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 Deposit Myths You Should Stop Believing

In India, fixed or time deposits have been popular for many years. One reason is that these products are a safe investment option. In addition, these deposits offer a higher rate of interest when comp...

KNOW MORE

June 29, 2023

Financing-Your-Dream-Home-Loan-For-Resale-Flats

Home Loan For Resale Flats: Financing Your Dream

Owning a home is a dream shared by many Indians, and purchasing a resale flat can be an excellent way to turn that dream into reality. However, most of us require financial assistance in the form of a...

KNOW MORE

July 1, 2024

Fixed Deposit For Early Home Loan Repayment: Accelerating Mortgage Payoff

Owning a home is a cherished dream for many Indians. However, repaying a home loan over an extended period can be daunting. If you wish to achieve financial freedom sooner and reduce your long-term in...

KNOW MORE

April 17, 2024