SDP – Single Maturity Scheme Calculator
Calculate total payout amount and total interest earned on monthly SDP investments
SDP – Monthly Maturity Scheme Calculator
Calculate monthly payout amount and interest earned on monthly SDP investments
Frequently asked questions
You can visit the official Bajaj Finserv website to access the Systematic Deposit Plan (SDP) calculator. In just a few steps you can estimate your returns by filling in the required information in the order mentioned below:
- Choose between the senior citizen and non-senior citizen option
- Monthly deposit amount
- Desired tenor
- Number of deposits
After giving these basic details you can easily check your returns.
Calculating the maturity amount is a simple task. First, visit the official Bajaj Finserv website and go to the Systematic Deposit Plan (SDP) calculator page. Next, provide some required information like citizen category, monthly deposit amount, tenor and number of deposits. Doing this will automatically display your returns at maturity.
Using the Systematic Deposit Plan (SDP) calculator is fairly simple. You can visit the official Bajaj Finserv website and go to the Systematic Deposit Plan (SDP) page. After that, all you have to do is provide a few details like
- citizen category
- monthly deposit
- the number of deposits.
Just by simply giving this information the screen will automatically display the returns at maturity.
The minimum amount required to start a Systematic Deposit Plan (SDP) is Rs. 5,000 monthly. It goes up to Rs. 5 crores. For deposits more than Rs. 5 crores you need to connect with a branch office for further assistance.
Setting up a Systematic Deposit Plan (SDP) is simple. Just visit the official Bajaj Finserv website and click on the online application form that redirects you to a page where you need to fill in basic details. With your personal details, KYC details and investment details like tenor, deposit amount, and the number of deposits you can link your bank account where your deposit will be auto-debited every month. Once the money is debited your SDP is booked. It can all be done under 10 minutes from anywhere at any time.
The Systematic Deposit Plan (SDP) is an industry-first offering by Bajaj Finance that enables investors to grow their money without having to invest a large sum in one go like the traditional FD. This instrument is a fix of the Systematic Investment Plan (SIP) and FD. Here you can make small monthly deposits and still earn handsome returns at maturity.
A Systematic Deposit Plan (SDP) investment is a financial tool where investors can make small monthly deposits in separate FDs that accrue interest based on the prevailing interest rate. This proves a major benefit over traditional FDs where the interest rate is locked in when booking an FD. This also comes with the added advantage of safety. The SDP is an extremely safe investment option that offers 100% guaranteed returns.
Yes, the Bajaj Finserv Systematic Deposit Plan (SDP) investment is lately safe. It is an FD, making it a very reliable stable income instrument that gives guaranteed returns. Bajaj Finance Fixed Deposit has been rated CRISIL AAA/STABLE and [ICRA]AAA(Stable). These high credit ratings indicate a default-free investment without having to worry about untimely payouts.
The key difference between FD and SDP is that Systematic Deposit Plan (SDP) allows you to invest in smaller, periodic installments, while Fixed Deposit (FD) requires a lump-sum investment.
SDP can be a good investment for those seeking disciplined savings with flexibility. It allows you to build a diversified portfolio with regular contributions, potentially reducing market timing risks.