5 benefits of investing in fixed deposits

Pune : For all risk-averse investors out there, seeking a safe avenue for investing their hard-earned money, fixed deposits rank right at the top of their investment portfolio.
Fixed deposits, also known as term deposits, offer higher rate of returns as compared to other risk-free investment avenues, such as savings account or government bonds. They are completely safe from market risks and offer a stable rate of return assuring the investor of a fixed rate of interest at the end of the tenor or at regular intervals.
Bajaj Finance Fixed Deposits enjoy immense popularity amongst all investors for their excellent benefits.
Bajaj Finance Ltd, the lending arm of Bajaj Finserv, offers fixed deposits at an interest rate of 8.40 percent and going up to 8.75 percent. Senior citizens are eligible for additional benefits on interest rates. Investors can start investing from Rs. 25,000/- onwards and choose tenor ranging from 12 months to 60 months.
Bajaj Finance Fixed Deposits are rated high on safety and stability with ICRA's MAAA (stable) rating and CRISIL's FAAA/Stable rating, assuring timely payments of interest and principal. 

NTPC and PNB execute first PSU TReDS transaction on M1xchange

New Delhi : In a significant development, M1xchange, one of the foremost exchanges dealing in Trade Receivables Discounting System(TReDS), has started...

Sensex ends 287 pts lower, Nifty below 10,150

New Delhi : The market on Tuesday closed its curtains post a marginal pullback in the crude oil prices, which slipped to around USD 79 per barrel.The ...

Processing of Income Tax refunds is faster than ever: CBDT Chairman

New Delhi : The Central Board of Direct Taxes (CBDT) ChairmanSushil Chandra on Monday said that higher level of compliance, various legislative and ad...

E-waste is the world's fastest growing waste stream

New Delhi : With more than 2 million metric tonnes of e-waste" e-waste generated every year, India is the fourth largest e-waste" e-wasteproducer in t...