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Bajaj Finance Fixed Deposit: A Reliable Source of Passive Income for Investors | ||
Pune, Maharashtra, India Whether you're attempting to start a side business or are just looking to make a little extra money each month, passive income can be a wonderful approach to help you generate extra cash flow. When times are good, passive income can help you make more money. With passive income, you can continue to make money while working at your regular job. A passive income gives you additional security in any case.
Fixed deposit Investors can choose to invest a lump-sum investment in fixed deposit for a flexible tenure ranging from 12 to 60 months. For a fixed deposit, you can choose cumulative deposit to get principal amount and interest at maturity. You can also ppt for non-cumulative FD option for regular income. A per your financial need, you can choose to get returns in monthly, quarterly, half-yearly, or yearly basis. This way, you can earn a steady stream of passive income from the interest earned on their investment.
Disclaimer: The above calculations are done using the Fixed Deposit calculator.
Stable and reliable
About Bajaj Finance Limited Bajaj Finance Ltd. (‘BFL’, ‘Bajaj Finance’, or ‘the Company’), a subsidiary of Bajaj Finserv Ltd., is a deposit taking Non-Banking Financial Company (NBFC-D) registered with the Reserve Bank of India (RBI) and is classified as an NBFC-Investment and Credit Company (NBFC-ICC). BFL is engaged in the business of lending and acceptance of deposits. It has a diversified lending portfolio across retail, SMEs, and commercial customers with significant presence in both urban and rural India. It accepts public and corporate deposits and offers a variety of financial services products to its customers. BFL, a thirty-five-year-old enterprise, has now become a leading player in the NBFC sector in India and on a consolidated basis, it has a franchise of 66.05 million customers. BFL has the highest domestic credit rating of AAA/Stable for long-term borrowing, A1+ for short-term borrowing, and CRISIL AAA/Stable & [ICRA]AAA(Stable) for its FD program. It has a long-term issuer credit rating of BB+/Positive and a short-term rating of B by S&P Global ratings.
To know more, visit www.bajajfinserv.in. |
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