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

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

Post-retirement life can be lived comfortably by planning and investing in high earning fixed deposits like Bajaj Finance FD. You get assured returns on your invested money and using which, you can live independently after retiring. Bajaj Finance FD offers lucrative interest rates that are as high as 8.10%. It also comes with several other features and benefits.


The most important part of doing any investment is planning it well. With the help of the Bajaj Finance FD calculator, you can plan your fixed deposit and invest accordingly. Not just after retirement, but the Bajaj Finance FD calculator can also play a major role in helping you retire rich. Let’s delve into how that can happen.

Using Bajaj Finance FD Calculator

In a fixed deposit, the invested amount earns interest income as per the applicable FD interest rates. This interest is then compounded over time and helps you grow your corpus. If you want to estimate the FD maturity amount, earned interest income and payout amount from your fixed deposit investment, you can make use of the Bajaj Finance FD calculator. This in turn can help you efficiently plan a rich and comfortable retirement. Here’s how you can use the Bajaj Finance FD calculator and retire rich.


 You can calculate the exact returns from your fixed deposit investment so that you know the amount you will get after retirement


You can check your earnings based on different interest rates as per various customer categories like senior citizen or non-senior citizen


If you opt for a non-cumulative fixed deposit, you can also view the monthly interest income that you will receive


You can also compare your fixed deposit against different tenors and see the impact on interest payout

How Much Should You Invest to Meet the Expenses of Post-Retirement Life?

To decide the amount required to meet post-retirement expenses, you should first set a budget for it. Once the budget for monthly expenses is set, you will have a clear goal about the corpus needed to invest in order to meet those expenses. You can determine the amount needed for this by using a Bajaj Finance FD calculator. Let’s understand this with the help of an example.


If you are a non-senior citizen investing ₹20,00,000 in a Bajaj Finance fixed deposit for a tenor of 5 years, you will get the interest income at 7.60%. The amount you will receive on maturity is ₹28,84,638. If you reinvest the total amount of maturity for the same tenor by opting for renewal of an FD, you will earn a higher interest amount and now your maturity amount will be ₹41,60,569. This means that in 10 years, the invested ₹20,00,000 in Bajaj Finance FD will become ₹41,60,569. Therefore, using a Bajaj Finance FD calculator, you can estimate the returns like this and plan post-retirement life in a better way.

What will be Your Monthly Interest Payout for a Non-Cumulative FD?

By using the Bajaj Finance FD calculator, you can also estimate the monthly payout of interest income that you will receive in a fixed deposit. You just have to select the non-cumulative FD as the type of deposit and choose the desired interest payment frequency from the option of periodical payouts like monthly, quarterly, half-yearly or yearly. Update the amount and tenor and you will know how much interest payout you will receive. Let’s consider an example to understand this better.


 Suppose you have invested ₹20,00,000 for a year in Bajaj Finance FD, you will get a 7.15% interest rate. Therefore, the monthly interest on your FD will be ₹9,183 and the total interest amount you will earn is ₹1,10,199.

How to Use Bajaj Finance Fixed Deposit Calculator?

You can determine the amount of investment, tenor and frequency of payouts before starting with the fixed deposit by using the Bajaj Finance FD calculator. It is an easy-to-use free online tool. Let’s have a look at how to use the Bajaj Finance FD calculator.


  • Step 1: Select your type of customer from the available options like senior citizens, customers below the age of 60 (investing online) and customers below the age of 60 (investing offline)
  • Step 2: Enter the tentative amount of investment that you wish to deposit
  • Step 3: Select the tenor of your fixed deposit
  • Step 4: You will then be given an option to choose between receiving the amount on maturity or on a periodical basis like monthly, quarterly, half-yearly and yearly 
  • Step 5: The applicable interest rate will be automatically updated


  • ✔️For which tenor is simple interest calculated?

     The tenor of a fixed deposit of less than 6 months is calculated using the simple interest formula. For a tenor of more than 6 months, the compound interest formula is used.

  • ✔️What is the minimum tenor for fixed deposits?

     A fixed deposit can be started for a minimum tenor of 7 days.

  • ✔️In how many years will FD double?

     To know the time duration in which your fixed deposit invested amount will get doubled, you have to divide 72 with the highest applicable interest rate. For example, if the highest rate on fixed deposit is 6.50%, then the number of years taken to double the FD amount will be 72/6.50 = 11.07. Therefore, it will take around 11 years to double your fixed deposit.

  • ✔️Can I invest in FD for 1 month?

     Yes, you can open a fixed deposit account for 1 month. Several banks offer a fixed deposit for that tenor.

  • ✔️Is FD income taxable?

     Yes, the interest income earned from a fixed deposit is fully taxable as per the applicable slab rates.