Fixed Deposit Calculator

Fixed deposit calculator will help you in calculating the rate of interest that you can earn on investing in a Fixed Deposit for a fixed tenure. Just provide the following information, and FD interests can be calculated easily. Online FD calculator is used to estimate the maturity amount by applying compound interest on a monthly, quarterly, half-yearly or on annual basis.

After filling all these details, the only step left is to hit the ‘Calculate’ button post which an estimated amount shall be displayed just below the calculator. The table shall indicate the principal amount, maturity amount and segregated interest amount earned.

Just like any other financial decision, investing in an FD also entails ticking one’s budget and make it work in unison with the individual’s financial goals. Using an FD calculator prior to actually investing in one helps investors anticipate and plan their future finances well.

It provides a comparison of various types of FD schemes offered by banks and other financial companies. One can comprehend which scheme provides the best returns for a desired tenure.

Since its not similar to other uncertain investment options like equity mutual funds where returns are not guaranteed, assured returns at fixed rate of interest is the USP of fixed deposits. So why not know what to expect beforehand? Thus using an FD calculator is always beneficial.

To use the FD calculator available here, at Paisaexpo, customers are suggested to collect the following details beforehand:

• Deposit Amount
• Rate of Interest
• Tenure (in years/months)

After all these details are filled, the only step left is to hit the ‘Calculate’ button post which an estimated amount shall be displayed just below the calculator. The table will indicate the principal amount, maturity amount and segregated interest amount earned.

Why Should One Use the FD Calculator?

Just like any other financial decision, investing in an FD also entails ticking one’s budget and make it work in unison with the individual’s financial goals. Using an FD calculator before actually investing in one helps investors anticipate and plan their future finances well.

It helps to compare various types of FD schemes offered by banks and other financial companies. One can comprehend which scheme provides the best returns at a desired tenure.

Since it’s not like other uncertain investment options like equity mutual funds where returns are not guaranteed, assured returns at fixed rate of interest is the USP of fixed deposits. So why not know what to expect beforehand? Thus using an FD calculator always pays off.