A fixed deposit calculator provides precise details of the FD interest rates one can get each month and calculates the maturity amount. In addition, an FD interest rate calculator will offer them insights regarding the tenure and interest rate at which they can invest.
The maturity amount is the sum invested along with the interest it earns until maturity. We designed our STFC Fixed Deposit Calculator so that it’s easy to calculate the maturity amount before investing for a particular tenure.
Listed below are the steps that one should follow to calculate FD maturity quickly and easily:-
|Interest Rate||Interest Payout||Maturity Amount|
|8.01||₹ 155379||₹ 568379|
|Period||Interest rate||Interest payout|
|Half yearly||8.01%||₹ 2757|
The calculator will help one calculate the returns of FD investment based on the FD interest rates. It also helps in calculating the amount one should invest in fulfilling their financial goals.
Why use STFC’s Online FD Interest Rate Calculator?
The FD calculator is free to use. One can use it any number of times before finalizing the investment tenure and the FD rates they plan their investment.
To calculate FD maturity, an FD calculator will help one find the most accurate results. Here is the formula for calculating Fixed Deposit maturity:-
The denotation of the values in the formula is as follows: