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How do we use the Fixed Deposit (FD) Calculator?

You can use the FD Calculator to calculate interest and maturity amount on the Fixed Deposit as follows:

  • You can select the Customer Type i.e. Normal or Senior Citizen Customer
  • Select the type of Fixed Deposit i.e. Cumulative or Interest Payout (Quarterly/Monthly) or Short Term FD
  • The date of FD will be defaulted as the current date
  • Enter the amount of FD
  • Select the format of entering the tenure of FD i.e. in combination of Years/Months/Days or in Days only
    • Enter the preferred tenure according to the format chosen
  • The applicable interest rate, interest amount, maturity date and maturity amount are displayed to the customer.