NRI Fixed Deposit Calculator

Bajaj Finance Fixed Deposit Interest Calculator is a simple tool that can help NRIs determine the amount they’d receive on maturity of their fixed deposit. This amount includes the interest earned, along with the principal invested. You can calculate and compare the interest receivable, for different deposit amounts, tenors and interest payment frequencies.

Using the online Bajaj Finance FD Calculator is very easy, for NRIs. Here are the steps to use the FD interest rates calculator:

• Choose your customer type, i.e. New Customer/Existing Loan Customer/Senior Citizen


• Choose the type of fixed deposit that you want, i.e. cumulative or non-cumulative


• Enter your fixed deposit amount


• Choose the desired tenor of the fixed deposit

Using the Bajaj Finance Fixed Deposit Calculator for NRIs, you can determine your FD maturity amount easily. You simply need to visit the FD Clculator page, choose your customer type (cumulative or non-cumulative), and select the investment amount and tenor.

Once you enter these values, you’d be able to see the total maturity amount. This helps you plan your investments, before you start investing.

For NRIs investing in a Bajaj Finance Fixed Deposit, the interest is affected by the rate of interest, tenor and frequency of payouts chosen. The formula for calculating FD interest rates is mentioned below:

A = P (1 + r/4/100) ^ (4*n) and A = P (1 + r/25)4n

where,

A = Maturity Amount

P = Deposit Amount

n = Compounded Interest Frequency