Calculate returns on your investment with FD calculator
2 min read
A fixed deposit calculator is a free online tool to help you determine the returns on your fixed deposit , beforehand. Compute the maturity amount of your deposit by entering the amount deposited and tenor. Remember, the maturity amount varies with the type of customer and deposit.
A Step-by-step guide to using the FD calculator
- Choose a reliable online FD calculator
- Select the correct customer type
- Select the FD type: cumulative (returns at maturity) or non-cumulative (periodic returns)
- Enter the deposit amount you would like to invest
- Enter the interest rate (if applicable)
- Select the fixed deposit tenor at your convenience
You will automatically see the maturity amount and total interest earned on your fixed deposit by following these steps. You can tweak the tenor and deposit amount to see how the maturity amount and interest earned change. This can help you plan your FD investments better, and you can determine your returns even before you invest in a Bajaj Finance FD.
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