Difference between cumulative and non-cumulative fixed deposit?

In cumulative fixed deposit, interest is compounded every quarter or year and paid at the time of maturity.

In a non-cumulative FD, interest is paid out monthly, quarterly, half-yearly, or annually, as per the investor’s choice.

Suitability:
Cumulative FDs help you build a corpus by saving a large amount.
Non-cumulative FDs help you earn regular interest payouts for meeting your daily expenses.

Cumulative FDs work best for individuals seeking to save and grow their savings.
Non-cumulative FDs work best for pensioners who seek a regular income from their savings.

Returns:
Both FDs offer better returns than a savings account.

A cumulative FD offers a higher return than non-cumulative.

Also Check: Bajaj Finance FD

  • Special tenor scheme

Choose your Fixed Deposit amount

INR

Choose your investment tenor (in months)

Months

Rs. 25,000

is your principal amount

Rs. 26,900

is Your maturity amount

Rs. 1,900

is Your interest earned

Fixed Deposit - Request a Call Back

Please enter your first and last name
Please enter 10-digit mobile number

People Also Considered

Mutual_Fund_PAC

Mutual Fund

The smart way to generate wealth via diversified investments

APPLY NOW
Home Loan People Considered Image

Home Loan

High top up amount on Balance Transfer

APPLY NOW

Flexi Loan

Withdraw when you need, prepay when you can

KNOW MORE

Loan Against Fixed Deposit

Secured and hassle-free finance for all your needs

APPLY NOW