The table below presents the interest amounts earned, considering various interest rates, for an investment of Rs. 10 lakh in an FD:
Deposit Amount
|
Interest Rate (p.a.)
|
Monthly Interest Payout
|
Rs. 10 lakh
|
6.00%
|
Rs. 5,000
|
Rs. 10 lakh
|
6.50%
|
Rs. 5,416
|
Rs. 10 lakh
|
7.00%
|
Rs. 5,833
|
Rs. 10 lakh
|
7.50%
|
Rs. 6,250
|
Rs. 10 lakh
|
8.00%
|
Rs. 6,667
|
Rs. 10 lakh
|
8.50%
|
Rs. 7,083
|
Rs. 10 lakh
|
9.00%
|
Rs. 7,500
|
Rs. 10 lakh
|
9.50%
|
Rs. 7,717
|
Rs. 10 lakh
|
10.00%
|
Rs. 8,333
|
Interest Earnings on Bajaj Finance FDs – Real Examples
By investing Rs. 10 lakh in an FD with Bajaj Finance for a long tenure, investors can enjoy a relatively higher interest rate. Adjusting the investment duration between 12 to 60 months enables investors to align FDs with their specific short-term or long-term financial goals.
The following table shows the FD interest rates offered by Bajaj Finance on an FD of Rs. 10 lakh for a tenure of 60 months:
Payout frequency
|
FD rates (Customers below the age of 60)
|
FD rates (Senior Citizens)
|
Monthly
|
6.74%
|
7.07%
|
Quarterly
|
6.78%
|
7.11%
|
Half-yearly
|
6.83%
|
7.17%
|
Annual
|
6.95%
|
7.30%
|
At Maturity
|
6.95%
|
7.30%
|
Here are the interest earnings calculations for a Rs. 10 lakh fixed deposit with “monthly” selected as the payout frequency.
For customers below 60 years investing in an FD:
Deposit Amount
|
Tenure
|
Interest rate (Payout frequency: Monthly)
|
Total Interest
|
Maturity Amount
|
Rs. 10 lakh
|
12 months
|
6.41%
|
Rs. 64,100
|
Rs. 10,64,100
|
Rs. 10 lakh
|
24 months
|
6.74%
|
Rs. 1,34,800
|
Rs. 11,34,800
|
Rs. 10 lakh
|
36 months
|
6.74%
|
Rs.
2,02,303
|
Rs.
12,02,303
|
Rs. 10 lakh
|
60 months
|
6.74%
|
Rs.
3,37,000
|
Rs.
13,37,000
|
*All calculations are done using the Bajaj Finance FD Calculator
Senior citizens investing in an FD:
Deposit Amount
|
Tenure
|
Interest rate (Payout frequency: Monthly)
|
Total Interest
|
Maturity Amount
|
Rs. 10 lakh
|
12 months
|
6.74%
|
Rs. 67,400
|
Rs. 10,67,400
|
Rs. 10 lakh
|
24 months
|
7.07%
|
Rs.
1,41,400
|
Rs.
11,41,400
|
Rs. 10 lakh
|
36 months
|
7.07%
|
Rs.
2,12,208
|
Rs.
12,12,208
|
Rs. 10 lakh
|
60 months
|
7.07%
|
Rs.
3,53,500
|
Rs.
13,53,500
|
*All calculations are done using the Bajaj Finance FD Calculator
Enjoy extra interest of up to 0.35% p.a. when senior citizens invest in a Bajaj Finance FD. Check latest FD rates.
Monthly vs. Cumulative FD – What should you choose?
Non-Cumulative FD: Monthly interest payouts—perfect for generating income post-retirement or supplementing your salary.
Cumulative FD: Reinvest the interest for long-term wealth growth and receive a lump sum on maturity.
Choose what fits your lifestyle—whether it’s steady income or capital appreciation.