The need for money is never-ending, as you need funds to cover day-to-day expenses and save for the future. However, festivals such as Diwali are a time when expenses increase, as you may renovate your home and spend on celebrating the festival. Such expenses can lower the overall funds or savings amount and can jeopardise your monthly budget. However, ideal savings and credit options can help you have adequate funds to comfortably spend to enjoy the festive season most joyfully.
This Diwali, you won’t need to worry about expenses, as you can take advantage of Bajaj Finserv’s savings and credit options to ensure you have enough funds. You can apply for a credit card with a high credit limit or avail yourself of a variety of loans with affordable interest rates to ensure you spend comfortably on festivities. You can visit the Bajaj Finserv website or download the Bajaj Finserv app to browse through all the savings and credit options, and you can also buy numerous products from the Bajaj Mall.
Bajaj Finance Fixed Deposit: The ideal savings option
Fixed Deposits (FDs) are investment instruments that provide regular interest to investors, gradually increasing the principal amount. The Bajaj Finance Fixed Deposit is a savings product with one of the highest safety and credit ratings of all FD products. It provides high interest rates, going up to 8.65% per annum, and you can customise your FD tenure based on your financial requirements. For example, you can invest in a non-cumulative FD if you want to receive regular interest payouts in your bank account.
Features of Bajaj Finance Fixed Deposit
Here are some of the features of Bajaj Finance Fixed Deposit which make it an ideal savings option:
- Digital FD: The Bajaj Finance Fixed Deposit is designed to be fully digital, where you can utilise a digital process to invest in the FD. You can visit the Bajaj Finserv website or the Bajaj Finserv app and invest in the Bajaj Finance Digital FD without any physical documentation.
- High credit rating: Bajaj Finance FDs have the highest credit ratings, making them a safe investment for conservative investors looking for steady returns. The FDs are rated AAA/Stable by CRISIL and ICRA.
- Flexible tenure: FDs tenures directly affect their interest rates. When investing in Bajaj Finance FD, you can choose from a host of flexible tenures between 12 months and 60 months, depending on the interest rates offered.
Bajaj Finserv credit options: Get desired funds instantly
Credit options, such as loans or credit cards, can be highly effective when you need funds immediately without using your money. You can visit the Bajaj Finserv website and app and browse through a host of loan products or credit cards to choose the most ideal one based on your needs. Here are all the loan products offered by Bajaj Finserv:
- Personal loan
- Gold loan
- Home loan
- Home loan balance transfer
- Two-wheeler loan
- New car finance
- Used car loan
- Loan against car
- Car loan balance transfer
- Loan against property
- Loan against shares
- Loan against mutual funds
- Loan against bonds
- Loan against insurance policy
- Loan against fixed deposits
- Margin trading finance
- ESOP financing
- Tractor loan
Furthermore, you can use an EMI and interest calculator for all Bajaj Finserv loan products, which are specially designed to ensure you choose the most suitable loan product for your financing needs. The application and disbursement process is completely online, and processes like Online KYC and E-mandates are used to fast-track your loan process.
Bajaj Finserv Credit Cards: Pay to earn rewards
Credit cards have become one of the most popular credit options. With them, you can pay up to a specific limit without using your money and repay the amount on a specific date. Bajaj Finserv offers numerous credit cards in partnership with other banks with high credit limits, allowing you to pay without using your money. Co-branded credit cards from Bajaj Finserv provide numerous discount offers on various popular brands and also allow you to earn rewards on every spend. Here are some of the most popular Bajaj Finserv Credit Cards:
- Binge SuperCard: 12x rewards with no 1st year annual fee.
- 5X Rewards Credit Card: 10x rewards up to 2% of your spending.
- Platinum Plus SuperCard: 1+1 movie tickets with no 1st year annual fee.
- 5X Plus Rewards Credit Card: 10x rewards up to 2% of your spending.
- Myfirst SuperCard: 8x rewards on paying education fees with no 1st-year annual fee.
- Easysaver SuperCard: 8x rewards on your bill payments
Furthermore, you can visit the Bajaj Finserv website or the app to choose credit cards based on different categories, such as travel cards, online shopping cards and bills and recharge cards. The application process is fully digital and just requires you to follow 4 easy steps. After successful verification, you can instantly get a credit card with a credit limit of up to Rs. 2 lakh.
Conclusion
The season of festivals is around the corner and fills every home with joy. It may come with a worry of higher spending, which you need not worry about with Bajaj Finserv’s savings and credit options. If you are looking to earn steady returns to save more, you can invest in Bajaj Finance Fixed Deposit to earn a high interest rate of up to 8.65%. On the other hand, if your fund requirement is urgent, you can consider taking a loan or applying for a co-branded credit card. Bajaj Finserv offers a host of loan products along with numerous types of credit cards to cater to every credit need. All you have to do is visit the Bajaj Finserv website of the Bajaj Finserv app to choose your ideal savings or credit options. Once you have the funds, you can shop for the festival by visiting the Bajaj Mall, which can allow you to purchase various products at affordable rates through offers and discounts.
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