One can make use of the calculators when it comes to manipulating loans from different banks. Similarly one can make use of fixed deposit calculator so that the right bank can be selected to open the fixed deposit account in. the device has lot of fields to be filled in by the customer. This includes total money to be deposited in the account, the rate of interest offered by the bank and the maturity period.
Based on the values filled in the fixed deposit calculator, the device will come back with a figure that would be the return on the maturity of your account and would be available to you.
Summary: Fixed deposit calculator helps people to figure out the total return they would be getting on the maturity of the fixed deposit account.
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