How to use Zerodha’s Fixed Deposit (FD) calculator?

Zerodha's FD calculator helps you calculate the total interest and maturity value based on your investment amount, selected bank or NBFC, chosen tenure, and applicable interest rate.

To use the FD calculator, follow these steps:

1. Log in to coin.zerodha.com
2. Click on Fixed deposits
3. Enter your desired investment amount
4. Select your preferred Bank or NBFC from the available options
5. Choose your investment tenure
6. View the calculated interest amount and maturity value

The calculator instantly displays your potential returns, making it easy to compare different FD options and tenures. Once you're satisfied with the projected returns, you can proceed to invest directly by clicking Let's Get Started on the FD calculator page.

This tool allows you to make informed investment decisions by comparing various FD schemes and their returns before committing your funds.