Fixed Deposit Calculator
🧮 Calculation Formula
Maturity Amount = P × (1 + r/n)^(n×t) where: P = Principal amount r = Annual interest rate (decimal) n = Number of times interest applied per year (quarterly = 4) t = Time in years
💡 Interest is compounded quarterly by default in Fixed Deposits.
⚠️ Note: These calculations are for informational purposes only. Actual interest rates, compounding frequency, and maturity amounts may vary across different banks or financial institutions. Please check with your bank for accurate and updated details.