FD Calculator
Fixed Deposit Calculator is used for calculating the maturity amount of Fixed Deposit under various compounding options, viz. Yearly, Half-yearly, Quarterly, Monthly, Daily and without any compounding.
Fixed Deposits (FD) are popular savings schemes offered by banks. Fixed Deposits have traditionally been one of the most safe investment option preferred by people with low-risk appetite. FD is a deposit of a fixed sum of money for a fixed period of time - which can vary anything from a few days to a few years - at a fixed interest rate known at the beginning of investment. Interest is usually compounded at periodic intervals like monthly, quarterly etc.
This Fixed Deposit Calculator (FD Calculator) gives you the return on the Principal when interest is paid on Yearly / Half- Yearly / Quarterly or Monthly compounding on Fixed Deposits, PPF etc. Effective yield is the actual return on your Fixed Deposit. It depends on the rate of interest and the frequency of compounding. Fixed deposit calculator can be used the Calculator for finding the Fixed Deposit amount required for realizing the desired maturity amount.
Use our calculator to check the real return on your term deposits from any of the leading Banks in India - SBI, HDFC, ICICI, Citibank, IDBI, AXIS, PNB, Canara Bank, Bank of Baroda, Standard Chartered, HSBC, Kotak Mahindra, Barclays, SBOP etc. Check the Deposit Interest Rate from the Bank and the Compounding frequency and use our calculator to know the "Real Rate of Interest"