Tue, 05 Dec 2023

BusinessWire India

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)

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