Term Deposit Calculator
The Term Deposit calculator gives an indication to the user about the maturity amount which will be available, if a particular amount is invested at the bank and left for a fixed period of time. It calculates the total amount of the term deposit at the end of maturity period. The User can choose amongst different products that which suits his requirements the best.
How to reach here:
Portal Page > Tools & Calculator > Term Deposits
Field Description
|
Field Name |
Description |
|---|---|
|
How Much would you like to Deposit |
|
|
Amount |
Total deposit of principal amount for deposit with default currency. |
|
Frequency - Years/ Months/ Days |
Option to specify tenure in terms of Years / Months / Days. |
|
@Interest |
Interest rate for which the total amount is to be calculated. |
|
You get back |
The value of your deposit at maturity. |
To calculate deposit value at maturity:
- In the Amount field, enter the deposit amount.
- In the Frequency - Years/ Months / Days fields, enter the relevant information.
- In the Interest field, enter the rate of interest .
- Click . The Deposit Value at maturity appears.