Bajaj Finance Fixed Deposit Revises Interest Rate by 60 Basis Points Calculate Your Returns with FD Calculator
Pune Maharashtra India NewsVoir Bajaj Finance has revised its Fixed Deposit interest rates by 60 basis points offering higher returns to all investors Earning high returns on investments is a priority for many investors as it helps them get closer to achieving their financial goals This increase in the FD interest rates 2022 seems an opportune time to consider adding this instrument to the mix The Fixed Deposit Interest Calculator available from Bajaj Finance makes it easy for investors to plan their investments With the Bajaj Finance FD calculator calculating fixed deposit interest returns is simple convenient and error-free Fixed Deposit new interest rate Apart from the special interest rate mentioned above Bajaj Finance has also revised the interest rate for other tenors Customers below 60 years can earn 640 for a tenor of 24-35 months and 690 if they choose a tenor of 36-60 months The interest rate table for senior citizens is as mentioned below Period Cumulative Non-Cumulative At Maturity pa Monthly pa Quarterly pa Half Yearly pa Annual pa 12 – 23 months 575 560 563 567 575 24 – 35 months 640 622 625 630 640 36 – 60 months 690 669 673 679 690 The rate change also impacts the senior citizens who can now earn up to 715 pa for a tenor of 36-60 months and 665 pa for a tenor of 24-35 months The interest rate table for senior citizens is as mentioned below Period Cumulative Non-Cumulative At Maturity pa Monthly pa Quarterly pa Half Yearly pa Annual pa 12 – 23 months 600 584 587 591 600 24 – 35 months 665 646 649 654 665 36 – 60 months 715 693 697 703 715 The Bajaj Finance Fixed Deposit special interest rate Bajaj Finance Fixed Deposits has also included special interest rates for all customers With special interest rate one can now choose specific tenors to enjoy interest rates up to 735 pa For a tenor of 44 months customers below 60 years of age can enjoy FD interest rate of 710 pa while senior citizens can earn up to 735 pa The special interest rate table for customers below 60 years is Period Cumulative Non-Cumulative At Maturity pa Monthly pa Quarterly pa Half Yearly pa Annual pa 15 months 600 584 587 591 600 18 months 610 594 597 601 610 22 months 625 608 611 616 625 30 months 650 631 635 640 650 33 months 665 646 649 654 665 44 months 710 688 692 698 710 For senior citizens the applicable special interest rates are Period Cumulative Non-Cumulative At Maturity pa Monthly pa Quarterly pa Half Yearly pa Annual pa 15 months 625 608 611 616 625 18 months 635 617 620 625 635 22 months 650 631 635 640 650 30 months 675 655 659 664 675 33 months 690 669 673 679 690 44 months 735 711 716 722 735 Calculating fixed deposit interest With a Bajaj Finance fixed deposit interest calculator you can now fill in your investment amount choose the tenor and your payout option You will be able to see your interest rate interest and the maturity amount thus simplifying the task making it quicker and easier while offering reliable results Benefits of the fixed deposit interest calculator Using the Bajaj Finance Fixed Deposit calculator offers investors several benefits which include Accurate results Calculating the interest through the manual formula is prone to human error This online calculator automatically processes the inputs and gives accurate results Time-efficient Manual calculations may take time as one is required to convert values and follow the formula accurately On the other hand the fixed deposit interest calculator is quick and provides speedy results Reliable information The Bajaj Finance Fixed Deposit calculator helps in financial planning as the information displayed is always accurate It is key to making the right decisions based on the objectives The interest rates vary according to the investment tenor selected A longer tenor fetches a higher interest rate Aids in comparative analysis Investors can choose to either opt for cumulative or non-cumulative fixed deposits Bajaj Finance offers this feature but the interest rate varies based on the payout mode opted for by investors For a non-cumulative fixed deposit interest payouts are made monthly half-yearly or annually The FD calculator accurately showcases the interest payouts for these modes allowing investors to make the right decisions The digitalisation of the financial sector has simplified investing and investors can get started with just a few clicks Booking with Bajaj Finance is also simple and can be completed in minutes Investors can invest online by filling out a simple form and can use UPI or net banking to complete the process PWR PWR
