AAA rated | Interest rates up to 7.75% p.a. | Open with just Rs. 15,000
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When you invest in a fixed deposit (FD), your principal amount earns interest based on the applicable FD interest rate. Over time, this interest compounds, helping your savings grow steadily and securely.
Doing these calculations manually can be tedious and prone to mistakes, since it involves multiple steps and formulas.
With an FD calculator, the process becomes effortless, it gives you instant and accurate estimate amount, so you can plan your investments better and make confident financial decisions.
Want to earn high interest rates of up to 7.75% p.a. on Fixed Deposits? - Click here and book your FD now!
How can an FD calculator help you?
FD for beginners
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A Fixed Deposit calculator makes investment planning simple by taking away the hassle of manual calculations. Different tenures and payout options can make it tricky to figure out returns on your own, but this tool does it instantly for you.
- Get the exact maturity value of your FD based on the deposit amount, tenure, and applicable interest rate, no guesswork involved.
- Forget about lengthy calculations or spreadsheets, just enter your details and get the numbers right away.
If you are exploring options across banks or NBFCs, the calculator lets you compare returns side by side, so you can choose the most rewarding plan.
Whether you are new to investing or looking to make your money work harder, an FD calculator is a smart starting point for confident decision-making.
Senior citizens earn more! – Get an extra up to 0.35%p.a. interest on FD. Check Eligibility
Features and benefits of Bajaj Finance Fixed Deposit
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Here is a quick look at the features and benefits offered on fixed deposits by Bajaj Finance.
Interest rate
Up to 7.75% p.a.
Minimum tenure
12 months
Maximum tenure
60 months
Deposit amount
Minimum deposit of Rs. 15,000 to Rs. 3 crore
Application process
End-to-end online process
Online payment options
Netbanking and UPI
Fixed Deposit variants
Get ROI up to
7.75% p.a.
Senior citizen
Starting with just Rs. 15,000
Get ROI up to
7.40% p.a.
Age below 60 years
Starting with just Rs. 15,000
Get ROI up to
7.40% p.a.
Minor
Starting with just Rs. 15,000
Get ROI up to
7.40% p.a.
HUF
Starting with just Rs. 15,000
Get ROI up to
7.40% p.a.
Sole proprietor
Starting with just Rs. 15,000
Advantages of using Bajaj Finance Fixed Deposit
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The Bajaj Finance FD Calculator is a handy tool that makes investment planning easier and more reliable. Here’s how it helps:
- Accurate return estimates
It works out your FD interest precisely, based on the amount invested, the applicable rate, and the tenure you select—leaving no space for guesswork. - Easy and convenient
You can check your returns anytime, anywhere—right from your phone or laptop—without paperwork or branch visits. - Instant results
No more manual calculations. The tool shows you your expected maturity value within seconds. - Compare better
Unsure where to invest? Use it to compare returns across banks and NBFCs, and choose the option that best matches your goals. - Smarter financial planning
With a clear view of your potential returns, it becomes easier to budget effectively and align investments with both short- and long-term objectives.
- Accurate return estimates
How to use Bajaj Finance FD calculator?
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Follow these steps to use the Bajaj FD Calculator:
Step 1: Choose the customer type like: Customer below the age of 60 years or Senior Citizens.
Step 2: Enter the “Deposit Amount” or use the slider to choose the “Deposit Amount.
Step 3: Enter the “Deposit Tenure” or select from the slider.
Step 4: Choose your payout mode like whether you want your interest payout at maturity, monthly, quarterly, half-yearly or yearly.
How to calculate FD interest?
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When investing in a Fixed Deposit (FD), you will generally come across two options: Simple interest FD and compound interest FD. To make it easier to understand potential earnings, Bajaj Finance provides online calculators for both.
Simple interest FDIn this type, the interest is calculated only on the original amount you invest. The maturity value is worked out using the formula:
M = P + (P × r × t / 100)
Where:
- P = Principal (amount invested)
- r = Annual interest rate
- t = Tenure in years
Example:
If you place Rs. 1,00,000 in a simple interest FD for 5 years at 10% p.a., your maturity amount would be calculated using the above formula.M = P + P × {(1 + i / 100)^t – 1}
Where:
- P is the principal amount
- i is the interest rate per compounding period
- t is the number of years
Example:
Using the same figures (Rs. 1,00,000 for 5 years at 10% p.a.),
M = Rs. 1,00,000 × {(1 + 10 / 100)^5 – 1}
M ≈ Rs. 1,61,051For an investment amount of Rs. 15,000, below is the interest earned and FD maturity amount for customers below the age of 60.
Period (in months)
Interest rate (w.e.f 01 May, 2026)
Interest earned (Rs.)
Maturity amount (Rs.)
12
6.60%
990
15,990
15
6.85%
1,285
16,285
24
7.40%
2,157
17,157
60
7.40%
5,989
20,989
For an investment amount of Rs. 15,000, below is the interest earned and maturity amount for senior citizens.
Period (in months)
Interest rate (w.e.f 01 May, 2026)
Interest earned (Rs.)
Maturity amount (Rs.)
12
6.95%
1,043
16,043
15
7.20%
1,352
16,352
24
7.75%
2,270
17,270
60
7.75%
6,335
21,335
Frequently asked questions
FD Calculator
What is an FD Calculator?
An FD Calculator is an online tool that helps you figure out how much you’ll earn from your fixed deposit. Just enter the amount you want to invest, the interest rate, and the tenure—and it instantly shows your estimated interest and total maturity value. No need for manual math or spreadsheets.
How to use an fixed deposit calculator online?
Using an fixed deposit 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.
How to calculate the fixed deposit maturity amount?
