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A Fixed Deposit (FD) is a popular investment option offered by banks and financial institutions. It involves depositing a sum of money with a bank for a fixed period, ranging from a few months to several years, at a predetermined interest rate. FDs are known for their safety, as they offer guaranteed returns and are insured by the government up to a certain limit.
The Astricks Fixed Deposit Calculator is a powerful tool designed to help investors make informed decisions about their investments. Tailored specifically for Astricks brand customers, this calculator provides accurate estimates of maturity amounts and interest earned on fixed deposits.
Discover the essential features of the Astricks Fixed Deposit Calculator that make it the go-to tool for managing your investments effectively.
By leveraging the Astricks Fixed Deposit Calculator, you can take control of your financial future and unlock the full potential of your investments with ease.
Tenure | Interest Rate (%) | Principal Amount | Interest Earned | Total Amount |
---|---|---|---|---|
1 year | 6.5 | 10000 | 650 | 10650 |
2 years | 7.0 | 15000 | 2100 | 17100 |
3 years | 7.5 | 20000 | 4500 | 24500 |
4 years | 8.0 | 25000 | 8000 | 33000 |
5 years | 8.5 | 30000 | 12750 | 42750 |
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