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Post Office FD Calculator - Post Office Fixed Deposit calculator helps one estimate the amount of returns that one can get for an FD of a specific tenure. Calculate interest earned and amount of fixed Deposit you will accumulate by using Online Calculator for Post Office FD at Groww.in.
- Post Office Monthly Income Scheme Calculator (POMIS ... - Groww
To calculate your monthly income, you need to enter your...
- Post Office Monthly Income Scheme Calculator (POMIS ... - Groww
- Features of Post Office FD Calculator
- How to Calculate Interest on Post Office FD?
- Example
- How to Use Post Office FD Calculator
- Post Office FD Investment Rules
- Benefits of Using Post Office Fixed Deposit Calculator
Post office fixed deposit (POFD) is a fixed return savings scheme provided by India Post. The plan is available at all the Indian Post offices. You can open an FD account at your nearest post office branch and expect guaranteed returns. Here are some of the important features of POFD: 1. The interest rate provided in POFD ranges between 6.9% and7.7...
Calculating returns from post office fixed deposits (POFDs) is done using the following formula: M = P x (1 + i/4)^(n x 4) In which, M = Final value of the maturity P = Principal invested amount i = Interest rate offered in the FD n = tenure of investment in years Note: The above formula is for interest compounded quarterly.
Let’s assume you want to invest Rs 2 lakh in the post office fixed deposit for a tenure of five years, on which you will get an interest rate of 7.7% per annum. P = 2,00,000 i = 7.7 n = 5 Therefore, M = 2,00.000 x (1 + 7.7/4)^(5 x 4) M = Rs 2,77,000
Individuals can use post office FD calculator in the following steps: 1. Enter the amount, FD tenure and FD interest rates 2. Click on ‘Calculate’ 3. The FD maturity amount and interest amount earned will be displayed
A few of the rules related to Post Office FD investment are as follows: 1. Post Office Fixed Deposit (POFD)can be opened offline by cash or cheque. 2. For deposits made via cheques, the date of realization of the cheque will be the opening date of the FD. The interest will be calculated from this particular date only 3. Transfer from one post offic...
Some of the benefits of using the online FD calculator are as follows: Accuracy in outcomes: An online Post Office fixed deposit calculator can save time and provide accurate results within a few seconds. Helps to get customised results: Post Office FD provides various investment tenures with different interest rates. Using an FD calculator, you ca...
To calculate your monthly income, you need to enter your investment amount, the scheme's current interest rate, and the lock-in period. Post Office Monthly Income Scheme Calculator - Use this calculator and know how much you will receive every month through this plan.
The monthly deposits for account opened between 1 to 15 should be credited up to 15 th of the month and account opened between 16 to the last of the month monthly deposit should be credited by last day of the month. If the monthly installment is not credited for any particular month, then it becomes a default.
The post office FD calculator is used to find the post office FD returns and maturity value on an investment.
6 days ago · Post Office FD calculator (PO FD Calculator), also known as National Savings Time Deposit Account Calculator, calculates the maturity value and interest amount for different fixed deposit amounts and tenures.
People also ask
What is the post office fixed deposit calculator?
What is a post office FD calculator?
How to calculate FD interest for post office fixed deposit?
How to calculate returns from post office fixed deposits (pofds)?
Aug 21, 2019 · Here is the post office fixed deposit calculator that lets you identify the maturity amount and the interest earned when you open a fixed deposit. The FD calculator available on this page is one of the most accurate and user-friendly FD Calculator for Post Office available online.
