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How to Use FD Calculator?
Using this fixed deposit calculator, you can estimate the maturity amount and interest you may receive by choosing FDs as your primary savings instrument. This step-by-step guide will assist you in utilizing the fixed deposit calculator to gain a clear understanding of the anticipated returns and security.
Step 1: Enter the Deposit Amount
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Input the desired deposit amount you plan to save in a fixed deposit.
Step 2: Select Tenor
Choose the preferred duration for your potential fixed deposit savings in the FD calculator.
Step 3: Set Interest Rate
Enter the applicable interest rate based on the rates offered by your preferred bank or NBFC.
Step 4: Check the Interest and Maturity Amounts
Upon entering the values and numbers into the FD interest calculator, an approximate interest amount and maturity amount will be displayed on your screen.