The tool is free of cost thus customers can use it multiple times and compare returns for different combinations of FD rates, tenure and amount.

Zeroing-in of cumbersome calculations at multiple tenure, amount and rates thus saving time and effort.

No scope of errors since it’s an automatic calculator.

Some of the prime merits of using the FD Calculator present at Paisabazaar are listed here: One can comprehend which scheme provides the best returns at the desired tenure. And this can be easily estimated using the FD Calculator by Paisabazaar.įixed deposit calculator also helps in comparing the various types of FD schemes offered by banks and other financial companies. For this, you should know how much to put into your FD account. Your FD investment can help absorb losses, if any, to a certain limit. If you invest in the market (like equity mutual funds ), there remains a considerable risk. 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.įixed deposit is all about minimizing risks and guaranteed returns. You can also check the total interest in the column next to the maturity amount. The estimated maturity amount will be displayed in the table below the FD Calculator tool. Note: You can choose to enter FD duration in months or years.

Enter the tenure duration (the period for which you want FD to be active).

Enter the interest rate in the next field (Rate of Interest).

Enter the deposit amount in the first field (Fixed Deposit Amount).

To use the FD calculator available here, at, follow the steps stated below: It consists of the total interest earned on the principal (deposit amount). The maturity amount is what one gets at the end of the FD tenure. It uses the deposit amount, FD interest rate and tenure of the fixed deposit to calculate the maturity amount. What is an FD Calculator?Ī 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.įD calculator is a tool that helps in calculating how much interest one would earn on a fixed deposit. Let us know in detail about the features and benefits of using a fixed deposit calculator.

FD Calculator is a tool that helps in finding the right balance in terms of how much to invest in FD and for how long. Fixed Deposit or FD, also known as a term deposit in banking parlance, is a safe investment option to strike the right balance in one’s financial portfolio.

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