How to calculate fixed deposit interest for 6 months

FD calculator determines the maturity value of your fixed deposit amount.

Fixed deposit calculator singapore

A fixed deposit gives you an almost risk-free, insured, and guaranteed return on your deposited amount. It is a safe investment option, better than a regular savings account for conservative investors. You can use the FD calculator to find out or compare different rates for maturity amount, earned interest, and payouts.

On a side note, you can also refer to our yield to maturity calculator for finding the rate of return that an investor can expect on a bond.

To reap the full benefit of a fixed deposit, you must understand how it works and how the fixed deposit rates get calculated in this FD calculator.

By the end of this article, you'll learn what a fixed deposit is to make an informed decision before committing to an investment.

Another risk-free investment solution that can generate steady income for you is the post office monthly income scheme.

A fixed deposit (FD) is a type of investment account in which you invest a specifi