Fixed Deposits (FDs) are one of the safest and most preferred investment options available to those averse to investing in risk instruments such as equity and mutual funds. FDs allow you to manage your financial risks and help fulfil your goals aspired for different stages of your life
When you invest in Fixed Deposit, you can earn interest rate on the amount deposited, which compounds over time and enables you to grow your savings. Determine the exact value of your investments by using the Bajaj Finance Fixed Deposit interest calculator, which is a simple tool that you can use easily.
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When you invest in cumulative fixed deposit, your interest is compounded annually, but paid at maturity.
When you invest in non-cumulative fixed deposit, you can avail your interest payouts periodically. You can opt for interest payouts monthly, quarterly, half-yearly, or annually, depending on your choice.
Disclaimer: ROI in the above calculator may vary upto 4 bps with the actual rates offered.
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|Tenure (Months)||Minimum Deposit (Rs)||Cumulative||Monthly||Quarterly||Half Yearly||Annual|
|12 - 23||20000||6.88 %||6.65 %||6.70 %||6.76%||-|
|24-84||6.88 %||6.65 %||6.70 %||6.76 %||6.88 %|
|12 - 23||20000||7.13 %||6.9 %||6.95 %||7.01 %||-|
|24-84||7.13 %||6.9 %||6.95 %||7.01 %||7.13 %|