How to calculate your FD interest with Bajaj Finance FD Calculator?

How to calculate your FD interest with Bajaj Finance FD Calculator?: – Investing your savings in the right plan and at the right time is very important to make your investment fruitful. A fixed deposit will be the right choice if you wish to invest risk-free and enjoy higher returns. To calculate the yield and the interest rate available for the tenor you have chosen, you can use an FD Calculator.

A fixed deposit is an investment made for a pre-decided tenor over an estimated interest rate to earn better returns. A fixed deposit investment is preferred over any other investment as it is a safe investment option. An FD offers you the higher rate of interest as compared to the saving account. You can also enjoy the benefit of flexible tenor and higher interest rate for senior citizens.

Usually, fixed deposits are of two types, namely, cumulative FD and non-cumulative FD. A cumulative FD will give you accumulated compound interest and will be paid out at the time of maturity. In case of a non-cumulative FD, you will get periodic payouts of your earned interest which can be monthly, annually or quarterly.

To get an estimate of the amount that you will earn by investing in an FD, you can use Bajaj Finance FD calculator.

Benefits of using a Bajaj Finance FD calculator

  • Prompt decision making

With the help of an FD calculator, it will be easier for you to take the decisions on whether to invest in an FD or not. You will be able to decide on your own that will it be a profitable investment for you or not.

  • Analyze profitability

With the help of an FD calculator, you will be able to evaluate the profit that an FD Investment can fetch you. This analysis is very important as any person makes an investment with the purpose to earn a profit.

  • Approximation of principal amount

An FD calculator will help you take the decision regarding the amount that you can invest in an FD to earn the desired return. By feeding the required information like the type of FD you wish to opt, tenor, amount, etc., you will be able to ascertain the amount you will earn by investing the desired amount.

  • Interest rates

With the help of an FD calculator, you can get an idea regarding various rates that will apply to your investment for different tenor that you enter. It also helps you to track the return that you will earn from your initial investment, and you can further compare them with the result that you actually get in hand.

  • Maturity estimation

To get an estimate of the rate by which your investment will grow over a period, you can use an FD calculator. With the help of an FD calculator, you can calculate the amount that will be added to your invested amount, to make it grow further.

FD calculation formula

The formula on which an FD calculator works:










A= Maturity amount

P= Principal amount

n= Compounded interest frequency




You are investing Rs.1,00,000 for a tenure of 5 years and at an interest rate of 7.85%.


Then, your calculations will be


A= 100000(1+7.85/4/100)^(4*5)




A= 100000*1.35295


The maturity amount will be Rs.1,35,295, and the interest you will earn on this amount will be Rs. 35,295 (1,35,295-1,00,000).

The right way to use an FD calculator

  1. Firstly, go to a Bajaj Finance FD calculator or any other FD calculator available on various websites.


  1. Then choose the customer type and your deposit option, after which you will see the interest payout frequency and the rate of interest pre-fixed for the entered details.


  1. Further, choose the fixed deposit amount and the tenor for which you want to invest.


  1. Within a fraction of a second, you will get the results that show the Principal amount, your maturity amount and the interest that you will earn. 

The Bottom Line

Now, when you know all about an FD calculator, you should give it a try and find out what principal amount will give you the profitable return. Using an FD calculator is easy and you will get the true results of your feeds.

If you are searching for the right investment amount, you can consider Bajaj Finance FD calculator that can give you quick results. It will be much easier for you to take the decision regarding whether to invest in an FD or not.