Fixed Deposit (FD) Calculator
Calculate fixed deposit returns, monthly interest, and maturity amount based on the tenure. Plan your investments better with Bajaj Finance
Fixed deposit variants
NRI Fixed Deposit Calculator
Calculate your return to invest better
Frequently asked questions
An FD Calculator is a simple online tool that lets you estimate your interest earnings and maturity amount. Just enter your deposit amount, tenure, and interest rate to instantly see your potential returns—no manual calculations needed.
Using an FD calculator online is quick and easy. Follow these steps:
- Select your customer category – regular investor (below 60) or senior citizen.
- Choose the type of FD – cumulative or non-cumulative.
- Enter the deposit amount.
- Select your preferred tenure.
- The calculator will instantly display the estimated interest earnings and maturity amount.
The Bajaj Finance FD interest calculator helps you plan your investments efficiently by providing accurate returns before investing, ensuring better financial management.
Using the fixed deposit Calculator is simple and helps you estimate both interest earnings and maturity amount. Follow these steps:
- Select your Customer Type – either a regular investor or a senior citizen.
- Choose the FD Type – Cumulative, Interest Payout (Monthly/Quarterly), or Short-term FD.
- The FD Start Date is auto-filled as the current date.
- Enter the FD Amount you wish to invest.
- Choose the Tenure Format – either a combination of Years/Months/Days or only Days. Fill in the preferred tenure accordingly.
- The calculator will automatically display the applicable interest rate, interest earned, maturity date, and maturity amount.
Yes, you can opt for monthly interest payouts with Bajaj Finance Fixed Deposits. The FD calculator lets you choose your payout frequency (e.g., monthly, quarterly, half-yearly, annually) and tenure to determine your returns.
The maturity amount in a Fixed Deposit (FD) is the total amount you receive at the end of the investment term. It comprises your initial investment (principal amount) plus the accumulated interest earned over the FD's tenure.
Based on payout frequency, these two fixed deposit types are distinct from one another. A cumulative fixed deposit is used to pay the interest at maturity after it has been compounded annually. The interest is paid out either monthly, quarterly, half-yearly, or annually in a non-cumulative fixed deposit, depending on your needs.
You can book a Bajaj Finance FD with just Rs. 15,000.
Bajaj Finance offers up to 7.30% p.a. to senior citizens on their FD.
Bajaj Finance offers interest rates of up to 6.95% p.a. for customers below the age of 60.
The minimum tenure for a Bajaj Finance Fixed Deposit is 12 months, and the maximum tenure is 60 months.
An FD Calculator uses the compounding formula based on the frequency of interest payout—monthly, quarterly, or at maturity. It calculates how your interest is reinvested over time to give you the final maturity amount and total interest earned.
Most FD calculators do not include tax calculations. However, you can manually factor in TDS (Tax Deducted at Source) or applicable income tax to estimate post-tax returns. For precise tax implications, consulting a tax advisor is recommended.
Yes, you can use the FD calculator to try out different scenarios by changing the deposit amount, tenure, customer type, and interest payout option. It helps you compare options and plan effectively based on your financial goals.
For large investments, an FD calculator ensures clarity on interest earnings, maturity amounts, and timelines. It allows you to evaluate different tenure and payout options, enabling better financial planning and helping you maximise returns while avoiding miscalculations.
To avoid TDS on Fixed Deposit interest, individuals can submit Form 15G (for those below 60 years) or Form 15H (for senior citizens). These declarations confirm that the investor’s total income is below the taxable limit, ensuring no TDS deduction by the bank or financial institution.
If the principal and maturity amounts are identical, it means the FD was booked under a non-interest-bearing scheme or the interest was withdrawn periodically instead of compounding. In non-cumulative FDs, where interest is paid out regularly, the maturity amount remains equal to the initially deposited principal.
To avoid TDS on interest income from FDs, submit Form 15G (for individuals below 60) or Form 15H (for senior citizens) to the financial institution, provided your total income is below the taxable limit.
If your principal and maturity amount are the same, it's likely because the FD is non-interest-bearing or was closed before earning interest. It could also happen if TDS or penalties were deducted. Check the FD details with your bank or issuer.
Yes, most banks and financial institutions charge a penalty for premature FD withdrawals. This usually involves a reduced interest rate or a nominal charge, which can lower your final payout. Check the terms and conditions before investing.
