Home Loan Calculator
Cumulative
(indicative,actual returns may vary)
-
Interest rate :
6.6%
-
Interest payout :
Rs. 4,22,711
-
Maturity by :
Jan 2024
-
Maturity amount :
Rs. 24,22,711
What is Cumulative Fixed Deposit ?
When you invest in cumulative fixed deposit, your interest is compounded annually, but paid at maturity.
Non-Cumulative
(indicative,actual returns may vary)
-
Period
Interest rate
Interest payout
-
Monthly
6.41%
10,683
-
Quarterly
6.44%
32,200
-
Half yearly
6.49%
64,900
-
Yearly
6.60%
1,32,000
What is Non-Cumulative Fixed Deposit?
When you invest in non-cumulative fixed deposit, you can avail your interest payouts periodically. You can opt for interest payouts monthly, quarterly, half-yearly, or annually, depending on your choice.
Disclaimer: ROI in the above calculator may vary upto 4 bps with the actual rates offered.
DID You Know ? Bajaj Finance is now offering interest rates of upto 6.60% on fixed deposit and 0.25% more for senior citizens. What's more, online investors get 0.10% extra (not applicable for senior citizens) - Invest Online