SIP, RD, TD, Annuity Calculators

Calculators for various Investment / Deposit accounts at Banks, Post Offices or other Institutions for calculation of Accrued Interest / Maturity Value / Return on Investment (RoI).

Compare maturity and RoI of RD / SIP accounts for different Interest Rate, Monthly Instalment, Period of Investment and Interest Compounding frequency

Compare maturity and RoI of FD / TD accounts for different Interest Rate, Monthly Instalment, Period of Investment and Interest Compounding frequency

The Interest on domestic deposits is compounded in banks at quarterly intervals. Therefore, if depositor wants the interest payable at quarterly intervals, the interest is paid without any discounting. However, if a depositor wants interest payment at monthly intervals, The interest is paid at discounted rate.

The Interest on FCNR ( Foreign Currency Non-Resident ) deposits is compounded at half-yearly intervals. Therefore, if depositor wants the interest payable at half-yearly intervals, the interest is paid without any discounting. However, if a depositor wants interest payment at monthly or quarterly intervals, The interest is paid at discounted rate.

Annuity is monthly / quarterly amount ( like pension ) payable by banks and other institutions for investment of a lump sum amount of deposit for a fixed period of time. The annuity is payment of principal and interest in equal instalment over the term of investment. As the principal and interest are being paid periodically, the balance available after the end of period for which the amount was invested becomes Nil. The scheme is suitable for retired persons, who have lump sum amount to invest and need periodical payments for meeting their day to day expenses.

This calculator helps you to take a decision whether it will be advantageous to invest interest bearing securities / schemes. If the inflation rate is high, the real rate of return on your investment may be negative.

Updated : Sept 10, 2020