Federal Bank FD Calculator

Calculate the maturity amount for the Federal Bank FD Calculator by entering the invested amount, interest rate (p.a.), and chosen tenure.

%
Maturity Date :  
Invested Amount :  ₹10,000
Interest Amount :  ₹666
Maturity Amount :  ₹10666

In today's dynamic financial landscape, planning for your future requires strategic decision-making and careful consideration of options. For investing your hard-earned money, Fixed Deposits (FDs) offered by Federal Bank can be a secure and reliable investment option to grow your savings. However, understanding the potential returns on your investment can be a complex process.

Fortunately, we have a valuable online tool, the Federal Bank Fixed Deposit Calculator. It simplifies the process of tedious calculations and empowers you to make informed investment decisions.

Federal Bank FD Interest Rates

Federal Bank offers a range of attractive Fixed Deposit (FD) interest rates based on different tenures. Customers can choose from a variety of options to suit their investment needs.

Federal Bank offers competitive FD interest rates across various tenures. Customers can enjoy attractive returns on their fixed deposits, ranging from 5.50% for a 1-year tenure to 7.50% for a 10-year tenure. Invest in Federal Bank FDs today and enjoy the benefits of stable returns on your savings.

Here's a detailed breakdown of the current interest rates you can explore and make the most of your hard-earned money:

Tenure Interest Rates for Public (p.a.) Interest Rates for Senior Citizen (p.a.)
7 days to 45 days 3.00%-3.75% 3.50%-4.25%
46 to 60 days 4.00%-4.50% 4.50%-5.00%
61 to 119 days 4.75-5.25% 5.25%-5.75%
180 to 210 days 5.00% 5.50%
Above 1 year, up to 5 years 5.50%-6.00% 6.00%-6.50%

Read More

Read Less

Whether you have short-term or long-term financial goals, Federal Bank provides a range of options to suit your investment needs.

How Can Federal Bank FD Calculator Help?

By using the FD calculator, customers can accurately determine the potential returns on their fixed deposits based on the principal amount, tenure, and applicable interest rates.

With the Federal Bank FD Calculator, customers can make well-informed decisions and optimize their investments for maximum returns.

  • Accurate Returns: The Federal Bank FD Calculator helps you calculate the potential returns on your fixed deposit accurately. By inputting the principal amount, tenure, and interest rates, the calculator provides you with an estimate of the returns you can expect.
  • Informed Decision: With the help of the Federal Bank FD Calculator, you can make well-informed decisions about your investments.
  • Timesaving: Instead of manually calculating returns, the calculator does the work for you, allowing you to make informed decisions quickly.
  • Goal Alignment: By giving you a clear understanding of how your savings can grow over time, it enables you to make informed decisions that align with your long-term financial goals.

How to Use Federal Bank FD Calculator?

The Federal Bank FD Calculator is a user-friendly tool that helps you make informed decisions about your investments. Individuals can have a clear idea of the maturity amount of their fixed deposit (FD) investments. Which helps them to make calculated and strategic financial decisions.

Here's how to use the Federal FD Calculator:

1. Visit the Page: Visit the FD Calculator page.

2. Enter the details: Enter the principal amount you plan to invest in the "Principal Amount" field. This is the initial amount you will deposit in the fixed deposit.

3. Choose the tenure: Select the tenure of your fixed deposit from the provided drop-down menu. Choose the number of years or months you wish to keep your money invested.

4. Exploring Different Scenarios: Input the applicable interest rate in the "Rate of Interest" field. This is the rate at which your fixed deposit will earn interest.

5. Calculate the Maturity Amount: The calculator will display the maturity amount, total interest earned, and other relevant details.

Review the results to assess if they align with your financial goals and expectations. You can also change the input fields to explore different investment scenarios.

Need a personal Loan?

Formula to Calculate Federal Bank FD Maturity Amount

Planning your investments efficiently requires a clear understanding of your potential returns.
Federal Bank empowers you with a simple formula to calculate the maturity amount of your Fixed Deposit (FD) investment. The formula will calculate the maturity amount of your Federal FD and help you gain a clear understanding of this critical aspect.

