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

Fixed Deposits For Freelancers: Building Financial Stability In Gig Economy

In today’s gig economy, more and more people are choosing freelance work for its flexibility and freedom. However, one of the downsides is the lack of stable income and employee benefits like in...

KNOW MORE

March 4, 2024

What-Is-A-Low-Credit-Score-For-Car-Loan

How To Apply For A Low Credit Car Loan?

Are you dreaming of buying a car but worried that your low credit score might hinder your chances of getting a car loan? Don’t worry, because even with a low credit score, you can still obtain b...

KNOW MORE

August 13, 2024

Avoid These Common Used Car Loan Mistakes

If you are planning to buy a used car then you are in for some work. A used car surely has the benefit of being more affordable. However, you need to find the one that is in the best possible conditio...

KNOW MORE

June 29, 2023