Category: Investment Management

Deposit Interest Calculator

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Deposit Interest Calculator

Calculation of Interest on Fixed deposit is made easy with this Free Deposit Interest Calculator. You can use this for calculating the interest on multiple deposits for self-use. For making an Interest Accruals as on 31st March every year also, this calculator can be used. The file contains an example of sample calculations. The base of Deposit Interest Calculator : Normally in Banks, FD Interest / Interest on Fixed Deposit gets compounded on a quarterly basis (June, September, December, and March). The example is also given on the same principle.…

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Recurring Deposit | Cumulative Deposit

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recurring deposit

Every person always wants to invest & grow money or create wealth. Recurring Deposit is one of the instruments for money growth. In the initial days of earnings, there will be a limited income. And one must have the habit of saving at that early age which lasts longer. Recurring Deposit : Recurring Deposit (RD) / Cumulative deposit is a small tool / scheme / an investment idea to start with. This is provided by Banks & Post offices. Interest earning is at an attractive rate & it will be…

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