If earning high returns while assuming low risk is your investment objective, then FD is one of the best options for you. Once you invest in a fixed deposit, your interest rate is locked in for the entire tenor and thus, remains unchanged. Therefore, shopping around for the highest interest rates will help maximise your returns. Bajaj Finance is one such issuer who offers Fixed Deposits with interest rates of up to 8.75% for regular investors and up to 9.10% for senior citizens.

Unlike most investment options, you can calculate your maturity proceeds in advance for an FD. This is possible by using the FD Interest Rate Calculator, which is a simple virtual tool offered by most issuers. With an FD calculator, you can determine the right investment amount for the desired tenor to arrive at your preferred maturity amount.

An FD calculator thus makes it easy to plan your finances. Forecasting your returns will help you ladder your FDs. This way you will have funds for all your goals just when you need them. Here’s how you can use the Bajaj Finance FD calculator.

Select your customer type

FD rates often vary according to an investor’s profile. So, select an option between choices like ‘New Customer’, ‘Existing Loan Customer’, and ‘Senior Citizen’. Choose the one that applies to you and the fixed deposit calculator will automatically adjust the interest rate.

Enter or adjust the deposit amount

Enter your desired FD investment amount. Bajaj Finance accepts a minimum of Rs.25,000 to start an FD account.

Enter or adjust the FD tenor

Bajaj Finance allows you to invest in FDs for a tenor ranging from 12 to 60 months. Choose the tenor according to your financial needs.

Choose your payout

Bajaj Finance also offers two interest payout options: one on maturity and the other as per your chosen frequency. So, based on your financial requirements and how you want to access the interest earnings, you can choose the option of your choice. This way you can select from monthly, quarterly, annual, or bi-annual options.

Depending on your above preferences, the fixed deposit calculator will now display your applicable interest and maturity amounts. Unlike manual calculations, an FD calculator gives accurate and instant results, so you can be sure of your proceeds.

Try various combinations

By using an FD calculator, you can try different combinations for all the above-mentioned factors and tenors in order to arrive at the income earning that you require. With immediate and accurate results, you can now invest without any speculation. Since a fixed deposit calculator is an online tool, you can access it from anywhere and anytime. Lastly, you can also use the results from an FD calculator to select an issuer offering you the highest earnings.

Now that you know how to use an FD calculator, learn the features of Bajaj Finance Fixed Deposits to know why it makes for a great choice.

Enjoy investment stability

Thanks to the highest ICRA and CRISIL ratings of MAAA and FAAA respectively, Bajaj Finance Fixed Deposits are reliable. You can be assured that your investment and earnings are safe and secure.

Start investing with a small amount

You can start investing in Bajaj Finance FD with a minimum amount of Rs.25,000. So, start low or consider investing your windfall gain in these FDs to enjoy a significant return over time.

Earn higher returns at minimum risk

Bajaj Finance offer high interest rates on FD that range from 8.75% to 9.10%, which makes it easy for you to create wealth or manage your goals and expenses.

Choose from flexible tenors to ladder FDs

Bajaj Finance Fixed Deposit tenors range from 12 to 60 months. Choose the right one as per your liquidity and financial needs, so that you have ample funds at your disposal just when you need. Additionally, you also enjoy a 0.25% extra interest earning on your FD upon renewal.

So, invest in Bajaj Finance FDs and work your way towards a secure financial life.