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Here’s How the Bajaj Finance FD Interest Calculator Helps You

If you are looking for an instrument that can provide steady growth for your investment without subjecting it to any risk then a fixed deposit would be the right option for you.

If you are looking for an instrument that can provide steady growth for your investment without subjecting it to any risk then a fixed deposit would be the right option for you. However, since the bank FD rates have been reduced, you can invest in a company FD that offers a higher interest rate. 

Bajaj Finance is providing an interest rate of up to 7.35% on its fixed deposit plans. It is almost 2% higher than the FD rates that are offered by banks and more than 1.5% higher than the interest rate offered by Post Office FD plans.

However, it is also essential to find the returns that you would expect to get on the completion of the FD tenor. Instead of using a complicated formula to calculate the FD returns, you can use an FD calculator that reflects the maturity value and interest earnings with few inputs and one click.

Bajaj Finance provides an efficient FD calculator on its website. With the help of this online tool, you can find the accurate value of your deposits and it also assists you to plan your finances effectively. 

For calculating the FD returns, you only need to select your customer category, choose an FD type (cumulative or non-cumulative FD) that you want to invest in, and enter values like deposit amount and tenor.

Apart from the calculation part, this calculator also helps you in the following ways:


If you have set a monthly budget to manage your expenses, the fixed deposit calculator will help you to choose an investment amount and tenor that would generate the required interest payout. 

For example, let’s assume that you need Rs. 20,000 to cover your monthly expenses. Therefore, you can deposit Rs. 35,00,000 for 5 years in a non-cumulative FD with monthly interest payout as it will provide an interest payout of Rs. 20,738 every month.

Bajaj Finance FD also provides quarterly, six-monthly, and yearly interest payouts and you can choose a payout frequency that suits your expense plans.

Planning for long time goals 

You can invest in an FD for fulfilling your long term financial goals as well. An FD calculator will help you plan your long term investment as you will get an idea about the tenor and amount that you would require to reach your goals. 

If you plan to raise a huge corpus by investing in a fixed deposit then you can deposit in a cumulative FD plan of Bajaj Finance. 

For example, for raising a corpus of Rs. 10,00,000 you can invest Rs. 23,50,000 for 5 years as it will accumulate Rs. 10,00,257 at maturity. Or else, you can choose a tenor of 36 months and reinvest Rs. 29,07,194 that you will receive at maturity for another 3 years for raising a corpus of more than 12 lakhs with the same investment amount. 

An FD calculator will help you to make such smart decisions when it comes to immediate expenses and long term investments as well. The Bajaj Finance fixed deposit calculator enables you to check the returns of both cumulative and non-cumulative FD plans simultaneously to provide you with a clear  picture.

Easy and accurate calculation 

The FD calculator from Bajaj Finance is programmed in such a way that it provides faster and accurate results each time. It is easy-to-use and saves your time while calculating the returns. Senior citizens can use it to plan their retirement. 

Bajaj Finance FD rates in 2020 are shown in the table below:

Annual rate of interest valid for deposits up to Rs.5 crore (w.e.f 04 Jul 2020)

Tenure in Months Minimum deposit (in Rs.) Cumulative Non-Cumulative
Monthly Quarterly Half Yearly Annual
12 – 23 25,000 6.90% 6.69% 6.73% 6.79% 6.90%
24 – 35 7.00% 6.79% 6.82% 6.88% 7.00%
36 – 60 7.10% 6.88% 6.92% 6.98% 7.10%

Senior citizens get an additional 0.25% FD rate and non-senior citizens get an additional 0.10% FD rate if they invest online. Also, if you auto-renew your FD, you can earn an additional interest rate benefit of 0.10%. It is safe to invest in this FD scheme as it has received high ratings from CRISIL (FAAA/stable) and ICRA (MAAA/stable) for its stability and safety.


Gaurav Khanna is an experienced financial advisor, digital marketer, and writer who is well known for his ability to predict market trends. Check out his blog at Highlight Story

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