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.
About Bajaj Markets
Bajaj Markets, a subsidiary of Bajaj Finserv, and one of the fastest growing fintech in India, is a one-stop digital marketplace that offers multiple financial products across all categories – Loans, Cards, Insurance, Investments and Payments. Bajaj Markets has partnered with some of the most trusted names to offer choice to its customers and help them achieve their financial life goals.
Having started its journey as a fintech, Bajaj Markets has since then, built a very strong business as a techfin. Its technology services businesses are built on its core capabilities in consumer insights, technology and data analytics. Its first B2B SBU, Skaleup, has been created to become the leading digital technology services provider in India through deep domain expertise and execution capabilities.
Bajaj Markets has built a new business unit to become the preferred partner for digital technology initiatives across all group companies of Bajaj Finserv. Herein, the strategy is to align with digital technology roadmap objectives of all the group companies of Bajaj Finserv and offer digital technology services and platforms at market competitive rates.
Visit www.bajajfinservmarkets.in or download the Bajaj Markets app from Play Store or App Store. With Bajaj Markets, “Ab Choices Hue Aasaan”.
