenures
Bajaj Finance FDs offer a range of tenures (from 12 to 60 months), allowing you to tailor your investments to your specific financial goals. Whether you are looking for short-term income or a long-term investment, there is an FD tenure to match your needs. This flexibility ensures that you can create a portfolio of FDs that aligns perfectly with your income requirements.
4. Regular Payouts
Bajaj Finance FDs provide various payout options. Whether you prefer monthly, quarterly, half-yearly, annual or on maturity interest payouts, you can choose the frequency that suits your lifestyle and financial needs. This flexibility allows you to design your passive income strategy to match your cash flow requirements.
5. Senior Citizen Benefits
If you are a senior citizen, Bajaj Finance offers additional interest benefits of up to 0.25% p.a., making FDs an even more attractive option for generating passive income during retirement. These special rates can significantly boost your income, providing financial security in your golden years.
6. Special tools
Tools like the Bajaj Finance's FD calculator is very useful for enhancing your financial planning. It furnishes precise details regarding your investment returns, allowing you to plan your finances with greater efficiency. This calculator is thoughtfully designed allowing you to compute the interest accrued on your fixed deposit within mere seconds.
Fixed deposits are an excellent investment option for those looking to earn passive income. So, why not let your hard-earned money work tirelessly for you? Consider Bajaj Finance as your trusted partner in the journey to financial freedom.
(ADVERTORIAL DISCLAIMER: The above press release has been provided by NewsVoir. ANI will not be responsible in any way for the content of the same)
Mumbai (Maharashtra) [India], September 21: It’s a groundbreaking moment for film buffs and motorcycle racing enthusiasts alike! MotoGP is set to make its long-awaited debut in India with the thrilling race event coinciding with the much-anticipated film Yaariyan 2. The lead cast of the film - Divya Khosla Kumar, Yash Daasguptaa, Meezaan Jafri and Pearl V Puri, will grace the grand event in Delhi on 23rd September with their enthralling presence, marking the first-ever film marketing campaign at MotoGP. This pioneering initiative is set to redefine the boundaries of marketing and entertainment, offering fans an immersive experience that combines the thrill of motorcycle racing with the excitement of cinema.
Sep 21, 2023