Sun. Apr 14th, 2024

In today’s world, earning money and accumulating your savings is just not a good idea. It is always advisable to park your surplus and start investing. An investment ensures wealth creation and long-term financial security. It is, however, important for an investor to review risk, liquidity, and post-tax returns before investing in any scheme.

If you have a large sum of money like Rs. 5 lakhs to invest, you can consider various equity and debt financial instruments, such as –

  • Debt Mutual Funds

  • Public Provident Fund (PPF)

  • Stocks and Equities

  • Bonds

  • Fixed Deposits

However, as a prudent investor, you would want to look for an option which provides a good mix of returns and stability. Each of the above options are either too safe with no option to earn higher interest or are too risky (like stocks and equities) even though they might earn high returns over a long period of time.

Zeroing on Fixed Deposits

Analyzing a number of investment options available in the market, a good place to start investing Rs. 5 lakhs would be a Fixed Deposit. It is one of the most popular investment avenues that guarantees assured returns on investment. While bank FDs are currently earning maximum till 7.75%, company FDs are offering a lucrative interest rate to earn a good return on investment on a capital of Rs. 5 lakhs.

Why invest in a Fixed Deposit?

The above mentioned financial products are market-linked instruments and do not offer capital protection and guaranteed income. However, fixed deposits offer the following benefits:

  • Earn higher returns: With company fixed deposits, you tend to earn higher returns as compared to bank FDs. With such good ROI, it is easy to reach your big financial goals such as buying a new home, a car, or putting your kids to a good college.

  • Expand your business: Investing Rs. 5 lakhs in a fixed deposit can help your business grow and expand. With substantial returns on your investment, you are likely to create more jobs and introduce new products in the market.

  • Save for your retirement: Putting your funds in a fixed deposit can help you live off with funds in your post-retirement years. Cumulative fixed deposit investments allow your money to grow and create wealth over time.

One-time investment plan in a high-yielding company FD:

Before deciding to invest in any Company Fixed Deposit(FD), you must carefully evaluate the company based on a few parameters such as company background and credit rating of its FD. FDs with good credit rating assure you timely payment of interest and capital along with high interest rates for all types of customers. One such company FD, which is rated highly stable with ICRA’s MAAA/stable rating and CRISIL’s FAAA/stable rating is Bajaj Finance FD. Here’s how you can quickly multiply Rs. 5 lakhs with Bajaj Finance FD:

High Return on Investment – Bajaj Finance offers one of the highest interest rates as compared to other company FDs. It offers 8.6% to first-time customers an additional 0.10% to returning ones. Also, if you fall under the below categories you can earn a minimum of 51% return on investment.


Interest rates



Interest Earned


New customer


5 lakhs

5 years



Senior citizens


5 lakhs

5 years



Existing customers


5 lakhs

5 years



High stability and credibility: Investing in Bajaj Finance FD is risk-free as it has ICRA’s and CRISIL’s ratings. Such high credibility ratings imply that your investment amount of Rs 5 lakhs is never at risk. You can also be assured of timely interest payments on your chosen time intervals of monthly, quarterly, and half-yearly. It is thus safe and secure to book a fixed deposit with Bajaj Finance.

Cumulative and non-cumulative interest payouts: Depending on your business requirements, you can choose to get your interests either periodically (monthly, quarterly, half-yearly, annually) or at the end of maturity period.

Availability of credit: When there is a cash crunch in your business, and there are no liquid funds available, fixed deposits can be your savior. By investing in Bajaj Finance FD, you can easily avail loan up to 75% of the maturity amount.

Investing in the right vehicle gives an opportunity to multiply your investment quickly while earning substantial returns over a period of time which can be used for your personal or business goals. Fixed deposits are high-yielding fixed income products. You can always use the Online Fixed Deposit Interest Calculator to find the best tenor with Rs. 5 lakhs as the principal amount to achieve the desired sum at maturity.

By admin

Leave a Reply

Your email address will not be published. Required fields are marked *