Knowing how much to invest and how long is critical to getting the best results. A fixed deposit can be used for either short or long-term investments. An FD calculator can help you determine which choice is best for you. Tools like the Bajaj Finance Fixed Deposit Interest Calculator can help you plan your investment because fixed deposits have a fixed interest rate and guaranteed returns. You can invest and finance future obligations if you know your predicted maturity amount.
This FD calculator determines your returns based on your investment amount, selected tenure, and fixed deposit interest rate. The specified deposit interest calculator is available on any digital device and is free to use.
What is the best way to use a Bajaj Finance FD calculator?
Follow these simple steps to utilise our fixed deposit interest calculator: Go-to the FD calculator’s official website., Then Select b/w ‘Senior citizen’ and ‘Customer under the age of 60.’ fill the amount and term of the investment. and now choose ‘On maturity,’ ‘Monthly,’ ‘Quarterly,’ ‘Half-yearly,’ or ‘Yearly’ as your chosen payout mode.
Your findings will be presented automatically after entering all of the data into the appropriate fields. It only takes a few seconds, and you can get a thorough breakdown by selecting the ‘Compare Interest Payouts’ option. After following these instructions, using the Bajaj Finance Fixed Deposit interest calculator is straightforward. There are a few advantages to doing so.
Compare various FD deals to find the most profitable one.
It would help if you compared various offerings before making an investment decision. You can use a fixed deposit calculator to estimate your earnings for different fixed deposit interest rates, tenors, and investment amounts. Comparing the returns on several deals will help you choose the best possibilities. Some offerings may be more suited for the short term, with lesser long-term profits. By comparing the various options, you can determine which one is the most advantageous for your financial goals.
Get a precise estimate of your profits.
Making an investing selection requires knowing how much you will earn at maturity. Poor financial decisions can result from an erroneous estimation of your wages. You won’t have to worry about this with a fixed deposit interest calculator because it always produces correct figures. You only need to double-check that your investment amount, tenor, and age are right.
Find the best time to invest to meet your objectives.
Your maturity amount is determined by several criteria, including the length of your investment. Finding the right tone might help you maximise your profits. Adjusting the tenor is possible with a fixed deposit interest calculator.
Manually adjusting the tenor will help you identify the best one with a clear maturity objective. Bajaj Finance offers tenors ranging from 12 to 60 months, offering you plenty of options for investing.
For non-senior citizens, the revised interest rates are:
| Period | Cumulative | Non-Cumulative | |||
| At Maturity(% p.a.) | Monthly(% p.a.) | Quarterly(% p.a.) | Half Yearly(% p.a.) | Annual(% p.a.) | |
| 12 – 23 months | 5.75 | 5.60 | 5.63 | 5.67 | 5.75 |
| 24 – 35 months | 6.40 | 6.22 | 6.25 | 6.30 | 6.40 |
| 36 – 60 months | 6.90 | 6.69 | 6.73 | 6.79 | 6.90 |
Additional rate benefits of up to 0.25% are offered to senior citizens. The revised interest rates are:
| Period | Cumulative | Non-Cumulative | |||
| At Maturity (% p.a.) | Monthly(% p.a.) | Quarterly(% p.a.) | Half Yearly(% p.a.) | Annual(% p.a.) | |
| 12 – 23 months | 6.00 | 5.84 | 5.87 | 5.91 | 6.00 |
| 24 – 35 months | 6.65 | 6.46 | 6.49 | 6.54 | 6.65 |
| 36 – 60 months | 7.15 | 6.93 | 6.97 | 7.03 | 7.15 |
Always keep your financial goals in mind when investing. Decide on the purpose of your investment to be able to decide on the best terms. Use the FD calculator offered by Bajaj Finance to understand the financial implications of your decisions and invest appropriately. To earn generously and enjoy secured returns, invest in a Bajaj Finance Fixed Deposit. You can start your journey with a minimum deposit of Rs.25,000 and access the competitive fixed deposit interest rates. Moreover, with an accessible digital application process, you can invest online in just a few minutes without ever having to leave the comfort of your home.
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