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

All You Need To Know About Fixed Deposit Nominee

Imagine this scenario: You diligently save your hard-earned money in a fixed deposit (FD) for years, ensuring financial security for your loved ones. But what happens if something unexpected occurs? W...

KNOW MORE

February 29, 2024

What Are The Tax Exemptions On Fixed Deposits? 

Fixed deposits (FDs) are a popular investment option for individuals looking for a secure and stable way to grow their savings. Apart from offering attractive interest rates, fixed deposits also provi...

KNOW MORE

February 5, 2024

What Is The Impact Of Late Personal Loan Payments On Your CIBIL Score?

A personal loan’s late payment can have a significant impact on your creditworthiness, affecting your CIBIL score. Your credit score reflects your ability to repay loans based on your credit his...

KNOW MORE

May 23, 2024