Most of the time, gratuity money represents your life savings because it is acquired at the time of retirement or changing jobs. You could make more money if you put money into a gratuity fund. You might be hesitant to put them in high-risk ventures, though.
If you invest gratuity money in a Bajaj Finance Fixed Deposit (FD), you will receive higher FD rates of up to 8.60% p.a. It is interesting to note that your money will also be secure because one of the safest investment alternatives is a fixed deposit. Additionally, Bajaj Finance Fixed Deposits enjoy a [ICRA]AAA(Stable), indicating the highest level of safety and lowest investment risk. BFL FD have also a rating of CRISIL AAA/ STABLE, which is another reason to invest.
You can use the FD calculator to determine how much interest you can earn by investing your gratuity amount in fixed deposit.