FD - Fixed Deposit
Fixed Deposit Calculator
getcalc.com's Fixed Deposit (FD) Calculator is an online finance tool to calculate the total interest return & maturity amount for the sum of money deposited in a bank or any financial institution.
Definition & Formula
Fixed Deposit is a finance function or method used in the context of time value of money calculation, often abbreviated as FD, represents generally a certificate issued by the bank to a person for depositing a sum of money for a certain period of time at a certain rate of interest that will be paid back as total sum of money at the end of tenure along with the interest earned during the entire tenure.