![]() ![]() In the case of the cumulative FD option, the interest component remains invested till the FD maturity. Depending on the lenders, depositors can also opt for monthly, half-yearly and annual interest pay-out options of various FD tenures. Under non-cumulative FD, lenders usually offer a quarterly interest pay-out option for all tenures wherein the interest is credited quarterly to the current/savings account of the depositor. Note: The FD maturity amount would depend on the deposit amount, FD rates, tenure and type of FD chosen, i.e., cumulative FD and non-cumulative FD. To use Paisabazaar Fixed Deposit Calculator, follow these steps:Įnter the tenure in months or years (the period for which you want FD to be active)Ĭlick the “Calculate” button to get the estimated maturity amount and total interest amount
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