A Fixed Deposit Calculator is a free online tool to calculate the potential returns of a Fixed Deposit. You can calculate the maturity amount of a Fixed Deposit by entering a few basic details. Remember, the maturity amount varies with the type of customer, type of deposit, tenor, and the amount of deposit.
Here are the steps to use the FD Calculator: Visit a reliable online FD calculator tool, like one offered by Bajaj Finserv Choose your customer type, if you are new customer, existing loan customer, or a senior citizen (All three are offered different interest rates) Choose the deposit option: Cumulative or Non-Cumulative Enter a deposit amount you would like to invest Choose the tenor of your Fixed Deposit, between 12 to 60 months That’s it. You will automatically see the maturity amount and total interest earned on your Fixed Deposit. You can try different combinations of tenor and deposit amount to see how the maturity amount and interest earned changes.