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

Tips-to-reduce-the-principal-amount-of-your-home-loan

Tips To Reduce The Principal Amount Of Your Home Loan

Owning a home is a dream for many of us. However, repaying a home loan can be a long and daunting process. It’s essential to reduce the home loan principal amount as much as possible to save on ...

KNOW MORE

June 28, 2024

What are equity funds?

What are equity funds? Contrary to popular thinking, mutual funds can have a mix of equity and debt securities. But, equity funds are those where the investor money largely goes into shares of various...

KNOW MORE

June 30, 2023

What is Top-Up Fixed Deposit (FD) & Benefits Of Top-Up FD

Introduction If you’re looking for a safe and reliable investment option in India, Fixed Deposits (FDs) are an excellent choice. They offer steady returns and security for your hard-earned money...

KNOW MORE

April 26, 2024