Everyone in the world, irrespective of creed, nationality, gender or economic background, wants to age gracefully. This is the quintessential aim that we as humans have embodied. One of the fundamental aspects of aging gracefully is to be able to enjoy the fruits of the effort put in before retirement. Hence, the perfect gift would be one which offers the ability to embrace the freedom that comes with retirement without any bounds.
FD for senior citizens is one of the most effective ways to provide your father with such a future, free from worries and obstacles that might emerge due to lack of financial stability. Learn about what makes this financial scheme one of the best gifts for honoring your father and paving the way for him to enjoy a graceful and respectful second innings of life:
Increased Control and Independence
Not being able to exercise control over one’s finances is the biggest nightmare that every investor fears. The key to a future that allows one’s father to age gracefully is to remove this fear completely, a task which is easily achievable with the help of FD for senior citizens.
Not only does this scheme allow the investor to exercise control over their investments, it also allows them to define the interest payout frequency and the tenor. Moreover, with the help of the FD calculator, your father can also determine the maturity amount associated with his investment plan.
The FD interest rates for senior citizens is higher as compared to those associated with normal accounts. The increased interest rate, which is almost 0.35% higher than the normal interest rate for Fixed Deposits, is a definite means to get rid of most financial woes.
This is no small step, as financial stress often accounts for some of the worst diseases that lurk in the depths of old age, such as heart attack, high blood pressure and so on. What better way to show respect and admiration to your father than by gifting him a life free of stress and health risks?
You can also help your father avail instant financing with Bajaj Finserv’s pre-approved offers on loans, cards, insurance and investments. With lower waiting times, faster processing and minimal documentation, you can look out for an easier financing option.
Better Convenience and Efficiency
In a world that is becoming more digital by the minute, ease and convenience are some of the main implications for users. With the help of the intuitive interface of Bajaj Finance, you can now open a whole new world of simplicity and efficiency for your father. With the help of the online portal, he can now manage his investments, tenor as well as interest payout frequency among other aspects with incredible ease. The online portal makes both application as well as the management of Fixed Deposits extremely convenient, with most financial decisions being just a few clicks away once you get used to the interface.
With Bajaj Finance, you can be rest assured that you add some real and authentic value to your father’s life this Father’s Day. Gone are the days when pens or a blazer used to be a token of appreciation for a lifetime of support! With the FD for senior citizens investment plan, you have the chance to make a definitive difference in the life of the person who nurtured you during some of the most tender and helpless moments of your life. Learn how to add more value to your FD investments or how to exercise more control over the maturity period of your investment and add more value to this gift of yours, this Father’s Day.