Streamline Your Financial Plan With Bajaj Finance FD Calculator
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Streamline Your Financial Plan with Bajaj Finance Fd Calculator

  • Highlights

  • FD calculator tracks your financial plan

  • Choose from cumulative and non-cumulative schemes

  • Attractive Bajaj Finance FD Rates

  • Adjust your FD investment as per expenses


The cost of living is dynamic. Financial goals are unique to each of you, which keep changing with time, and age. Some of the major investments include health care, education, property rent or purchase, renovation, vehicle ownership and more.

Bajaj Finance FD Calculator

Bajaj Finance Fixed Deposit (FD) calculator lets you map your investments to your expenses. It includes principal amount, tenor, customer type and type of fixed deposit. It is very easy to use. Here are the inputs that you need to give:
- Choose your customer type (any one of the 3) - New Customer/Existing Loan Customer/Senior Citizen
- Choose the type of fixed deposit that you want, i.e. Cumulative or Non-cumulative

- Choose your fixed deposit amount
- Choose the tenor of fixed deposit - 12-60 months
Once these data are entered, the FD calculator automatically reflects your maturity amount and the interest earned.
Here’s a look at how to use the FD calculator for maximum returns.

Bajaj Finance FD Calculator

The minimum deposit for Bajaj Finance FDs is Rs. 25,000.
You do not have to feed the interest rate. When you choose the customer type, and the FD type, the corresponding interest rate gets highlighted. The interest rates vary with the tenor.
The interest rates offered on Bajaj Finance FD against different tenors for ‘new customer’ are as follows.
Bajaj Finance FD offers interest rates against different tenors, for ‘new customers’, ‘existing customers’ and Senior Citizens enjoy additional 0.35% interest rates. The existing loan customers also get a different and better interest rate for a given tenor.
There are both cumulative and non-cumulative options available. In the Bajaj Finance Cumulative Fixed Deposit scheme, the interest is compounded annually. It is paid at the time of maturity along with the principal.
In Bajaj Finance non-cumulative Fixed Deposit scheme, the interest is paid out monthly, quarterly, half-yearly, or annually. Depending on your financial goal, you might withdraw at shorter intervals.
Additional Read: 5 Best Recommended Investment Schemes For Senior Citizens

Bajaj Finance Fixed Deposit Calculator

Investment For 1-2 years with monthly payouts

Suppose you need monthly payouts for 1-2 years to pay for the school fees or home health care for elderly parents, you can choose non-cumulative fixed deposit scheme with monthly interest payment frequency.
If you invest Rs. 5 lakh for 2 years with monthly payouts, you will earn a total interest of Rs. 75,300.
If you need more than that monthly, then you need to change your principal amount.
Additional Read: How to choose the best FD plan in 2018

Require money after 2 years for vacation, advance course etc.

Investment of Rs. 5 lakh for 2 years will give you total interest of Rs. 81,042 due to cumulative effect.
Bajaj Finance FD calculator helps to track your financial plan by mapping the interest earned on your investments.

Bajaj Finance is now offering high rate of interest up to 9.10%*

*For senior citizens, on a cumulative scheme tenor of 36-60 months
 

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