Bank Interest Calculator
Contains adsIn-app purchases
3.8star
837 reviews
100K+
Downloads
Everyone
info
About this app
This application lets you calculate the maturity amount of Fixed Deposits (FDs) and Recurring Deposits (RDs), and the EMI on loans. It can calculate the maturity amount for yearly, half-yearly, quarterly and monthly compounded interests.
The computation of maturity amount for RD is based on the formula in http://www.iba.org.in/formula.asp.
The application now also includes a currency converter.
All user features of the application are free. The In-app products are only for removing ads and taking donations.
The computation of maturity amount for RD is based on the formula in http://www.iba.org.in/formula.asp.
The application now also includes a currency converter.
All user features of the application are free. The In-app products are only for removing ads and taking donations.
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3.8
837 reviews
Velamuri Vivekanand
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August 13, 2021
The FD Interest calculator deals only compounding effect. If I want to know how much montly interest I will get by investing Rs 10 lacs for a period of 120 months at a given ROI, I don't find such facility.
6 people found this review helpful
Multi Social Share
August 13, 2021
Hi Velamuri,
If you want to compute interest for an FD where the interest is not compounded and you are drawing the interest every month to your SB account, then the interest received per month does not depend on the period of FD. In that case, you can input the period as 1 month in the calculator and get the monthly interest received.
Thanks.
A Google user
- Flag inappropriate
May 12, 2019
superb, best for beginners
16 people found this review helpful
Manoj K John
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March 10, 2022
Excellent..this application will give all required calculation for finance related matters
1 person found this review helpful
What's new
With version 28:
- Added android TV support
With version 27:
- Add currency conversion
With version 26:
- Added menu item "Other apps from this developer" and fixed a few corner case issues that occur only in some devices
WIth earlier versions:
- Added ability to check Deposit Rates of several banks from within the app, for some countries
- Added option to "Remove ads" and for "Donation"
- Added "Rate this app" in menu
- Integrated with Calculator app.
- Added android TV support
With version 27:
- Add currency conversion
With version 26:
- Added menu item "Other apps from this developer" and fixed a few corner case issues that occur only in some devices
WIth earlier versions:
- Added ability to check Deposit Rates of several banks from within the app, for some countries
- Added option to "Remove ads" and for "Donation"
- Added "Rate this app" in menu
- Integrated with Calculator app.