Here’s how you can calculate it easily using the FD calculator:
- Start by selecting your category—senior citizen or regular investor.
- Next, decide on the FD option: do you prefer receiving periodic interest payouts (monthly, quarterly, etc.) or a lump sum at maturity?
- The calculator sets today’s date as the start date.
- Enter the amount you would like to deposit.
- Select your preferred tenure: Whether in years, months, or even days.
Once you fill in these details, the calculator instantly displays the applicable interest rate, total interest earned, maturity date, and the final payout you can expect.
How does an FD calculator handle compound interest?
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.
Can I use an FD calculator to estimate the tax implications of different FDs?
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.
Which are the forms to submit to avoid Tax Deduction at Source?
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.
Can I get monthly interest on a Fixed Deposit?
Yes. With Bajaj Finance FDs, you have the option to receive interest every month. If you prefer, you can also choose quarterly, half-yearly, or yearly payouts—or let the interest accumulate and receive the full amount at maturity. The FD calculator can help you see exactly how much you’ll earn under each option.
What does ‘maturity amount’ mean in an FD?
The maturity amount is the total sum you receive once your FD tenure ends. It includes both your original investment (the principal) and the interest earned during the deposit period.
What is the difference between cumulative and non-cumulative FDs?
The difference lies in how interest is paid out.
- In a cumulative FD, the interest is compounded and added to your deposit, and you receive the lumpsum (principal + interest) at maturity.
- In a non-cumulative FD, the interest is paid out at regular intervals—monthly, quarterly, half-yearly, or annually—depending on what you choose.
What is the minimum investment required to open a Bajaj Finance FD?
You can start a Bajaj Finance FD with as little as Rs. 15,000, making it accessible to all types of investors.
What is the FD interest rate for senior citizens?
Senior citizens can earn interest rates of up to 7.75% p.a., which is higher than the regular rates, providing them with a safe and rewarding way to grow their savings.
What is the FD interest rate for customers below 60 years?
General investors can earn up to 7.40% p.a., depending on the tenure and amount invested.
What is the minimum and maximum tenure for an FD?
You can invest in a Bajaj Finance FD for as short as 12 months or as long as 60 months, based on your financial plans.
How does the FD calculator factor in compound interest?
The FD calculator uses the compound interest formula. It takes into account the deposit amount, interest rate, tenure, and compounding frequency (monthly, quarterly, etc.) to give you an accurate estimate of your maturity value.
Can I use the FD calculator to understand tax implications?
The calculator itself doesn’t show tax deductions, but it does give you the total returns. You can then apply your tax bracket and TDS rules to see the post-tax earnings.
Can I use the FD calculator for different scenarios?
Yes. You can try out various combinations—changing the deposit amount, tenure, or payout option. This makes it easy to compare returns and pick the option that fits your financial goals.
What are the benefits of using an FD calculator for large investments?
For big-ticket deposits, the FD calculator helps you clearly see how much interest you’ll earn, the maturity amount, and when you’ll receive it. This makes planning easier and helps you choose the best tenure and payout option.
Which forms do I need to submit to avoid TDS on FD interest?
If your total income is below the taxable limit, you can submit Form 15G (if you’re under 60) or Form 15H (if you’re a senior citizen). Submitting these forms at the beginning of the financial year ensures smooth processing.
Why is my FD maturity amount the same as my principal?
This can happen if:
You opted for a non-cumulative FD, where interest is paid out periodically instead of being added to the principal.
- The FD was closed prematurely, so no interest accrued.
- TDS or penalties were deducted.
- In rare cases, it may be a zero-interest FD. It’s best to check with your bank or NBFC to confirm the reason.
Do I need to pay a penalty for closing my FD early?
Yes, premature withdrawals usually attract a small penalty. This typically means the interest rate applied will be lower than the original contracted rate. Always review the terms and conditions before breaking your FD.
Can I use an FD calculator for different investment scenarios?
Yes. The FD calculator is designed to be flexible—you can adjust the deposit amount, tenure, customer type (regular or senior citizen), and payout option to see how your returns change. It’s a simple way to explore multiple plans and find one that best fits your financial needs.
Why use an FD calculator for large investments?
When you’re putting in a significant amount, even small differences in tenure or interest rates can affect your earnings. An FD calculator gives you a clear picture of your expected returns and maturity timeline, making it easier to compare options and plan with confidence.
What mistakes should I avoid while using an FD calculator?
Some common errors include entering the wrong deposit amount or tenure, choosing the incorrect customer category, or mixing up payout modes. Double-checking these details ensures the calculator reflects your actual investment plan and gives accurate results.
How does an FD calculator help with big deposits?
If you’re investing a large sum, an FD calculator can be very useful. It shows you your exact maturity value, helps compare interest across different tenures, and gives clarity on earnings. This way, you can manage risks better and maximise your returns.
Check monthly interest for different FD amounts
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Disclaimer
As regards deposit taking activity of Bajaj Finance Ltd (BFL), the viewers may refer to the advertisement in the Indian Express (Mumbai Edition) and Loksatta (Pune Edition) furnished in the application form for soliciting public deposits or refer https://www.bajajfinserv.in/fixed-deposit-archives
The company is having a valid Certificate of Registration dated March 5, 1998 issued by the Reserve Bank of India under section 45 IA of the Reserve Bank of India Act, 1934. However, the RBI does not accept any responsibility or guarantee about the present position as to the financial soundness of the company or for the correctness of any of the statements or representations made or opinions expressed by the company and for repayment of deposits/discharge of the liabilities by the company.
For the FD calculator the actual returns may vary slightly if the Fixed Deposit tenure includes a leap year.