Book Minor FD with Bajaj Finance for your child’s safe and secure future

child's safe and secure future


Parents often worry about their children’s future, be it their education, their marriage, or their overall well-being. Financial planning plays a significant role in securing their future. One of the safest and most reliable investment options is a fixed deposit (FD). With Bajaj Finance, you can invest in a book minor FD to secure your child’s future.

What is a Book Minor FD?

A book minor FD is an FD account opened in the name of a minor, under the supervision of a guardian. It helps parents ensure that their child’s future is secure, without worrying about dipping into their savings or facing any financial constraints.

Why Invest in a Book Minor FD with Bajaj Finance?

Bajaj Finance offers various FD schemes, including book minor FDs, with attractive interest rates that give high returns on investment. The company offers flexible tenures, starting from 12 months to 60 months, to suit the parents’ investment goals and financial requirements. Additionally, the interest rate is guaranteed, giving parents the peace of mind that the investment will yield good returns.

Benefits of Investing in a Book Minor FD with Bajaj Finance:

1. High-Interest Rate:

Bajaj Finance offers attractive interest rates that provide high returns on investment. The interest rate is up to 8.35% p.a. depending on the tenure chosen.

2. Guaranteed Returns:

Unlike other market-linked investment options, the interest rate on a fixed deposit is unaffected by market fluctuations. Hence the returns are guaranteed, making it an extremely reliable and safe investment option.

3. Flexibility:

Bajaj Finance offers flexible tenures on its fixed deposits, starting from 12 months to 60 months, making it easier for parents to plan their investment goals.

4. Loan against FD:

Bajaj Finance allows parents to avail of a loan against their FD amount for their child’s education, marriage, or any other financial requirement without breaking the FD investment.

5. Automatic Renewal:

Bajaj Finance offers automatic renewal of fixed deposits, thereby eliminating the hassle of tracking the maturity date and reinvesting the money manually.

6. Nomination Facility:

Bajaj Finance provides the nomination facility on all its fixed deposits, ensuring that in case of the unforeseen demise of the account holder, the nominee can claim the investment amount easily.

Bajaj Finserve App:

The Bajaj Finserve app is a unified platform that provides various financial products and services under a single umbrella. The app allows investors to track their investment portfolio, access account statements, and many more services with just a few clicks.

Benefits of Bajaj Finserv App:

1. Easy Access:

The app offers easy accessibility to all the financial products and services, eliminating the need for multiple apps and passwords.

2. Hassle-free Transactions:

With the app, investors can carry out transactions quickly, securely, and without any hassle.

3. Portfolio Tracking:

Investors can track their portfolio and keep a tab on their investments’ performance with real-time updates.

4. Easy Navigation:

The app offers a convenient and user-friendly interface that is easy to navigate.

5. Multiple Payment Options:

The app offers multiple payment options, including net banking, UPI, Debit/Credit cards, and EMI options, making it convenient for investors to make payments.

The future of children is one of the most critical concerns for parents. They want to ensure that their kids have a bright future and are financially secure. However, achieving financial security for children requires careful planning and investment. One of the safest and most reliable investment options for children’s future is investing in a book minor fixed deposit.

The book minor fixed deposit scheme offered by Bajaj Finance is an excellent way to secure your child’s future financially. The scheme provides a high return on investment, making it an attractive option for parents. The principal amount invested is safe and secure, and parents can select a tenure that suits their financial goals and plans.

Additionally, the scheme is flexible, which means parents can make partial withdrawals if they need the funds in case of an emergency. This feature provides parents with much-needed financial flexibility, ensuring that they can access funds when required.

Investing in a book minor fixed deposit is a straightforward process. Parents need to submit the required documents such as their child’s birth certificate, PAN card, and Aadhaar card and make the deposit. Once the deposit is made, parents will start earning interest on their investment. The interest earned is added to the principal amount, which means that parents earn interest on interest, making it a highly lucrative option.

Moreover, Bajaj Finance offers a highly secure and reliable platform to invest in a book minor fixed deposit. With the investor’s safety being a top priority, the company ensures that the investments made are secure and protected. Bajaj Finance also offers 24/7 customer support to assist parents with any queries they may have.

Additionally, the Bajaj Finserv app provides an easy and secure way to invest in a book minor online FD. Parents can easily download the app and invest in the scheme from the comfort of their homes. With just a few clicks, parents can complete the investment process and start earning returns on their investment.

The app also makes it easy for parents to track their portfolio and monitor their investments’ performance. This gives them complete control over their investment portfolio and enables them to make informed decisions about their investments.

In conclusion, investing in a book minor fixed deposit with Bajaj Finance is an excellent way to secure your child’s future financially. The scheme offers high returns on investment, is safe and secure, and provides financial flexibility. Additionally, the Bajaj Finserv app makes the investment process hassle-free, providing easy access to financial products and services. With the app, parents can invest in a book minor fixed deposit and track their investment’s performance conveniently. Hence, if you are looking for a safe and secure investment option that offers high returns, then book a minor FD with Bajaj Finance and download the Bajaj Finserv app today.



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