The Term Deposit calculator gives an indication to the customer about the amount that the customer can acquire at maturity, if a specific amount is invested in term deposits at the bank for a fixed period of time. The system calculates the total amount of the term deposit at the end of maturity period. The Customer can choose a term deposit product that suits their needs best among all the deposit products available with the bank.
How to reach here:
Dashboard > Term Deposits > My Deposit page > Overview > Deposit Calculator
Field Name |
Description |
---|---|
Make your money grow |
|
How Much For |
Total deposit principal amount with default currency. |
Years/ Months / Days |
The amount of time in years, months or days that the customer is willing to deposit the amount. |
Interest |
The interest rate to be applied on the deposit. |
To calculate deposit value at maturity: