Monthly Maturity Scheme Calculator
The payout frequency is the key difference between the Single Maturity Scheme and the Monthly Maturity Scheme.
In the Monthly Maturity Scheme, the tenor chosen applies to each deposit you make. Every deposit matures on a different date as per the selected tenor. Payouts relating to that deposit are disbursed on the date of maturity. This helps you get multiple monthly payouts while offering adequate liquidity every month. The objective of the scheme is to generate monthly payouts as per the maturity date of each deposit. If you foresee the need for additional monthly income in the near future, choosing this variant would be ideal.
Choose investment amount, tenor and number of deposits to estimate your monthly returns.
Exciting Update! Bajaj Finance SDP rates are revised upwards w.e.f May 10, 2022. Now start investing and enjoy higher returns of up to 7.45% p.a. T&C apply. To check the latest Systematic Deposit Plan interest rates, click here