Fixed Deposit (FD) Calculator for calculating maturity amount of Fixed Deposit invested in bank at one time basis for a specified period. Fixed Deposits (FD) are popular savings schemes offered by banks. Banks usually offer relatively higher returns on FDs than on savings / current accounts. 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. This requires some data like – Your Principal Deposit Amount, Rate of Interest, Period (in No. of Months), interest Compounding Frequency. After calculation you will get the Maturity Amount after maturity period and Effective yield in %.
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Good looking calculator! can i use it for nsc maturity value through this calc.
Hello Avaneesh, thanks for complement. You should calculate your nsc maturity value at our: NSC Calculator.