Bank Interest Calculator
Bank Interest Calculator
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Category: Personal finance

Description

This application lets you calculate the maturity amount of Fixed Deposits (FDs) and Recurring Deposits (RDs), and the EMI on loans. It can calculate the maturity amount for yearly, half-yearly, quarterly and monthly compounded interests.

The computation of maturity amount for RD is based on the formula in http://www.iba.org.in/formula.asp.

  • calculate maturity amount of Fixed Deposits (FDs)
  • calculate maturity amount of Recurring Deposits (RDs)
  • calculate maturity amount for deposits over different periods of compounded interests, such as yearly, half-yearly, quarterly and monthly.
  • calculate EMIs on loans
Product ID: XP89FHF130WSWG
Release date: 0001-01-01
Last update: 0001-01-01