Knowing what you're going to get even before you invest gives you an edge over your finances, and you get in position to plan your short-term financial goals more effectively. Talking of same, you can use Bajaj Finance FD calculator to plan your investment in Fixed Deposit properly.
That said, in order to use the calculator effectively, you must know how to use it. On that note, below are the steps you need to follow in order to use Bajaj Finance FD calculator.
- Step 1: Login to Bajaj Finserv website and using the dropdown under ‘Product’, click on Investment. This will lead you to another drop-down ‘Fixed Deposit’ and ‘Mutual Funds’.
- Step 2: From the drop-down under Fixed Deposit, click on ‘Calculator’. When you do that, you’ll be directly navigate to the calculator page.
- Step 3: Fill in the required details such as whether you’re a new customer or an existing one because that decides the interest rate you’ll get. In addition, you’ll have to choose your preferred type of investment - Cumulative and Non-Cumulative FD. Moving forward, you’ll have to choose the Fixed Deposit amount and investment tenor.
Once you fill in all the required details, you’ll get the desired results: maturity amount and interest earned.
Bottom line: By using bajaj finance fixed deposit calculator you can plan your finances better. You can determine the returns that you can make from your investments before you invest in them and invest accordingly.
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