Your child's education journey covers school, private tuitions, professional courses, and higher education in domestic institutes and even colleges overseas.Earlier, the fees and costs associated with this journey was fairly affordable. However, due to increasing competition and inflation, cost of education for children has become significantly expensive.As a parent, it is important to look at investment options that help you grow your savings over time. However, before you choose an investment option, it is important to consider the risk involved, so you can get guaranteed returns. In such a scenario, no other investment plan is better than a fixed deposit.Bajaj Finance Fixed Deposit is a great investment avenue for parents seeking stable returns over a fixed period of time. These deposits offered by Bajaj Finserv, through its lending and investment arm Bajaj Finance Ltd, offer an attractive FD interest rate of up to 8.70 per cent.Continue reading to know why FDs are the best option .
