Use Bajaj Finance FD Calculator and Secure your Future

Fixed deposits are considered to be one of the most secure investment options. They are not subject to market risks like mutual funds. Once invested the rate of interest does not change unlike other instruments such as EPF (Employee Provident Fund) or NPS (National Pension Scheme). 

In the long run, this is highly beneficial as the fixed rate of interest means the returns are not just predictable, but precise, right to the dot. If you are available fixed deposit facility from Bajaj, then it has additional benefits such as bare minimum documentation, interest rates of up to 8.85%, flexible tenors of up to 60 months, online application process, and account management. 

The biggest highlight however is FD Calculator. Using this calculator, you can calculate the interest you will be getting after the maturity of your fixed deposit. Unlike other calculators, where you can see just the maturity amount Bajaj Finserv FD calculator has a number of features. So do you use it?

First you need to choose the type of tenor scheme. After this you have to select whether you are a new customer, an existing Bajaj employee, or a senior citizen because your interest rate will be set automatically. There is no need to set it. Next, you have to choose whether you want the interest to be cumulatively or non-cumulatively. If you want the interest to be paid in lump-sum at the end of the tenor, then choose ‘cumulative’, and if you the interest to be paid at regular intervals, choose ‘non-cumulative’.

Those who choose the latter option can also get to decide the time interval at which they would like the interest to be paid. These include monthly, quarterly, semi-annually, and annually. Finally, you have to choose the amount you want to invest and the tenor. The bajaj FD calculator will automatically show the interest to be earned. 

If you want to change the amount to be invested, that can be done, and the interest to be earned will change automatically. If you like the interest which you will be earning, then you can hit the ‘Invest Now’ button right away which will take you to a new page for filling up your details and opening an online Bajaj Finance Fixed Deposit account.