What is a FD Calculator?
FD Calculator calculates the maturity value and the interest income you can earn for varied fixed deposit amounts and tenures. Paisabazaar’s online Fixed Deposit calculator takes into account the principal amount, the applicable FD interest rates and the tenure to calculate the maturity and interest amounts.
How to Use Online FD Calculator?
To use the Fixed Deposit calculator available here, at Paisabazaar.com, follow the steps stated below:
- Enter the deposit amount in the first field (Fixed Deposit Amount)
- Enter the interest rate in the next field (Rate of Interest)
- Enter the tenure duration (the period for which you want FD to be active)
Note: You can choose to enter FD duration in months or years.
- Hit the “Calculate” button. The estimated maturity amount will be displayed in the table below the FD Calculator tool. You can also check the total interest in the column next to the maturity amount.
Note: The FD maturity value would depend on the deposit amount, FD rates, tenure and type of FD chosen, i.e. cumulative FD and non-cumulative FD.