SFlexible options to pay through EMI, Reward points or Credit.
This first-of-its-kind card in India brings together a variety of benefits that treat you to the very best of a Credit and Debit Card.
Fixed Deposits (FDs) have long been a favoured choice for investors seeking stability and assured returns on their savings. However, with the multitude of FD options available, choosing the right FD can be daunting. This is where the need for a fixed deposit calculator becomes apparent. The IndusInd Bank FD calculator provides a convenient, efficient way to estimate the potential returns on investment.
*T&C apply, Term Deposits Terms & Conditions
*This is an estimated maturity amount.
*Only for resident individual customers
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View Interest Rates
These Calculations may vary from actual figures.
The IndusInd Bank FD rates calculator offers a range of benefits to assist you in making sound financial decisions. Here's what makes our FD returns calculator stand out:
The IndusInd Bank Fixed deposit returns calculator has an intuitive interface, making it easy for users of all levels to navigate and input their data effortlessly.
Our FD rate calculator uses advanced algorithms to provide precise calculations of your potential FD returns, considering variables such as principal amount, tenure, and interest rate.
A fixed deposit rates calculator also allows you to tailor your calculations to suit your needs. You can customise the tenure, interest rates, and compounding frequencies to explore various scenarios and make informed investment decisions.
Our fixed deposit interest calculator provides instant results on your screen, eliminating the need for manual calculations or complex formulas.Ā
You can access the IndusInd FD interest calculator from the comfort of your home, office, or on the go.Ā
You can enjoy the benefits of our FD returns calculator at no cost. There are no hidden fees or charges associated with using our calculator, making it a valuable resource for all.
Follow these simple steps to make the most of our FD maturity calculator:
Enter the amount you intend to invest in the Fixed Deposit.
Choose the duration for which you plan to keep your money invested in the Fixed Deposit, typically ranging from a few months to several years.
The applicable interest rate offered by IndusInd Bank for the selected tenure will be prefilled in our FD calculator field.
Click on the āCalculate Nowā button to generate the estimated returns.
View the instantly calculated results, including the maturity amount and accrued interest.
If desired, you can adjust the principal amount and tenure fields of our fixed deposit calculator to explore different scenarios and compare potential returns.
The term deposit calculator utilises straightforward formulas to estimate the maturity amount of your investment, which are as follows:
For simple interest FD:
M = P + (P x R x T/100), where ā
For compound interest FD:
M= P + P {(1 + I/100) t ā 1},
Where:
Now that you know about the Fixed Deposit Calculator, click here to open an FD with IndusInd Bank.
With IndusInd Bankās Fixed Deposit offerings, your funds are safe, secure, and you enjoy benefits of one of the highest interest rates on our FDs. They help your funds grow steadily and securely. So, invest with peace of mind, knowing that your money is working as hard as you do. Moreover, with our 100% online and hassle-free booking process, you can book an FD in minutes from anytime, anywhere. Even non-IndusInd Bank customers can open a Fixed Deposit account easily.
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A Fixed Deposit (FD) is a financial instrument offered by banks and non-banking financial companies, allowing investors to invest their funds for a fixed time and earn returns at a fixed interest rate. The interest rate remains unaffected by market fluctuations and assures guaranteed returns on maturity.
A Fixed Deposit (FD) calculator can be used to determine the interest and the amount you will get at the time of maturity. Using the fixed deposit calculator is a simple process. You need to enter your investment amount and the required tenure of FD in years and months. The applicable interest rate, interest amount, maturity amount, and maturity date will be displayed to the customer.
You can use the FD calculator to calculate the amount you will get upon maturity of the fixed deposit. You need to enter your investment amount and the required tenure of FD in years and months. The applicable interest rate, interest amount, maturity amount, and maturity date will be displayed to the customer.
The interest rate on a fixed deposit is calculated based on the tenure and prevailing interest rate applicable at the time of opening the fixed deposit. The interest rate and the subsequent interest amount varies basis tenure There are two methods to calculate interest on a fixed deposit ā Simple Interest (SI) and Compound Interest (CI).
IndusInd Bank Fixed Deposit (FD) interest calculator is a tool to help customers determine the interest they would earn based on the investment amount, tenure and prevailing interest rate.
The interest rates applicable on IndusInd Bank Fixed Deposit for senior citizens can be seen here.
IndusInd Online Fixed Deposit can be opened instantly. Just follow the below 3 simple steps:
Step 1 ā Visit www.IndusInd.com and fill up the online application.
