What is an FD Calculator and How Does it Work?

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Fixed Deposit Calculator

INTRODUCTION

FD TDS Calculator is an online tool that helps calculate the tax deductions on fixed deposit (FD) interest income in India.

The calculator considers the latest TDS rules and lets users determine their tax liabilities and the net amount they will receive on maturity.

Quick, easy, and accurate, it is a must-have for anyone invested in FDs.

ADVANTAGES

Step 1 Time-Saving

Accurate Calculation

Iits accuracy. With an FD calculator, you can easily calculate the interest earned on your fixed deposit investment over a specific period, taking into account the principal amount, interest rate, and tenure.

Step 2 Comparison

Calculating the interest earned on your FD investment manually can be a time-consuming task, especially if you have multiple FDs with different tenures and interest rates.

Step 3

compare different fixed deposit schemes and providers easily. You can input the required details of different FD schemes, such as interest rates, tenures, and principal amounts, into the calculator and compare the returns generated by each scheme.

How does an FD Calculator work?

Enter the required details

To use an FD calculator, you need to input deposit amount, deposit tenure, and interest rate.

Once you enter the required details, the FD calculator will use a formula to calculate the interest earned on your investment

After the calculation is completed, the FD calculator will display the total interest earned on your investment and the maturity amount, which is the total amount you will receive at the end of the deposit tenure.

Step1
interest Step2
Step3
Calculate
Display results

Thank You

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