Guaranteed Returns
Fixed Deposits offer fixed interest rates, ensuring your investment is safe from market volatility. You know exactly how much you will earn at maturity.
Flexible Tenure
You can choose a tenure that suits your financial goals, ranging from as short as 7 days to as long as 10 years.
Loan Facility
Many banks offer loans against your FD up to 90% of deposit amount, providing liquidity without breaking your investment.
Regular Income
You can opt for a monthly or quarterly interest payout option, creating a steady stream of passive income while keeping principal safe.
Higher Interest Rates
FDs offer significantly higher interest rates compared to regular savings accounts, ensuring your idle cash grows faster while remaining secure.
Senior Citizen Benefits
Most banks offer preferential interest rates (usually higher) for senior citizens, providing them with a secure and better income source.
How to Use FD Calculator?
A Fixed Deposit (FD) is a financial instrument provided by banks which offers investors a higher rate of interest than a regular savings account, until the given maturity date. Use this tool to plan your savings.
Enter the Deposit Amount, Interest Rate, and Tenure. The tool will compute the Maturity Amount based on the selected compounding frequency. This helps you compare different bank offerings quickly before you invest.