2 weeks ago
Bajaj Finance Fixed Deposit Offers Five Interest Payout Options
A fixed deposit is a safe way to save money and earn extra money called interest.
Bajaj Finance lets people choose how often they get this interest.
Some people want to get all the interest at the very end, so the money can grow bigger over time.
Other people want to get a little bit of interest every month to pay for everyday things.
Some people like receiving interest every three months, every six months, or once a year.
A special calculator on the website helps people see how much money they will earn.
The calculator asks for the amount saved, how long the money is saved, and how often interest is paid.
You need at least Rs.
15,000 to start, and you can keep the money for one to five years.
This helps people pick the best plan for their needs.
Bajaj Finance Fixed Deposit offers five interest payout options: at maturity (cumulative), monthly, quarterly, half-yearly, and annual.
The cumulative option reinvests interest until maturity, generally producing a larger maturity value over longer tenures.
Monthly payouts suit senior citizens and investors needing regular income, while quarterly, half-yearly, and annual options fit planned or periodic expenses.
The Fixed Deposit Interest Rate Calculator estimates maturity value or periodic income using investment amount, tenure, interest rate, payout option, and investor category.
The FD features 12-60 month tenures, a Rs. 15,000 minimum investment, loans up to 75% of the deposit, and ICRA AAA (Stable) and CRISIL AAA/STABLE ratings.
- Who
- Bajaj Finance, which offers the fixed deposit product, and investors such as working professionals, retirees, and senior citizens choosing payout options.
- What
- Bajaj Finance Fixed Deposit offers five interest payout options (at maturity, monthly, quarterly, half-yearly, annual) plus a calculator for comparing projected returns.
- Where
- India, implied by rupee-denominated amounts such as the Rs. 15,000 minimum investment.
- When
- Not specified in the article.
- Why
- To help investors align interest payouts with their cash flow and financial goals, such as wealth creation or regular income.
Key facts
- Product
- Bajaj Finance Fixed Deposit
- Payout options
- At Maturity (Cumulative), Monthly, Quarterly, Half-Yearly, Annual
- Tenure
- 12 to 60 months
- Minimum investment
- Rs. 15,000
- Loan against deposit
- Up to 75% of the deposit amount
- Credit ratings
- ICRA AAA (Stable) and CRISIL AAA/STABLE
- Calculator inputs
- Investment amount, tenure, interest rate, payout option, investor category
- Investment modes
- Online and physical











