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FD Calculator – How to Use Bajaj Finance Fixed Deposit Return Calculator?

Many investors like to have an idea about the returns that their investments would provide after a particular period. Though it is not possible everywhere, you can certainly predict the returns of fixed deposits in advance.

This is mainly due to their FD rates that remain unchanged for the entire lock-in period. Like most financiers who are offering fixed deposit calculators on their portals, the Bajaj Finance FD scheme also comes with an FD interest rate calculator on its website. To use this FD calculator you will have to follow the steps listed below:

Step 1: Select a customer category that is applicable to you. For instance, if you are a senior citizen then you must select the ‘Senior Citizen’ category, or else the interest will not be calculated as per the exact FD interest rate that you are eligible for. 

Step 2: Now, you can choose the investment amount and tenor at your convenience. Remember that, the fixed deposit minimum amount is Rs. 25,000, and therefore, you must choose a minimum value of Rs. 25,000 while selecting the deposit amount. 

Step 3: Once you select these values, the FD calculator will calculate the interest and final maturity amount on its own, and the maturity date, interest payout, and maturity amount will be displayed instantly. 

Bajaj Finance FD calculator shows the returns of both cumulative and non-cumulative FDs at once so that you can easily judge the alternative that is better for you. The four periodic interest payout options provided by the Bajaj Finance FD scheme are monthly, quarterly, six-monthly, and periodic interest payouts. Therefore, if you are looking for an investment that could generate a fixed amount at regular intervals then you can think of these options. 

The interest rate of 7.25% offered by this FD scheme enables you to earn a decent amount till maturity. The other features that you can use to multiply your deposits quickly are listed below:

Higher returns for senior citizens 

As senior citizens are eligible for a 0.25% additional FD rate, they get higher returns than others. Also, non-seniors can still earn more by investing in this FD scheme via an online FD form. 

The hassle-free online investment procedure ensures that you can invest in an FD plan without much effort. You can make the payment via UPI and net banking and the option of completing the payment through a debit card is possible from certain places in India. 

Auto-renewal facility 

If you want your returns to be locked-in for the same period upon maturity then you can opt for the auto-renewal facility. This option will be provided in the FD form itself and it will help you to multiply your interest earnings without wasting any time. 

A credible investment avenue 

Bajaj Finance FD scheme is a credible investment avenue as credit rating organizations like CRISIL and ICRA have provided it with high credibility ratings. Therefore, your investments are safe and you need not have to worry about losing your invested capital. 

The options like multi-deposit facility and loan against FDs make it a convenient FD scheme for you. Also, you get a flexible tenor from 12 to 60 months to plan your investment as per your financial goals and needs.

Predicting returns of a fixed deposit plan is easy as its interest rate remains the same throughout the tenor. Like other financiers, even Bajaj Finance offers an FD calculator on its portal and it is easy to calculate the returns by using it. If you are looking for a feasible and attractive FD scheme then you can opt for the Bajaj Finance FD scheme as it is offering FD rates as high as 7.25%.

Also, the features like multi-deposit facility, paperless investment process, higher FD rate to senior citizens, loan against FDs, online payment options, and multiple interest payout option make it a comprehensive and lucrative financial instrument for you. It is safe to invest in this FD scheme as credit rating agencies have recognized it for securing the deposits of investors.

What is an FD calculator and what are its benefits?

  • An FD calculator is an online tool that is used to calculate the interest and returns of an FD. It provides the exact return of an FD which enables you to plan your finances accurately.
  • You just need to select your customer category, pick an FD type, and submit details like deposit amount, tenor, etc. After that, the calculator will show the interest and maturity amount accordingly. 
  • Moreover, it proves to be helpful while picking an FD plan according to your financial requirements as it informs you about the various FD rates, tenors, and other options offered by different financiers. 
  • The complex calculations that you have to go through while calculating the FD interest manually are eliminated and you get accurate returns with just one click of a button. 
  • It is important to use an FD calculator to explore the available FD rates because the bank FD rates are not as high as before. To overcome this, you can invest in a corporate FD that offers a higher FD interest rate.

Let’s check some of the other features of corporate FDs now:

Provides better returns 

Since the FD interest rate of corporate FDs is higher, you get better returns at maturity. For instance, Bajaj Finance FD is offering an interest rate of 7.25% that is higher than most FD interest rates in 2021.

Senior citizen FDs 

Many financial institutions and banks offer a higher FD rate to senior citizens and this enables them to obtain substantial returns. 

For example, the Senior Citizen Deposit Scheme from Bajaj Finance grows at a 0.25% higher interest rate than regular FDs. Also, the periodic interest payouts offered by non-cumulative FDs can fulfill their requirement of stable income.  

Latest FD features 

Some additional features like loan against FD, online investment process, auto-renewal of FD after tenor completion, etc. make corporate FDs a convenient option for you. 

For example, the multi-deposit facility from Bajaj Finance lets you deposit in different FD plans at once. Also, you can pick the tenor, deposit amount, and FD type of your choice. This facility also enables you to ladder your deposits smartly to balance out the fluctuations of the FD rates and to get multiple liquidity points that may end up saving some taxes for you as well. 

A 0.10% extra interest rate will be provided on opening a fixed deposit account via an online FD form. Also, the high stability and safety ratings conferred by ICRA and CRISIL make it a perfect option to multiply your savings.


Since the tenor and interest rate of an FD is fixed, you can predict its returns before investing. You can use an FD calculator that is provided by most financiers these days to calculate the maturity amount and interest gains precisely. An FD calculator India helps you to compare various FD plans and also assists you while picking a fixed deposit plan. It can be used effortlessly to explore FD rates offered by various financiers. As bank FD rates are not favorable, you can invest in a corporate FD like Bajaj Finance that comes with high-interest rates up to 7.25%. Moreover, you also get the latest FD features like a multi-deposit facility to grow your investments smoothly.

gauravkhanna921
Gaurav Khanna is an experienced financial advisor, digital marketer, and writer who is well known for his ability to predict market trends. Check out his blog at Highlight Story.

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