Pune Maharashtra India NewsVoir Bajaj Finance has revised its Fixed Deposit interest rates by 60 basis points offering higher returns to all investors Earning high returns on investments is a priority for many investors as it helps them get closer to achieving their financial goals This increase in the FD interest rates 2022 seems an opportune time to consider adding this instrument to the mix The Fixed Deposit Interest Calculator available from Bajaj Finance makes it easy for investors to plan their investments With the Bajaj Finance FD calculator calculating fixed deposit interest returns is simple convenient and error-free Fixed Deposit new interest rate Apart from the special interest rate mentioned above Bajaj Finance has also revised the interest rate for other tenors Customers below 60 years can earn 640 for a tenor of 24-35 months and 690 if they choose a tenor of 36-60 months The interest rate table for senior citizens is as mentioned below Period Cumulative Non-Cumulative At Maturity pa Monthly pa Quarterly pa Half Yearly pa Annual pa 12 – 23 months 575 560 563 567 575 24 – 35 months 640 622 625 630 640 36 – 60 months 690 669 673 679 690 The rate change also impacts the senior citizens who can now earn up to 715 pa for a tenor of 36-60 months and 665 pa for a tenor of 24-35 months The interest rate table for senior citizens is as mentioned below Period Cumulative Non-Cumulative At Maturity pa Monthly pa Quarterly pa Half Yearly pa Annual pa 12 – 23 months 600 584 587 591 600 24 – 35 months 665 646 649 654 665 36 – 60 months 715 693 697 703 715 The Bajaj Finance Fixed Deposit special interest rate Bajaj Finance Fixed Deposits has also included special interest rates for all customers With special interest rate one can now choose specific tenors to enjoy interest rates up to 735 pa For a tenor of 44 months customers below 60 years of age can enjoy FD interest rate of 710 pa while senior citizens can earn up to 735 pa The special interest rate table for customers below 60 years is Period Cumulative Non-Cumulative At Maturity pa Monthly pa Quarterly pa Half Yearly pa Annual pa 15 months 600 584 587 591 600 18 months 610 594 597 601 610 22 months 625 608 611 616 625 30 months 650 631 635 640 650 33 months 665 646 649 654 665 44 months 710 688 692 698 710 For senior citizens the applicable special interest rates are Period Cumulative Non-Cumulative At Maturity pa Monthly pa Quarterly pa Half Yearly pa Annual pa 15 months 625 608 611 616 625 18 months 635 617 620 625 635 22 months 650 631 635 640 650 30 months 675 655 659 664 675 33 months 690 669 673 679 690 44 months 735 711 716 722 735 Calculating fixed deposit interest With a Bajaj Finance fixed deposit interest calculator you can now fill in your investment amount choose the tenor and your payout option You will be able to see your interest rate interest and the maturity amount thus simplifying the task making it quicker and easier while offering reliable results Benefits of the fixed deposit interest calculator Using the Bajaj Finance Fixed Deposit calculator offers investors several benefits which include Accurate results Calculating the interest through the manual formula is prone to human error This online calculator automatically processes the inputs and gives accurate results Time-efficient Manual calculations may take time as one is required to convert values and follow the formula accurately On the other hand the fixed deposit interest calculator is quick and provides speedy results Reliable information The Bajaj Finance Fixed Deposit calculator helps in financial planning as the information displayed is always accurate It is key to making the right decisions based on the objectives The interest rates vary according to the investment tenor selected A longer tenor fetches a higher interest rate Aids in comparative analysis Investors can choose to either opt for cumulative or non-cumulative fixed deposits Bajaj Finance offers this feature but the interest rate varies based on the payout mode opted for by investors For a non-cumulative fixed deposit interest payouts are made monthly half-yearly or annually The FD calculator accurately showcases the interest payouts for these modes allowing investors to make the right decisions The digitalisation of the financial sector has simplified investing and investors can get started with just a few clicks Booking with Bajaj Finance is also simple and can be completed in minutes Investors can invest online by filling out a simple form and can use UPI or net banking to complete the process PWR PWR
