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

What Is The Monthly Interest Breakdown On A Rs. 2 Lakh Fixed Deposit

When it comes to financial security, investing your hard earned money wisely is crucial. One such investment option that offers stability and regular income is a fixed deposit (FD). With an FD, you ca...

KNOW MORE

April 25, 2024

What Is Form 15G For FD? Learn To Save TDS On FD Interest Income

Are you a fixed deposit (FD) holder? If so, you may have heard about Form 15G and its role in saving you from the hassle of Tax Deducted at Source (TDS) on your FD interest income. But what exactly is...

KNOW MORE

March 1, 2024

5 Mistakes NRI Fixed Deposit Investors Must Avoid

Introduction: Investing in fixed deposits is a popular choice among non-resident Indians (NRIs) who are looking for a secure and stable way to grow their wealth. However, there are certain mistakes th...

KNOW MORE

April 26, 2024