FD Calculator - Calculate Fixed Deposit Interest Rates India
Deposit Amount: amout you deposit
Rate of Interest %: annual rate of interest
Years and months: deposit duration in years and months
Compounding Frequency: this is the frequency of compounding of interest ex: monthly, quarterly etc
Deposit Amount
20000.00
Rate of Interest
5.5%
Tenure
5 Years
Maturity
26281.33
Effective annual rate of interest
5.61 %
If you deposit 20000 for duration of 60 months at an interest rate of 5.5%, you will get 26281.33 as the maturity amount
which includes interest of 6281.33 which will be 15% of maturity amount.
Fixed Deposit schedule for the principle of 20000 at 5.5% interest for 5 years