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What is rate of return offered on Fixed Deposits on Finserv MARKETS?

By Finserv MARKETS - Sep 7,2019
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What is rate of return offered on Fixed Deposits on Finserv MARKETS


Invest in fixed deposits to grow your savings along with high stability and safety of the principal amount. Often trusted as the safest investment mode, FDs enable you to control your investments with flexibility with guaranteed returns. You can easily choose a 12-60 months tenure, as per your financial needs and requirements. Now you can open a fixed deposit account on Finserv MARKETS. All you need is to fill in your personal details along with your nominee’s, choose the amount to invest, tenure and the type of fixed deposit (cumulative or non-cumulative). With minimal documents required, the validation and verification process is also seamless and expeditious. To make it easier for you, it also provides you the option to keep track of your investment on your smartphone anytime, anywhere.

With attractive FD interest rates of upto 8.95%, so you can easily multiply your savings, Fixed Deposits on Finserv MARKETS offers some of the best features, so that you can enjoy a hassle-free investment experience. Investing in a fixed deposit is very easy and you can check and track your final maturity amount using an FD calculator, before you start investing.

Clubbing the benefits together, it can be said that fixed deposit offers a lucrative interest rate of 8.60%, which can go up to 8.95% for senior citizens, which helps you plan and manage your expenses easily. With a high interest rate on fixed deposit, you can accumulate your wealth and grow your corpus. With a fixed deposit account on Finserv MARKETS, senior citizens can choose the option of periodic payouts, to fund regular expenses at attractive interests.For opening a fixed deposit account on Finserv MARKETS, the minimum deposit required to invest in is Rs. 25,000, which makes it easier to invest. With this minimum deposit amount, you can start investing any time, without having to wait to accumulate a larger corpus. Even with a smaller minimum deposit amount, you can ladder your investments and earn better returns. Additionally, as the only NBFC in India with an international rating of ‘BBB’ by S&P Global, fixed deposits on Finserv MARKETS are one of the safest investment options, regardless of their risk type.

You can also opt for auto-renewal while investing in fixed deposits and save the hassle of filling in the renewal form again during maturity. Invest in multiple deposits through a single cheque payment and you can also opt for different tenures and interest payment frequencies for each of these deposits. In the best case scenario, you need urgent cash, you can prematurely withdraw from a single deposit, without having to break all other deposits.


How helpful is an FD account?

An FD is a safe place to park your money, where market risks cannot touch the investment or the interest. During emergencies, people rely on investments they can liquidate easily, that’s when fixed deposits come handy. However, you can avail secured loans against FDs (up to 90% of the amount) at lower interest. You get the same interest payout throughout your tenure, regardless of the market fluctuations. The interest sum gets credited annually/monthly/quarterly as per your requirements. Almost every bank offers a higher interest rate to senior citizens. This appeals to retirees greatly. You can invest in tax-saving FDs for five years to avail 80C tax deduction. You can request the bank to transfer the amount to a new FD account, where it will reap more dividends.




In order to open an FD account, by logging into your internet banking account. You can open by filling the online form from your own account. There is no need for separate KYC a banks normally has it covered. There is another option of offline submission of the form. All you need to do is you to visit a bank and collect an application form. Submit the duly filled form with an ID proof, residential proof and passport size photos. Once you deposit the amount, they will give you an FD receipt. You will need it to redeem or reinvest once it matures.


Investing in secure tools like fixed deposits should be on every adult’s financial planning agenda. Innovative FD products available on Finserv MARKETS offers you a hassle-free process online with minimal documentation and lucrative interest rates. Fixed deposits with non-banking institutions like the Bajaj Finance Fixed Deposit, available on Finserv MARKETS, can fetch you a higher rate of interest every year, making it more appealing than a regular fixed deposit in a bank.


Finserv MARKETS, from the house of Bajaj Finserv, is an exclusive online supermarket for all your personal and financial needs. We understand that every individual is different and thus when you plan to achieve your life goals or shop for the gadget of your dreams, we believe in helping you Make it Happen in a few simple clicks. Simple and fast loan application processes, seamless, hassle-free claim-settlements, no cost EMIs, 4 hours product delivery and numerous other benefits. Loans, Insurance, Investment and an exclusive EMI store, all under one roof – anytime, anywhere!


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Bajaj Finserv Direct Limited ("BFDL") is primarily engaged in distribution of financial products and services through its digital platform (“Bajaj Finserv MARKETS”) and inter alia renders services of customer acquisition, providing preliminary credit support activities, fulfilment services and post-acquisition customer services to Banks, NBFCs, HFCs. BFDL is also a registered Corporate Agent (Composite) under valid IRDAI registration number: CA0551 valid till 10-Apr-2024 for solicitation and servicing of Insurance Products. Registered Office: Bajaj Auto Limited Complex, Mumbai – Pune Road, Akurdi, Pune – 411 035 CIN: U65923PN2014PLC150522