FIXED DEPOSIT CALCULATOR
How much will you receive on your Fixed Deposit upon maturity? A simple way to know that is by using a Fixed Deposit calculator. But instead of using complex FD formula, you can use an online Fixed Deposit calculator to know your return in advance. All you need to do is enter investment amount and tenure. The FD calculator will display the maturity value and earned interest. Using the FD calculator, you can compute monthly interest as well.
With Angel Broking FD interest calculator, plan your investment smartly. It runs on a simple algorithm, and you don’t need any technical expertise to use it. You can use this calculator if you are an NRI customer. So, go ahead and use our FD calculator to know the return on your FD investment.
However, it is still a good option if you want a steady income on your investment or to diversify your current portfolio to lower risk exposure.
|Areas of concern||Fixed Deposit||Stocks/Equity Investment|
|Type||Lumpsum investment||No minimum or maximum amount. The investor can choose his market exposure|
|Tenure||Fixed tenure - 12 months or 36 months or more||No tenure. You can invest for few hours to few days. Though long term investment has better pay off|
|Risk||Minimal risk. Fixed assured return at the end of the tenure||Subject to market risks. 8-10 percent average return on your investment in the long run|
|Return||Fixed interest earning. Low to moderate||Depends on market volatility|
|Liquidity||Fixed tenure. Early withdrawal may attract penalty||Highly liquid|
|Trading||Can’t be traded||Can be traded anytime|
|Inflation sensitivity||None||Can beat inflation|
Once you decide on investment amount and tenure, click on ‘Invest on FD’ button to book your Fixed Deposit. Angel Broking FD calculator is a simple way to calculate return on your investment and streamline your financial goals.
Angel Broking FD calculator will show you the result immediately, and it is effortless to use; takes a few seconds only.
MA = maturity amount
P = Principal amount
r = Interest rate
t = Tenure
n = compounded interest frequency
let’s consider it with an example. For simplicity, we are assuming that Rs 100,000 is invested for three years at 8 percent interest rate. Interest on the account gets credited quarterly.
Return on maturity = 126824
Like any other financial decision, investing in FD must also align with your financial goals. Calculating the outcome on your FD investment in advance will help you anticipate your return and plan your budget accordingly. Online FD calculators are an easy way to compare different FD choices available with different financial companies. You can then easily pick the one that offers you the desirable return.
Fixed Deposit is unlike other investment options where the return is uncertain. So, you can easily find out what you are going to get on maturity and arrange your goals accordingly.
1.It helps to compare between FD plans from different banks and NBFCs
2.Once you calculate how much return you can get from a Fixed Deposit, you can either choose to reinvest or withdraw after the tenure