Pune (Maharashtra) [India], September 11: Bajaj Markets, a subsidiary of Bajaj Finserv, has partnered with YES BANK to provide individuals with a hassle-free way of opening a Fixed Deposit (FD) account online. A YES BANK FD offers returns of up to 7.75% p.a. to regular investors and up to 8.25% p.a. to senior citizens.
These rates are in line with the recent revisions in FD rates by YES BANK, w.e.f. May 2, 2023, and are applicable on FDs booked for a duration of 18-36 months. Investors can start their savings journey with Rs. 10,000 and choose to receive their interest earnings on a monthly or quarterly basis, or at maturity.
By booking a YES BANK Fixed Deposit, individuals can enjoy the following features and benefits offered:
* Attractive FD interest rates across a variety of tenors
* Additional interest rate hike of up to 0.75% for senior citizens
* Zero penalty on premature withdrawals for senior citizens
* FD tenors ranging from 7 days to 10 years
* Varied payout options to meet the needs of different investors
* Easy auto-renewal facility
* Availability of loan against FD of up to 90% of the invested amount
Investors can take advantage of the following conveniences while booking an FD on the Bajaj Markets platform:
* Simple documentation
* Quick and seamless online process
* FD calculator to forecast returns and aid in investment planning
* User-friendly comparison of multiple FDs
To book a YES BANK FD, investors can simply visit the website or download the Bajaj Markets app. The platform also helps individuals create a diversified investment portfolio with other avenues to grow wealth as well.
(Disclaimer: The above press release has been provided by BusinessWire India. ANI will not be responsible in any way for the content of the same)