Updated Fixed Deposit Calculators

Published: August 21, 2013 at 6:30 am

Last Updated on

Here are updated versions of three fixed deposit calculators.

  • FD calculator for investment tenure in months and years (tax to paid each FY and advance tax liability)
    • minor bug fixed
  • FD calculator for investment tenure in days (tax to paid each FY and advance tax liability)
    • macro button added to stop and start calculations for easy use
  • FD calculator for investment made in spouses name or minor childs name (tax to paid each FY and advance tax liability)
    • minor bugs fixed

If you hold fixed deposits, I request you to compare the (pre-tax) maturity value given by these calculators with the value given by the bank. There may be situations where there is a discrepancy. I will post a couple of calculators next week which will help us understand and circumvent this discrepancy.

You feedback is very important for making the calculators more efficient and usable. Do consider sharing these calculators with your friends and family.

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If there is a special situation involving FDs/RDs for which a calculator is needed, do share it in the comments section. I will work on it when I get time.

Download the three updated calculators

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Pattabiraman editor freefincalM. Pattabiraman(PhD) is the founder, managing editor and primary author of freefincal. He is an associate professor at the Indian Institute of Technology, Madras. since Aug 2006. Connect with him via Twitter or Linkedin Pattabiraman has co-authored two print-books, You can be rich too with goal-based investing (CNBC TV18) and Gamechanger and seven other free e-books on various topics of money management. He is a patron and co-founder of “Fee-only India” an organisation to promote unbiased, commission-free investment advice.
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