How to use the Bajaj Finance FD calculator to compare interest payout options

If you plan to lock in savings in a safe, interest-bearing instrument, understanding payout options before you invest can make a measurable difference to your cash flow. In this article, you will learn how to use the Bajaj Finance FD calculator to compare monthly, quarterly, half-yearly, and at-maturity payouts with precision. By experimenting with the tool first, you can match cash flows to real-life goals such as EMIs or retirement income, and then choose the right Bajaj Finance FD variant.

What the Bajaj Finance FD calculator shows

The Bajaj Finance FD calculator is designed to simplify comparisons across payout modes and tenures. You can enter the deposit amount, select your customer category, choose the tenure, and then pick an interest payout option. The calculator displays the applicable Bajaj Finance FD interest rate p.a. and the corresponding periodic interest amount or maturity value.

This enables efficient planning of FD income for regular needs or long-term growth without manual calculations, helping investors finalise FD choices faster.

Understanding interest payout options

• Monthly payout: Interest is credited every month at the applicable monthly rate p.a., supporting regular expenses, EMIs, or SIP contributions while keeping the principal intact.
• Quarterly payout: Interest is paid every three months at the quarterly rate p.a., offering slightly higher returns than monthly payouts when frequent cash flow is not required.
• Half-yearly payout: Interest is credited twice a year at the half-yearly rate p.a., suitable for semi-annual expenses such as insurance premiums or education fees.
• At maturity (cumulative): No interim interest payout. Interest compounds and is paid along with the principal at maturity, maximising long-term FD growth.

Viewing senior citizen and non-senior rates

The calculator allows you to select Senior Citizen or Non-Senior Citizen status. Senior citizens receive higher interest rates p.a. across tenures and payout options, which the tool reflects instantly. Always select the correct category to ensure accurate FD income or maturity calculations.

Bajaj Finance offers up to 0.35% p.a. more interest rate to senior citizens.

Step-by-step guide to using the FD calculator

Setting deposit amount and tenure

• Enter your planned investment amount (for example, Rs. 3,00,000, Rs. 5,00,000, or Rs. 10,00,000).
• Choose a tenure between 12 months and 60 months.
• Select your customer category.

Selecting interest payout frequency

• Choose monthly, quarterly, half-yearly, yearly, or at maturity.
• The calculator displays the applicable interest rate p.a. and the resulting cash flow or maturity value.
• Switch between options to compare FD outcomes.

Comparing payout modes

• For income planning: Compare monthly, quarterly, half-yearly, and yearly payouts to see exact inflows.
• For growth planning: Choose at maturity and compare the final value with cumulative payouts.

Latest Bajaj Finance FD interest rates

FD rates for customer below the age of 60

FD rates for customer above the age of 60

Ensure the tenure selected in the FD calculator matches these brackets for accurate results.

Practical tips to use the FD calculator effectively

• Align payouts to expenses: Monthly for routine bills, quarterly or half-yearly for planned obligations.
• Optimise senior citizen benefits: Compare all payout options using higher rates p.a.
• Ladder FDs: Split investments across tenures and payout types to manage liquidity.
• Recalculate before renewal: Use the calculator again as rates change.
• Maintain liquidity: Keep emergency funds separate to avoid breaking FDs.

Tax implications on FD interest

Interest earned on Bajaj Finance FD is taxable as per the investor’s income tax slab.

• Senior citizens can claim a Section 80TTB deduction up to Rs. 50,000 on interest income (old tax regime only).
• TDS at 10% applies if interest exceeds Rs. 50,000 for non-senior citizens and Rs. 1,00,000 for senior citizens in a financial year (FY 2025–26).

Bajaj Finance provides interest certificates to simplify tax filing.

Conclusion

Starting with the Bajaj Finance FD calculator helps convert interest rates p.a. into clear, goal-aligned cash flows. By comparing monthly, quarterly, half-yearly, and cumulative options, investors can select the payout structure that best matches their financial needs. Senior citizens benefit from enhanced rates, while long-term investors can maximise growth through cumulative FDs.

A calculator-first approach ensures clarity, discipline, and smarter FD planning with Bajaj Finance FD at the core of your savings strategy.