Most FD issuers offer a loan against your fixed deposit. This allows you to meet your emergency financing requirements without breaking your FD, which can also attract a penalty.
Depending on the issuer, the loan amount can go up to 95% of your investment. Use this for any reason, be it a medical need or home repairs.
As you can see, the procedure and formalities to open a fixed deposit account are simple and can be completed digitally in just a few clicks. On Bajaj Markets, you can choose from a number of FDs and invest with just ₹5,000.
Once you choose your FD, you can enjoy returns with interest rates going up to 8.60%. So, get started today!