FD Calculator

Calculate fixed deposit returns using FD interest calculator online.

FD calculator

Fixed Deposit Calculator

Plan your investments better

Fixed Deposit Calculator

When investing in a fixed deposit, the amount you deposit earns interest as per the prevailing FD interest rate. This interest keeps compounding over time and helps you grow your savings. Calculating all these details manually can be a tedious and time-consuming process. With the FD return calculator, you can now estimate the interest gains and FD maturity amount without must hustle.

The FD calculator can assist you in determining how much interest you can receive by investing in a fixed deposit for a set period. The maturity amount is calculated using an online FD interest calculator, interest compounded annually.

How can an FD calculator help you?

An fixed deposit calculator enables you to compare the maturity amount and interest rates of FDs offered for varied investment amount.

  • Estimating the maturity value of a Fixed Deposit can be a laborious task, given its intricate nature with various factors. However, with an fixed deposit calculator, you can effortlessly obtain precise results.
  • This tool not only simplifies the process but also saves you considerable time that would otherwise be spent on intricate calculations.
  • Furthermore, an fixed deposit return calculator allows you to compare the maturity amounts and interest rates offered by diverse financial institutions, empowering you to make well-informed decisions based on a comprehensive understanding of the figures.

How to calculate FD interest?

The FD return calculator helps in determining the interest and the maturity amount of your investment.

The formula to determine FD maturity amount

There are two types of FD that you may avail of – simple interest FD and compound interest FD.

The fixed deposit calculator for simple interest FD uses the following formula

M = P + (P x r x t/100)


  • M is the maturity amount
  • P is the principal amount that you deposit
  • r is the rate of interest per annum
  • t is the tenure in years

For compound interest FD, the FD return calculator uses the following formula –

M= P + P {(1 + i/100) t – 1}


  • M is the maturity amount
  • P is the principal amount
  • i is the rate of interest per period
  • t is the tenure

For 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. 16 July,2024)

Interest earned


Maturity amount (Rs.)


7.40% p.a.




7.80%  p.a.




8.10%  p.a.




8.40% p.a.




8.25%  p.a.




8.10% p.a.



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. 16 July, 2024)

Interest earned


Maturity amount (Rs.)


7.65% p.a.




8.05% p.a.




8.35% p.a.




8.65% p.a.




8.50% p.a.




8.35% p.a.




Advantages of using Bajaj Finance FD calculator India

There are several advantages of using a FD amount calculator, including:

  1. Accuracy: The Fixed deposit calculator is highly accurate and reliable, as they use advanced algorithms to calculate the interest earned on a fixed deposit, taking into account factors such as the deposit amount, tenure, and interest rate.
  2. Convenience: With the FD calculator, you can easily calculate the interest earned on your fixed deposit from the comfort of your home or office, without the need to visit a bank or financial institution.
  3. Time-saving: FD interest calculators are designed to provide quick results, enabling you to calculate the interest earned on your fixed deposit in a matter of seconds.
  4. Comparison: The FD interest calculator also allows you to compare the interest rates offered by different banks and financial institutions, helping you make an informed decision on where to invest your money.
  5. Planning: The online FD calculator can help you plan your finances more effectively by providing a clear picture of the interest earned on your fixed deposit, enabling you to make better financial decisions.

Overall, the fixed deposit interest calculator is a valuable tool for anyone looking to invest in a fixed deposit, as it provides accurate and reliable calculations, is highly convenient and time-saving, and helps with financial planning and decision-making.

How to use Bajaj Finance’s FD calculator?

Follow these steps to use the 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.

Why invest in Bajaj Finance Digital FD?

Bajaj Finance Digital FD is a compelling investment option for investors. It offers some of the highest interest rates in the market, going up to 8.65% p.a., allowing your savings to grow significantly over time. The online application process is simple and convenient, help you to book an FD account from anywhere, at any time, through the Bajaj Finserv app or website.

Features and Benefits of Bajaj Finance Fixed Deposit

Here is a quick look at the features and benefits offered on fixed deposits by Bajaj Finance.

Interest rate

Up to 8.65% p.a.

Minimum tenure


Maximum tenure


Deposit amount

Minimum deposit of Rs. 15,000

Application process

End-to-end online process

Online payment options

Netbanking and UPI

FD calculator

NRI Fixed Deposit Calculator

Calculate your return to invest better

As an NRI, you can invest in a Bajaj Finance Fixed Deposit, wherein you earn fixed interest on the amount deposited, which compounds over time. The NRI FD Calculator is a simple tool that helps you determine your maturity amount so that you can plan your investment. All you need to do is enter the desired deposit amount, choose a suitable tenure, and you will automatically see the returns on your deposit at maturity, even before you start investing.

Frequently asked questions
Why should I invest in a Bajaj Finance Fixed Deposit? Done

How to use an FD calculator online?

The Bajaj Finance FD interest calculator simplifies your investment planning. Select your customer type, deposit amount, and tenure and payout frequency (maturity, monthly, quarterly, half-yearly, yearly) The calculator instantly displays your interest and maturity amount, helping you make informed investment decisions.

How to calculate the fixed deposit maturity amount?

Easily calculate your fixed deposit maturity amount with the FD calculator. Select your customer category (senior citizen or under 60), FD type (cumulative or non-cumulative), deposit amount, and tenure. The calculator displays your interest and maturity amount, aiding your investment decision-making. The interest rate will vary based on your chosen FD type and tenure, so utilising the FD calculator ensures you have a clear picture of your potential returns in less than a minute.

How to calculate FD rate?

The returns on your fixed deposit investment are determined by your interest rates and frequency of interest payouts. These interest rates are compounded periodically, and the formula supporting the FD interest rates calculator is listed below.
Here's the FD calculation formula:
A is maturity amount
P is the principal amount
r is the rate of interest
t is the number of years
n is compounded interest frequency

Can we get monthly interest on a fixed deposit?

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.

What is the ‘maturity amount’ in FD?

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.

What is the difference between Bajaj Finance’s cumulative and non-cumulative payout options?

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.

How is premature FD penalty calculated?

Bajaj Finance offers its customers the option of premature withdrawal of FD. The guidelines for the same are:

  1. "No withdrawals are allowed in the first three months."
  2. "No interest is paid for withdrawals after three months but before six months."
  3. "In case of deposit withdrawn between 6 months to the date before maturity of the deposit, the interest rate payable will be 2% lower than the one specified for the period for which the deposit has run."
  4. "In case of no rate specified for the period the scheme has run, the interest rate payable will be 3% lower than the lowest rate at which deposits are accepted by Bajaj Finance Limited."
How does the FD calculator help in future financial planning?

The FD calculator aids future financial planning by estimating returns, setting goals, assessing risk, and planning for liquidity needs.

How much time does it take to use the FD calculator?

Using the FD calculator is quick, typically taking just a few minutes to input details and receive an estimated maturity amount.

What is the minimum amount required to open an FD?

You can book a Bajaj Finance FD with just Rs. 15,000.

What is the interest rate on FDs for Senior Citizens?

Bajaj Finance offers up to 8.65% p.a. to senior citizens on their FD.

What is the interest rate on FD for General Citizens?

Bajaj Finance offers interest rates of up to 8.40% p.a. on fixed deposit for customers below the age of 60.

What is the minimum and the maximum tenure for a Fixed Deposit?

The minimum tenure for a Bajaj Finance Fixed Deposit is 12 months, and the maximum tenure is 60 months.

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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.