Jaipur, June 30, 2023.

Fixed deposits have long been preferred investment avenues in the country. Almost 90% of Indian families consider FDs to be a reliable investment tool. And with good reason, since these are fixed-income instruments where the rate of interest does not depend on ever-changing market movements. The FD rate is locked in from the moment you book an FD up to maturity. Hence you can know the exact amount of earnings at maturity.  

Usually, these instruments offer lower returns given the low-risk tendency of such instruments, however, Bajaj Finance, a leading financial institution, offers FDs at attractive interest rates maximising your returns while minimising investment risk.  

Here are a few strategies that you can keep in mind to maximise your FD returns while keeping risk at a minimum.  

Bajaj Finance offers investors both cumulative and non-cumulative FD options. If you choose cumulative FDs, the interest is compounded annually and reinvested. On the other hand with non-cumulative FDs, the interest is paid out periodically. If liquidity is not a concern and you wish to maximise your returns, then choosing a cumulative FD is a smart option. Thanks to the power of compounding, you can significantly enhance your returns over time.