Pune
According to a survey, among 1.6 million of its investors, around 12% prefer to invest in fixed deposits. This is mainly due to this instrument’s simplicity, familiarity, and protection against inflation.
A popular financial institution, Bajaj Finance, with the highest credit rating of [ICRA] AAA (Stable) and CRISIL AAA/STABLE, is now offering FD rates of up to 8.60% p.a. Interested individuals can go through some of the benefits of booking FD with Bajaj Finance.
Here is a table that reflects the difference in interest rates on select cumulative and non-cumulative payouts.