Step 2 ā Check the suitable Fixed Deposit type and authenticate your-self
Step 3Ā āĀ Complete the application and transfer fund online for deposit creation
Your online fixed deposit will be created and you will receive a copy of the deposit details.
To open online fixed deposit account, you can pull funds from other bank accounts via Netbanking, UPI and debit card. If you are an existing account holder in IndusInd Bank, you use net banking to book an online fixed deposit.
To open fixed deposit, one doesnāt need to be an IndusInd Bank account holder. The fixed deposit facility is available to both customers and non-customers of the bank. If you are a non-customer, you need to submit soft copies of Aadhaar number and PAN card to open fixed deposit in the bank.
If you are an existing customer of IndusInd Bank, thereās no need to provide any documents to open a fixed deposit account. For new customers, it is mandatory to validate themselves with Aadhaar number, OTP and PAN details. The entire process is online and you donāt need to deposit any hard copy of the validating proofs.
No, an online fixed deposit cannot be opened by a minor. However, as per RBI, a fixed deposit can be opened by a minor of any age through their natural or lawfully appointed guardian.Ā Ā
IndusInd Bank provides a tool to help investors calculate the return on investment when they invest in a fixed deposit. The FD interest calculator provided by IndusInd Bank will help depositors calculate the returns on their investment based on the amount, tenure and prevailing interest rate.
To open an online fixed deposit with IndusInd Bank, you need to meet the following criteria:
ā¢Ā Ā Ā Should be a citizen of India
ā¢Ā Ā Ā Should be more than 18 years
ā¢Ā Ā Ā Should have a valid KYC documents such as PAN and Aadhar
Yes, the online fixed deposit account is available for existing customers. In fact, customers already having an account can easily open an online fixed deposit using their internet banking or mobile banking app.
Ā Customers can redeem/withdraw their fixed deposit either online or offline. To withdraw the fixed deposit amount offline, customers need to visit the nearest IndusInd Bank branch. However, existing customers who opened an online fixed deposit account with IndusInd Bank can also withdraw the amount using IndusNet or IndusMobile Application.
Ā If you are an existing customer, you donāt need to furnish any documents to open a fixed deposit. However, if you donāt have an account, you will need to validate yourself. The validation process includes providing your Aadhaar number, PAN card details and an OTP that will be sent to your registered mobile number during the validation process. As this is an online fixed deposit account, you donāt need to provide FD documents.
To calculate the FD maturity amount, you can simply use ourĀ fixed deposit calculator; input the principal amount and the tenure, and the calculator will instantly generate the estimated maturity amount.
Fixed Deposit interest rates of IndusInd Bank range from 3% p.a. to 7.99% p.a. The exact interest rate you receive depends on the tenure of your FD and prevailing market conditions.Ā
The minimum amount required to start a Fixed Deposit can vary depending on the chosen bankās policies. Generally, banks have a minimum deposit requirement, which can range from as low as ā¹1,000 to ā¹10,000 or more.
Essentially, the interest is calculated on the initial principal amount using compound interest formulas and then added to the principal at the end of each compounding period.
Choose IndusInd Bank for an FD for its competitive interest rates and flexible tenure options. With a range of features and benefits, IndusInd Bank also ensures transparency and convenience in your investment journey with its user-friendly Fixed Deposit Calculator.
FDs come in various tenures ranging from 7 days to 10 years and you can lock in your FD for a specific period of your choosing. You might decide to break some fixed deposits to get the necessary funds. This is called the premature withdrawal of a fixed deposit and has certain consequences.
If you want to understand how the maturity amounts based on fixed deposit interest rates are calculated, then this blog is for you. In this blog, we will learn about the FD interest calculator and how it makes it easier to calculate the maturity amount
Many seek a safe yet growth-oriented option for their savings. For those, Fixed Deposits (FDs) offer stable returns without market volatility. This blog explores different types of FDs and why FDs are a smart choice for those prioritising security and growth.
The world of fixed deposits is diverse, and understanding the nuances is crucial to optimise your investment strategy. In this blog, we delve into the six key factors you should consider when choosing a fixed deposit to ensure your financial goals align with this investment vehicle.
Sometimes, because of unforeseen circumstances or urgent financial needs, you may need to withdraw your FD amount before the maturity date. This is known as premature withdrawal. However, withdrawing an FD often comes with penalties, which can significantly impact your returns.
The FD maturity process allows investors to renew the FD, withdraw the entire amount, or transfer it to another investment option. Invest in IndusInd Bank Fixed Deposit for a secure financial future!