Federal Bank RD Calculator 2025 – Know Your Maturity Value

The process to use the Federal Bank RD Calculator is mentioned below: 

Step 1:  Visit the RD Calculator page of Federal Bank.  

Step 2:  Enter the monthly deposit amount you wish to invest.  

Step 3:  Choose the tenure of the recurring deposit.  

Step 4:  Enter the interest rate that the bank is offering for the chosen deposit term. 

Step 5:  Click on the ‘Calculate’ option.  

The total maturity amount and the interest earned will be displayed by the calculator.  

Benefits of Federal Bank Recurring Deposit (RD) Calculator

Using the RD Calculator provided by the Federal Bank has a number of advantages such as: 

1. You can use the calculator from anywhere at any time because it is accessible online. 
2. Determining the maturity amount and interest earned manually can be laborious and time-consuming. Thus, you can use the Federal Bank RD Calculator and save time.  
3. You can use the calculator to help you decide on the deposit term and amount that can most effectively assist you to reach your financial objectives. 
4. The calculator allows you to compare various deposit amounts and terms to help you plan your savings and investment objectives. 
5. The Federal Bank RD Calculator is simple to use and does not need any specialized knowledge or skills. 

1. It provides you with an estimated maturity amount, helping you plan and save for future financial goals.  

 How the Federal Bank RD Calculator Calculates Interest and Maturity

The Simple Interest method is used to determine the interest and maturity amount on a recurring deposit. With this approach, the interest is only calculated on the principal, not the total interest.

The Federal Bank RD Calculator determines the interest earned on a recurring deposit using the following formula: 

Interest Earned = (Amount Deposited x Interest Rate x Deposit Term) / (12 x 100) 

Here, the amount you deposit in your account is the Amount Deposited. The Interest Rate is the rate of interest offered by Federal Bank and it is typically higher than the interest rate on savings account. The addition of the interest earned to the deposit amount gives the maturity amount.  

Maturity Amount = Deposit Amount + Interest Earned 

Example: - The calculation of interest earned and maturity amount on a recurring deposit can be calculated using the following example: 

Deposit Amount: Rs.40,000 

Deposit Tenure: 24 months 

Interest Rate: 6% p.a. 

Interest Earned = (40000 x 6 x 24) / (12 x 100) = Rs.4,800 

Maturity Amount = 40,000 + 4,800 = Rs.44,800 

This example implies that you will earn an interest of Rs.4,800 on depositing Rs.40,000 for 24 months at a 6% p.a. interest rate.  

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