ETMoney has partnered with Bajaj Finance to offer fixed income products that assure 7.35% returns.
In a press release, the company said that many investors prefer fixed deposits over other financial instruments due to reliability of being a safe investment option. “However, with FD rates offered by banks falling over the last couple of years, most Indians are now earning returns that barely beat inflation. With the FD offering, millions of Indian investors now have an option to earn higher returns compared to many bank FDs,” said the company.
The FD comes with a host of features such as flexible interest payouts, tenures ranging from 12 to 60 months and higher interest rates for senior citizens.
