Deposit Calculator

The Term Deposit calculator gives an indication to the user about the interest which will be earned and total value of deposit at maturity if a particular amount is invested at the bank over a fixed period of time. It calculates the total amount of the term deposit at the end of maturity. The User can compare different products to choose which suits best to them for opening a term deposit with the bank.

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Term Deposit Dashboard > Deposit Calculator

Field Description

Field Name	Description
Make your money grow
How Much	Total deposit principal amount with default currency.
Years/ Months / Days	Option to specify tenure in terms of Years / Months / Days.
Interest	Interest rate for which the total amount is to be calculated.

To calculate deposit value at maturity:

In the How Much field, enter the deposit amount.
In the Years/ Months / Days fields, enter the relevant information.
In the Interest field, enter the rate of interest.
The Deposit Value at maturity appears.

FAQs

Am I eligible to invest in a Term Deposit?

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