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SBI FD Calculator

Updated 22 Mar 2023

SBI (State Bank of India) is one of the leading banks in India, offering a wide range of financial products and services.

To help you calculate your potential earnings from an SBI FD account,...

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₹1,00,000
400 days (Special Scheme “ Amrit Kalash”)
7 days to 45 days46 days to 179 days180 days to 210 days211 days to less than 1 year1 year to less than 2 years2 years to less than 3 years3 years to less than 5 years5 years and up to 10 years400 days (Special Scheme “ Amrit Kalash”)
7.1 %
Yes
No
Invst. Amount
Estd. Returns
Investment Amount
₹1,00,000
Estimated Returns
₹7,781
Maturity Amount
₹1,07,781

What is a Fixed Deposit Calculator?

A Fixed Deposit Calculator is a financial tool that calculates the maturity amount of your fixed deposit investment. It takes into account the principal amount, interest rate, and tenure to estimate the total amount you will receive at the end of the investment period.

How to Use the Fixed Deposit Calculator

Using the Fixed deposit Calculator is super simple. All you need to do is enter the following information:

 

Principal amount: The amount you wish to deposit in a fixed deposit.

Interest rate: The rate of interest offered by the bank or financial institution

Tenure: The time duration (number of months or years) you want to deposit your money for.

 

Once you have entered this information, the calculator will automatically calculate the maturity amount, which is the total amount you will receive at the end of the tenure, including the interest earned.

Features of the Fixed Deposit Calculator

User-friendly interface: Our Fixed deposit Calculator has a clean and simple interface that is easy to use for everyone. 
Accurate results: The calculator uses up-to-date interest rates and other relevant information to provide accurate and reliable results.
Mobile responsiveness: The calculator is designed to work on all devices, including smartphones and tablets, so that you can use it on any device you wish to. 
Shareable results: You can easily share your results on social media and other platforms, making it easy to compare different investment options and get feedback from friends and family.

Benefits of Using a Fixed deposit Calculator

Save time: With our Fixed deposit Calculator, you can quickly and easily estimate the maturity amount of your fixed deposit without the need for manual calculations or research.
Make informed decisions: By using the FD calculator to compare different investment options, you can make more informed decisions about where to invest your money and achieve your financial goals.
Track your progress: The FD calculator provides a clear and concise summary of your investment, making it easy to track your progress and monitor your returns over time.

Can the inputs be changed in a Fixed Deposit Calculator?

Yes, Wint Wealth’s Fixed Deposit Calculators allow you to change the inputs and see the updated results in real-time. This makes it easy to experiment with different scenarios and determine the best investment option for your needs.

Why Make a Fixed Deposit (FD) Investment?

Fixed Deposit interest rates booked at the time of account opening stay the same until maturity, regardless of any changes to the banks' FD card rates in the intervening period. For instance, if someone opens a 2-year fixed deposit with a bank at 7% annual interest, the interest rate will stay the same through the end of the 2-year term.

This provides FDs with a high level of income predictability that is even better than what is provided by the majority of small savings plans.

FAQs

What is a Fixed Deposit Calculator?

A Fixed Deposit Calculator is a financial tool that calculates the maturity amount of your fixed deposit investment. It takes into account the principal amount, interest rate, and tenure to estimate the total amount you will receive at the end of the investment period.

How does a Fixed Deposit Calculator work?

A Fixed Deposit Calculator works by using a mathematical formula to estimate the maturity amount based on the information a user enters. You simply need to enter the principal amount, interest rate, and tenure, and the calculator will do the rest. 

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Understanding Fixed Deposit

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Disclaimer: Wint Wealth makes no guarantee or warranty on the accuracy of the data provided on this site, the information displayed is subject to change and are provided on an as-is basis. Nothing contained herein is intended to or shall be deemed to be investment advice, implied or otherwise. You are advised to make your own enquiries, consult a professional advisor and verify the information prior to taking any investment decisions. We accept no liability for any loss arising from the use of information contained on this website.

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Earn upto 9.5% p.a. interest by investing in FDs with Wint Wealth.