login-icon
mahindra-finance-logo
login-icon
  • English
  • Hindi
  • Bengali
  • Marathi
  • Telugu
  • Tamil
  • Gujarati
  • Kannada
  • Odia
  • Malayalam
  • Punjabi
phone

Download App

Conveniently pay your EMIs, set payment reminders, view your loan details.

phone
|

How to use an Fixed Deposit calculator online?

mahindra-finance-author

by Mahindra Finance

|

December 11, 2023

|

1 mins read

Online Fixed Deposit calculator in india is an excellent online tool that allows you to know the exact Fixed Deposit interest rate you earn from your investment in a fixed deposit scheme. It also allows you to know the total maturity value at the end of the investment term.

Using this tool is quite easy and you can do it if you have prior experience or technical expertise. To use our Fixed Deposit rate calculator and compute the maturity value, you just have to follow the below steps -

  • Choose the investor type
  • Enter the amount you wish to invest
  • Choose the investment tenure. It can be between 12 and 60 months
  • Select the interest payout period; it can be monthly, quarterly, half-yearly or annually.
It is that simple.

Related articles

Weathering Economic Crises: How FDs Provide Stability In Uncertain Times

The COVID-19 pandemic has brought unprecedented challenges to individuals and households worldwide, including India. Many people have faced financial setbacks due to job losses, salary cuts, and marke...

KNOW MORE

February 23, 2024

Do’s And Don’ts To Apply For Small Business Loans

Starting a new business has many challenges, especially in securing funding. Whether you need capital for product development, hiring employees, or purchasing real estate, a small business loan can pr...

KNOW MORE

April 10, 2024

What Are The Tax Benefit On A Business Loan?

Running a business involves numerous expenses and financial obligations. One way to ease the burden on your finances and save money is by taking advantage of business loan tax benefits. Yes, you heard...

KNOW MORE

April 11, 2024