The Formula:

A=P (1+r/n)n * t

where,
A is the maturity amount,
P is the principal amount,
r is the annual interest rate,
n is the number of times interest is compounded per year,
t is the tenure in years.

Example:

Suppose you invest ₹100,000 in a Federal Bank FD with an annual interest rate of 5.5%, compounded quarterly for 2 years. Using the formula:

A= ₹100,000×(1+ 5.5/(4*100))^(4×2)
A= ₹100,000×(1.23143)^8

Calculating the value:
A= ₹1,11,544

The maturity amount for an investment of ₹100,000 in a Federal Bank FD with a 5.5% annual interest rate compounded quarterly over 2 years would be approximately ₹1,11,544/-

Federal FD Interest Calculation

Federal Bank Fixed Deposit (FD) interest is calculated based on the principal amount, applicable interest rate, and tenure of the deposit.
The interest on FDs is compounded quarterly, which means that the interest earned in each quarter is added to the principal amount and the subsequent interest is calculated on the new total.

CI=P(1+r/n * 100)n *t- P

Here,
C.I represent the compound interest,
P is the principal amount,
r is the annual interest rate,
n is number of compounding in a year
t is the tenure in years.

Example:

Let's consider an example where you invest ₹100,000 in a Federal Bank FD with an annual interest rate of 6% for a tenure of 4 years compounding quarterly. Using the compound interest formula:

C.I= ₹100,000×(1+ 6/(4*100))^4 −₹1,00,000

C.I= ₹100,000×(1.015)^16 − ₹1,00,000

C.I= ₹100,000×(1.2689) − ₹1,00,000

C.I= ₹1,26,899 − ₹1,00,000

Calculating the value:
Interest Earned = ₹26,899/-

Here, the compound interest earned for a 4-year tenure would be approximately ₹26,899/-. With the formula, you can gauge the returns on your Fixed Deposit accurately.

Advantages of Using Federal FD Calculator

Using the Federal Bank FD Calculator simplifies the investment planning process, providing accurate results, saving time, and enabling you to make well-informed decisions aligned with your financial goals. Start utilizing this powerful tool today to optimize your savings and secure a brighter financial future.

Here are the key benefits of using the Federal Bank FD Calculator to plan your investments with ease and precision:

  • Flexibility: Deposit additional amounts or withdraw funds partially as needed, without impacting the interest rate on the remaining balance.
  • High-Interest Rates: Earn competitive interest rates on your investment, maximizing your returns.
  • Multiple Tenures: Choose a tenure that aligns with your investment goals, from 1 year to 5 years.
  • Loan Facility: Access funds conveniently by availing a loan against your FD, without breaking the investment.
  • Regular Income: Opt for regular interest payments to meet your monthly expenses.
  • Security and Convenience: Invest with confidence knowing your funds are safe and secure with Federal Bank.
  • Nomination Facility: Nominate a beneficiary to receive your investment amount in case of an unfortunate event.

Looking for a personal Loan?


Frequently Asked Questions

You can access the Federal Bank FD Calculator by visiting the official Federal Bank website and navigating to the FD Calculator page.

You need to input the principal amount, tenure, and interest rate to get accurate calculations of potential returns on your fixed deposit.

Yes, the FD Calculator can be used for various types of fixed deposit schemes offered by Federal Bank.

Yes, the FD Calculator provides accurate estimates of potential returns based on the information provided.

Absolutely! The Federal Bank FD Calculator features a user-friendly interface that allows you to input your details effortlessly and obtain accurate results quickly.

The FD Calculator serves as a valuable tool to make informed investment decisions.

Display of trademarks, trade names, logos, and other subject matters of Intellectual Property displayed on this website belongs to their respective intellectual property owners & is not owned by Bvalue Services Pvt. Ltd. Display of such Intellectual Property and related product information does not imply Bvalue Services Pvt. Ltd company’s partnership with the owner of the Intellectual Property or proprietor of such products.

Please read the Terms & Conditions carefully as deemed & proceed at your own discretion.