Earn interest up to 8.10% p.a. by investing in a Bajaj Finance Fixed Deposit | Rated CRISIL AAA/ STABLE and [ICRA]AAA(stable)

  • Overview
  • Fixed Deposit Calculator
  • Interest Rates and Charges

Fixed deposits are a secure form of savings instrument that let you park your funds for a chosen duration and earn guaranteed returns based on your preferred interest rate. Many financial institutions offer fixed deposits (FDs). Bajaj Finance is one such non-banking financial company (NBFC) that offers FDs at interest rates of up to 8.10%, accompanied by tools such as the Bajaj Finance FD calculator to make your savings experience seamless.


With a Bajaj Finance FD calculator you will be able to instantly estimate your returns based on your interest rate within seconds, making your FD booking journey smooth and trouble-free.


Here’s the Bajaj Finance FD calculator that can compute your interest returns in a single tap.

Yearly Investment
Interest Rate
Your Total Maturity Amount is
Maturity ₹6,78,035
Investment ₹3,75,000
Interest ₹3,03,035

How Can a Bajaj Finance FD Calculator Help You?

A sound financial plan is imperative to your future financial goals. A Bajaj Finance FD calculator gives you the estimated value of your maturity amount on the basis of your preferred tenor. With the approximate values of your returns, you can plan your investment and choose a tenor and interest rate that caters to your financial requirements. 


The Bajaj Finance FD calculator helps you devise a plan  to suit your financial goals.With this tool, you can get a clear understanding of how to go about your funds and strategize a plan of action to build your corpus. 

How Does the Bajaj Finance FD Calculator Work?

The Bajaj Finance FD calculator calculates the interest you will earn at the maturity date. The Bajaj fixed deposit calculator considers four main factors to estimate your returns at maturity. 


  • Deposit Amount 

The deposit amount is the initial amount invested in a fixed deposit. This amount is principal to determine the final interest you earn.


  • Rate of Interest

The interest rate you choose plays a pivotal role in the returns you earn. Higher the interest rate, higher will be the returns. 


  • Tenor

Tenor is the duration for which you’d like to invest in a fixed deposit. On the basis of your financial goals, you can pick a tenor that is best suited for you. 


  • Type of FD

Based on your preferred payout frequency, you can either opt for a cumulative or a non-cumulative FD. A cumulative FD  collectively pays your interest returns at the end of tenor and helps you fulfil long-term financial goals. For a regular source of income you can opt for a non-cumulative FD and receive interest returns every month, three months, six months or twelve months.


Through an analysis of the aforementioned factors coupled with the benefit of compounding, the Bajaj Finance FD calculator assesses the maturity amount. 

How to Use a Bajaj Finance FD Calculator

The Bajaj Finance FD calculator is easy to use. All you have to do is follow three simple steps and you will be able to get an estimate of the amount you will receive at maturity. 


  • Step 1: Enter the deposit amount you’d like to invest. 

  • Step 2: Choose an interest rate as per your preference.

  • Step 3: Opt for the tenor that meets your monetary needs.


Once you enter all the respective fields, the maturity amount that you would gain at the end of your tenor will be displayed on the screen. 


Furthermore, you could try variations of the deposit amount, rate of interest and tenor and tailor it to your financial needs. 


You can also calculate the maturity amount manually using formulas of simple and compound interest. 


For a cumulative FD, the simple interest calculation is as follows: 


M = P + (P x r x t/100)


M = Maturity Amount

P = Deposit Amount

r = Interest Rate

t = Tenor


For a non-cumulative FD, the interest is compounded using the formula given below:


M = P + P [(1 + r/100) ^(t) - 1]


Let’s use the formula to estimate how much interest you’d gain if you deposited ₹ 1 Lakh at an interest rate of 6% for a tenor of 5 years.


(i) For a Cumulative FD: 


M = P + (P x r x t/100)

M=  1,00,000 + ( 1,00,000 x 6 x 5/100)

M= 1,30,000

Here you gain an interest return of ₹ 30,000 at maturity that brings your principal amount to a total of ₹ 1,30,000.


(ii) For a Non-cumulative FD:


M = P + P [(1 + r/100) ^(t) - 1]

M= 1,00,000 + 1,00,000 [(1+ 6/10) 5 - 1]

M= 1,33,822

In this case, you gain a return of ₹ 33,822 that hikes your initial deposit amount to ₹1,33,822. 

Benefits of Bajaj Finance FD Calculator 

The Bajaj Finance FD calculator offers a plethora of benefits to the user. The benefits of the Bajaj Finance fixed deposit calculator are listed below: 


  • The Bajaj FD calculator is easily accessible online and is free of any charges.

  • It is user-friendly and can be used with great ease

  • You can use the Bajaj fixed deposit calculator multiple times and tailor it to suit your needs.

  • You can customise your FD investment through a series of combinations and pick the interest rate and tenor most convenient for you.

  • The Bajaj Finance FD rates calculator is accurate and helps you avoid the tedious FD manual calculations. 

Bajaj Finance Fixed Deposit Calculation for 5 year 

The Bajaj Finance FD calculator helps you plan your finances by opting for a tenor and interest rate that cater to your financial aspirations. 


Here’s a table that gives you an idea of the returns you will receive if you invest ₹ 1 Lakh for a tenor of 5 years at interest rates of 7.60% and 7.85% p.a. for non-senior and senior citizens respectively. 


Interest Earned by Non-Senior Citizens 

Maturity Amount for Non-Senior Citizens

Interest Earned by Senior Citizens 

Maturity Amount  for Senior Citizens 

1st  year

₹ 7,150

₹ 1,07,150

₹ 7,400

₹ 1,07,400

2nd year

₹ 8,413

₹ 1,15,563

₹ 8,701

₹ 1,16,101

3rd year 

₹ 9,014

₹ 1,24,577

₹ 9,346

₹ 1,25,447

4th year

₹ 9,468

₹ 1,34,045

₹ 9,848

₹ 1,35,295

5th year 

₹ 10,187

₹ 1,44,232

₹ 10,620

₹ 1,45,915

FAQs about Bajaj Finance FD Calculator

  • ✔️Is the Bajaj Finance FD calculator free?

    Yes, the Bajaj Finance FD calculator is free of cost and can be used any number of times.

  • ✔️How does the Bajaj FD Calculator calculate interest?

    The Bajaj Finance FD calculator uses the formula of simple interest to estimate the returns earned on the principal amount for cumulative FDs. Whereas, for a non-cumulative FD the interest is calculated using the formula of compound interest.

  • ✔️What is the Bajaj FD Calculator's compounding principle?

    The interest on the deposit amount is compounded annually in a Bajaj Finance FD calculator , which is then paid at the maturity of the cumulative FD.

  • ✔️Who can use Bajaj Finance FD Calculator

    The Bajaj Finance FD calculator can be accessed by all potential investors looking to book an FD with Bajaj Finance.