Calculate Your Interest with the Bajaj Finance FD calculator

A fixed deposit is an investment tool that lets you store money and earn interest on your principal amount. The main benefit of parking your funds in a fixed deposit is that the interest that you earn remains constant, irrespective of market fluctuations. Moreover, the interest rate offered is higher than what is offered in a savings account, allowing you to multiply your returns. It keeps your funds secure while you benefit from the effects of compounding.