Fixed deposit (FD) is one of the safest investment options offered by banks & NBFCs
wherein investors can deposit money and get a high rate of interest than
a normal savings account.
This below Fixed Deposit (FD) Calculator helps you to find out
how much interest you can earn on an FD and the value of your investment (Principal amount)
on Maturity when compounding of interest is done on a monthly,
quarterly, half-yearly or yearly basis.
Please note that in India, banks will use quarterly compounding to calculate the interest in rupees.
Note:
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Calculator is provided only as general self-help Planning Tools.
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In India, banks will use quarterly compounding to calculate the interest(in rupees).