Fixed Deposit Rate Calculator

Interest rate per year view today s rates your deposit at maturity could be.
Fixed deposit rate calculator. The interest rate is fixed for the whole maturity period and it s usually considered as an extremely safe investment. Please note that the amount displayed is an approximate value. Normal or senior citizen select the type of fixed deposit i e. The amount you deposit in an fd is locked for a predetermined period which can vary between 7 days and 10 years.
Interest rates on deposit. Then use this simple fd interest calculator to calculate the potential amount of interest earned for the amount placed. Enter the bank interest rate in percentage. Fixed deposit is a kind of term deposit with higher interest rate as compared to regular savings account and because of high interest rate and low risk it s quite a popular investment choice in india.
Fixed deposit a type of term deposit is popular quite a popular investment choice in india due to high interest rate as compared to regular savings account and low risk. The calculator is easy to use and will help you compare different tenures with different interest rates from different banks thereby making it easier to decide which bank and tenure gives you the highest maturity amount for your fixed deposit. See how much you will earn from your bank fixed deposits fd. Cumulative or interest payout quarterly monthly or short term fd.
A fixed deposit calculator helps you calculate the maturity amount for your deposit based on the prevailing interest rate for a particular tenure. Fixed deposit calculator online. Interest rates on advances. Enter the amount that you wanted to place in it deposit.
Fixed deposit maturity amount can be calculated using the fd calculator in a simple manner using the below steps. View the principle and total amount by year in the chart and table. The interest rate is fixed for the whole maturity period and it s usually considered as an extremely safe investment. Calculate your fd total upon maturity.
Customer will have to select the customer type i e. How to calculate fixed deposit interest. Fixed deposit calculator is a tool designed to get an estimate about the maturity amount that the investor should expect at the end of a chosen tenure for a specified deposit amount at the applicable rate of interest. These deposits typically offer a higher rate of interest subject to certain terms and conditions.
Enter the initial deposit amount. Amount is subjected to change as per the prevailing tax rates.