Invest Smartly: Strategise FD Investments for Better Returns


Fixed deposit has long been the go-to instrument for risk-averse investors looking for financial security and steady growth. In recent times, economic instability and revenue slumps have put a new shine on this traditional investment with young and old consumers looking to make the most of FD interest rates. With Fixed Deposit offering FD rates up to 6.85% and the year drawing to a close, now is the right time to plan investments for 2021 and beyond.

While the repo rate is holding steady at 4% right now, experts predict that it may fall further by March 2021 to revive the economy. This spells good news for borrowers in the future, but for depositors looking for stability in wealth creation as well as high Fixed Deposit rates, locking in at the current rates may be a smart move.

Here’s the best FD strategy to follow in present times to get the most from the investment.

Check FD rates and FD safety ratings before investing

The first step for investors is to ensure that the FD interest rates offered by their chosen issuer are high in comparison to market rates. Investors may normally find company FDs or FDs issued by non-banks to have higher rates than those of banks. However, it pays to also balance FD rates with the safety ratings of the institution as growing savings securely is the main draw of such an investment.

The Bajaj Finance FD not only offers high FD interest rates, from 6.60% to 6.85%, but also enjoys the highest safety ratings – CRISIL’s FAAA/Stable rating and ICRA’s MAAA (stable) rating.

Trusted by over 4 crore customers, this FD also offers other conveniences such as:

  • Online loan against FD

  • Auto renewal

  • Invest via debit card

  • Multi deposit facility

  • Systematic Deposit plan

All this greatly enhances the experience of investors.

Book safely online

Online booking is the safest, quickest and the most convenient method of investing currently. One of the perks of the Bajaj Finance Online FD is that it not only facilitates a 100% digital, paperless method of investing, but also offers a 0.10% hike in the FD rates for online investors. While senior citizens can enjoy rates up to 6.85%, others can invest online to get Fixed Deposit rates of 6.70%.

Invest on behalf of seniors

A smart way to capitalise on the higher FD rates offered to senior citizens is to invest in an FD on behalf of parents/grandparents. Here’s a look at the comparative returns based on the FD interest calculator when consumers invest in a Bajaj Finserv FD based on their profile and investing method.

  • Deposit amount: Rs.4,00,000

  • Tenure: 5 years


Interest rate

Interest earned

Maturity value

Non-senior citizen investing offline


Rs. 1,50,612

Rs. 5,50,612

Non-senior citizen investing online


Rs. 1,53,200

Rs. 5,53,200

Senior citizen


Rs. 1,57,099

Rs. 5,57,099

Ladder the FD investment

Another strategic way to plan investments in an fixed deposit is to ladder FDs to coincide with goals. This way, investors can enjoy liquidity at various intervals and make the most of higher Fixed Deposit rates when opting for earnings at maturity. For instance, an investor can break up an investment of Rs. 10 lakh into 3 FDs of different amounts maturing at 3 years, 4 years and 5 years. Planning this is easy with the FD interest calculator.

What’s more, those who require more frequent payouts such as on the monthly basis can also use the same online tool. On the FD calculator, monthly interest figures are also computed. However, consumers should keep in mind that lumpsum payouts at maturity always offer higher FD rates.

With these tips, investors can not only enjoy the security and assured returns offered by FDs, but also maximise their earnings. To lock in at attractive FD rates right now as well as the 0.10% hike offered when investing online, investors should book an FD with Bajaj Finance today.

About Bajaj Finance Limited

Bajaj Finance Limited, the lending company of Bajaj Finserv group, is one of the most diversified NBFCs in the Indian market catering to more than 44 million customers across the country. Headquartered in Pune, the company’s product offering includes Consumer Durable Loans, Lifestyle Finance, Digital Product Finance, Personal Loans, Loan against Property, Small Business Loans, Home loans, Credit Cards, Two-wheeler and Three-wheeler Loans, Commercial lending/SME Loans, Loan against Securities and Rural Finance which includes Gold Loans and Vehicle Refinancing Loans along with Fixed Deposits. Bajaj Finance Limited prides itself on holding the highest credit rating of FAAA/Stable for any NBFC in the country today

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