Easy Fixed Deposit Calculator

A fixed deposit (FD) is a financial savings instrument that provides investors with a higher rate of interest compared to a regular savings account, until the given maturity date. Withdrawals prior to maturity date are discouraged by banks.

This app lets the user to not only calculate the interest to be gained on the deposit amount, but also enables the user to see instantaneous changes in the earned interest if parameters like the investment duration and/or investment frequency are changed. This allows the user to make an informed choice on the most optimum way to make the fixed deposit investment.