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Why you should invest in Fixed Deposits

By Finserv MARKETS - Nov 23,2019
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Why you should invest in Fixed Deposits

Fixed Deposits (or FDs), are a popular investment option that offer assured returns, low risk, and utility as long-term financial planning tools. Here are some of the reasons Fixed Deposits are used across the country and beyond.

  1. High interest rates

While savings accounts offer an interest rate of around 4-5%, Fixed Deposit interest rates are much higher. Finserv MARKETS, for example, offers FDs with an interest rate of up to 8.70%. Furthermore, there are two kinds of FDs, called cumulative and non-cumulative. Non-cumulative Fixed Deposits offer an interest payout at fixed intervals (monthly, quarterly, half-yearly, and annually). Cumulative Fixed Deposits give you the interest only after your term is complete but offer a higher interest rate.

  1. Start multiple FDs with just Rs. 25,000

Finserv MARKETS allows you to open multiple FDs with a single application form. This lets you to set aside funds for various needs like an upcoming wedding, studying abroad, medical emergencies, or retirement funds. The FDs can have different amounts and tenors, allowing for maximum flexibility.

  1. Senior citizen benefit

Finserv MARKETS offers a special benefit for senior citizens investing in Fixed Deposits. They can avail an interest rate that is 0.35% higher than the market rate, allowing investors to plan for their later years with confidence.

  1. Online application and account management

FDs booked through Finserv MARKETS have the added advantage of instant online application and account management through a robust customer portal and multiple service channels.

  1. Flexible Tenor and high stability

Tenors for an FD range from 1 to 5 years. No matter the tenor, returns are assured as Finserv MARKETS is rated highly stable by both CRISIL and ICRA, allowing you to invest with total peace of mind.

If you’d like to know more about Fixed Deposits or would like to apply for one, log on to https://www.bajajfinservmarkets.in/ or download the Finserv MARKETS Mobile App from the Google Play or App Store.


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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