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

Building credit while paying off a car loan

Are you thinking of financing a car? Many of us require some form of financing to purchase a vehicle, but have you ever wondered if a car loan can help build your credit? The short answer is yes, but ...

KNOW MORE

April 17, 2024

What Is A Commercial Vehicle? Types of Commercial Vehicle

As the name suggests, a commercial vehicle is used specifically for commercial purposes, of which transporting goods from one point to another is the prime priority. As we know, lakhs of businesses &#...

KNOW MORE

June 29, 2023

Importance-of-collateral-in-SME-business-loans

Collateral Business Loans: How They Can Help Your SME Grow

Running a small or medium-sized enterprise (SME) comes with its unique set of challenges. One such challenge is securing funds to grow and sustain a business. This is where collateral business loans c...

KNOW MORE

June 17, 2024