On Mother’s Day this year, finding the perfect gift online or at your favourite store may not be easy. However, that does not mean you cannot express your love and gratitude towards your mother for everything she does.
It is still not late to gift your mother something that she values forever. How about taking a step to secure her future with a Fixed Deposit? For those looking to invest in the safest Fixed Deposit, can choose to invest in a Bajaj Finance FD, which has rating of FAAA by CRISIL and MAAA by ICRA. These are the highest safety ratings that are indicators of highest safety with a Bajaj Finance Fixed Deposit.
Read along to know how investing in a Bajaj Finance Fixed Deposit could be the best Mother’s Day gift for your mom.
Guaranteed returns up to 7.85%
For sons and daughters looking to secure their mother’s future by investing in a FD, it may be challenging to find a high-return investment instrument. Fixed Deposit is however, a great choice for those seeking safety of capital and steady returns.
Bajaj Finance Fixed Deposit offers assured returns, which can help your mother secure her future, with interest rates of up to 7.85%.
The FD interest rates offered by Bajaj Finance vary as per customer type and the tenures and frequency of periodic payouts chosen. However, if you invest in a Bajaj Finance FD for 5 years, you can grow your savings by more than 40% of the principal amount.
To understand this better, let’s assume you’ve invested Rs. 1,00,000 for 5 years for your mother. Here’s a look at the returns she’d get, as per her customer type.
As a new customer she can earn up to 7.60% return on your investment.
| Deposit amount (Rs.) | Tenure (Yrs.) | Returns (Rs.) | Return (%) | Maturity amount (Rs.) |
| 1,00,000 | 5 | 44,232 | 44.23 | 1,44,232 |
As an existing customer she can earn up to 7.70% return on your investment
| Deposit amount (Rs.) | Tenure (Yrs.) | Returns (Rs.) | Return (%) | Maturity amount (Rs.) |
| 1,00,000 | 5 | 44,903 | 44.90 | 1,44,903 |
As a senior citizen she can earn up to 7.85% return on your investment.
| Deposit amount (Rs.) | Tenure (Yrs.) | Returns (Rs.) | Return (%) | Maturity amount (Rs.) |
| 1,00,000 | 5 | 45,915 | 45.91 | 1,45,915 |
Thus, if you look at the proceeds for all categories, you can see that she can grow her principal by more than 40%, which makes Bajaj Finance Fixed Deposit a great choice for her.
Invest from the comfort of your home
Bajaj Finance also offers the convenience of Bajaj Finance online FD for existing customers, which requires them to simply enter their investment amount and get started. It is a hassle-free, simple procedure which is completely paperless. What’s more, existing customers do not need to submit any documents either, which is why now is the perfect occasion to book FD for your mother, and take the first step to secure her future.
Fixed Deposit for NRIs
Bajaj Finance Fixed Deposit is also a great choice for NRIs seeking to gift their mothers a fixed deposit on this special day. NRIs can choose to invest in a Bajaj Finance NRI Fixed Deposit from 12 months to 36 months. The interest rates are the highest, when you choose 36 months.
Let’s assume you invest Rs. 1,00,000 in NRI FD for 3 years. Let’s take a look at the returns you get, as per your customer type.
New Customers – 7.4%
| Deposit amount (Rs.) | Tenure (Yrs.) | Returns (Rs.) | Return (%) | Maturity amount (Rs.) |
| 1,00,000 | 3 | 24,230 | 24.23 | 1,24,230 |
Existing Customers – 7.60%
| Deposit amount (Rs.) | Tenure (Yrs.) | Returns (Rs.) | Return (%) | Maturity amount (Rs.) |
| 1,00,000 | 3 | 24,577 | 24.57 | 1,24,577 |
Senior Citizens – 7.75%
| Deposit amount (Rs.) | Tenure (Yrs.) | Returns (Rs.) | Return (%) | Maturity amount (Rs.) |
| 1,00,000 | 3 | 25,098 | 25.09 | 1,25,098 |
Those who are staying overseas and planning to book a Fixed Deposit for their mother, can hence, choose to secure her future with a Bajaj Finance Fixed Deposit.
Monthly savings with Systematic Deposit Plan
Investors can start with a lumpsum amount of Rs. 25,000 to book a Bajaj Finance Fixed Deposit. However, for those who cannot invest a lumpsum amount, in a single go, Bajaj Finance offers Systematic Deposit Plan. With a Systematic Deposit Plan, investors can choose to save an amount starting Rs. 5000 per month. You can keep saving on a monthly basis and choose tenures from 12 to 60 months.
You can make deposits between 6 to 48, and reap the benefit of guaranteed returns with the convenience of investing on monthly basis. Now could be the best time to start a Systematic Deposit Plan for your mother and help her create a corpus later.
Thus, investing in a Bajaj Finance FD is a great way to keep reaping the benefits of a hassle-free investment. Whether you want to calculate the earnings or track the investment, you can do it all online with Bajaj Finance. Simply use FD calculator to determine returns and plan the investment better, before you invest. You can also choose to log in to the account to see the earnings and even renew FD online. This way, you and your mothercan keep a track of your investment, and enjoy guaranteed earnings. With all these benefits in tow, starting an FD for your mother just makes good financial sense. To get started now, simply book an FD online and get started.
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