Fixed deposit interest rate calculator online free - PowerPoint PPT Presentation

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Fixed deposit interest rate calculator online free

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Fixed deposit interest rates are usually higher than the normal savings account rates. Senior citizens are often more concerned about their fixed deposit rates as they have a limited time left in their lives. STFC providing an 8.40% interest rate for customers & an additional 0.50% interest rate for senior citizens. To know more, visit the STFC official website – PowerPoint PPT presentation

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Title: Fixed deposit interest rate calculator online free


1
CALCULATE FIXED DEPOSIT INTEREST RATE ONLINE
2
  • What is a Fixed Deposit Calculator?
  • A fixed deposit calculator provides precise
    details on the FD interest rates available each
    month and calculates the maturity amount.
  • Furthermore, an FD interest rate calculator will
    give them information on the duration and
    interest rate at which they can invest.
  • The maturity amount is the sum invested plus the
    interest earned until maturity. We created our
    STFC Fixed Deposit Calculator to make it simple
    to calculate the maturity amount before funding
    for a specific tenure.
  • How to Use STFCs Online FD Calculator?
  • In the Shriram Transport FD calculator, enter the
    investment amount and term.
  • Click the calculate button.
  • They can find the maturity returns for cumulative
    schemes and the accumulated interest.
  • Estimate the periodic interest payouts and
    interest rate for the chosen tenure of
    non-cumulative schemes quickly.

3
Benefits of FD Interest Rate Calculator The
calculator will assist in calculating the returns
on FD investments based on FD interest rates. It
also aids in determining how much one should
invest to achieve financial objectives.
  • Why use STFCs Online FD Interest Rate
    Calculator?
  • Determine the FD Maturity
  • Compute the periodic interest payments
  • Efficient financial planning
  • Can be used multiple times to compare returns
  • Easy to use

4
The formula for Calculating FD Maturity An FD
calculator will provide the most accurate results
when calculating FD maturity. Here is the formula
for calculating Fixed Deposit maturity Maturity
Amount P(1r/n)(nt) P is the Principal
Investment Amount in FD r is the interest
rate n is the quantity of compounding per
year t is the tenure, that is, the number of
years
5
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