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How to use an Fixed Deposit calculator online?

mahindra-finance-author

by Mahindra Finance

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December 11, 2023

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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.

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