Fixed Deposit: For investors who do not want to take risk, fixed deposit has remained the preferred option for years. Read the big news related to this.
Bajaj Markets, a subsidiary of Bajaj Finserv, has joined hands with Ujjivan Small Finance Bank to offer fixed deposits.
Under this, now investors can get interest rate up to 8.25 percent on fixed deposit (FD Interest Rate). Its special thing is that you can start investing from Rs 1,000.
In fixed deposits, investors also get the option to choose between payment on maturity or on quarterly basis. Investment in FD can be done even without opening a savings account.
It said that senior citizens can avail the benefits of higher interest rates, while tax-savvy investors can avail the benefits of tax saver fixed deposits.
Bajaj Markets said that investment can be done with less documents. Facility of instant online booking and fixed deposit calculator is also available.
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