Equitas Small Finance Bank Fixed Deposit (FD) Interest Calculator

What is Equitas Small Finance Bank FD Calculator?

The Equitas Small Finance Bank FD Calculator is a digital tool that helps the customer determine the maturity amount that he can expect at the rate of interest provided by the bank.

It allows the customer to decide the investment amount and know relevant returns. Equitas Small Finance Bank FD calculator is a quick, accurate, and dependable device that saves time and resources.

How Does Equitas Small Finance Bank FD Calculator Work?

A customer is required to enter the data requested by the Equitas Small Finance Bank FD calculator and click on the ‘Calculate’ button. Within minutes, the customer will know the maturity value and other information regarding their investment. This calculator is simple to operate, and anyone can handle it hassle-free. In addition, it is accessible on the company website to anyone. 

The table below gives a rough idea of the rates on interest offered by Equitas Small Finance Bank. These are the rates for domestic as well as NRI customers:

Bank FD Interest Rates

Bank FD Calculator

NRI-NRE FD Rates

Allahabad Bank FD Interest Rates

Andhra Bank FD Interest Rates

Assam Gramin Vikash Bank FD Interest Rates

AU Small Finance Bank FD Interest Rates

Axis Bank FD Interest Rates

Bajaj Finance FD Interest Rates

Bandhan Bank FD Interest Rates

Bangiya Gramin Vikash Bank FD Interest Rates

Bank of Baroda FD Interest Rates

Bank of Ceylon FD Interest Rates

Bank of India FD Interest Rates

Bank of Maharashtra FD Interest Rates

Baroda Gujarat Gramin Bank FD Interest Rates

Canara Bank FD Interest Rates

Capital Small Finance Bank FD Interest Rates

Central Bank of India FD Interest Rates

Citibank FD Interest Rates

City Union Bank FD Interest Rates

Corporation Bank FD Interest Rates

Dakshin Bihar Gramin Bank FD Interest Rates

DBS Bank FD Interest Rates

Dena Bank FD Interest Rates

Dhanlaxmi Bank FD Interest Rates

Equitas Small Finance Bank FD Interest Rates

ESAF Small Finance Bank FD Interest Rates

Fixed Deposit Account Advantages and Disadvantages

HDFC Bank FD Interest Rates

HSBC FD Interest Rates

ICICI Bank FD Interest Rates

IDBI Bank FD Interest Rates

IDFC First Bank FD Interest Rates

Indian Bank FD Interest Rates

Indian Overseas Bank FD Interest Rates

IndusInd Bank FD Interest Rates

Jana Small Finance Bank FD Interest Rates

Karnataka Bank FD Interest Rates

Kerala Gramin Bank FD Interest Rates

Kotak Mahindra Bank FD Interest Rates

Lakshmi Vilas Bank FD Interest Rates

Muthoot Capital

Nainital Bank FD Interest Rates

Odisha Gramya Bank FD Interest Rates

Paschim Banga Gramin Bank FD Interest Rates

Paytm Payments Bank FD Interest Rates

PNB FD Interest Rates

Prathama UP Gramin Bank FD Interest Rates

RBL Bank FD Rates

Saurashtra Gramin Bank FD Interest Rates

SBI FD Interest Rates

Shriram Finance FD Interest Rates

State Bank of Hyderabad FD Interest Rates

State Bank of Mysore FD Interest Rates

State Bank of Travancore FD Interest Rates

Syndicate Bank FD Interest Rates

Tamil Nadu Grama Bank FD Interest Rates

Telangana Grameena Bank FD Interest Rates

Tripura Gramin Bank FD Interest Rates

UCO Bank FD Interest Rates

Ujjivan Small Finance Bank FD Interest Rates

Union Bank of India FD Interest Rates

Uttar Bihar Gramin Bank FD Interest Rates

Uttarakhand Gramin Bank FD Interest Rates

Vijaya Bank FD Interest Rates

Yes Bank FD Interest Rates

Expand

Allahabad Bank FD Calculator

Andhra Bank FD Calculator

AU Bank FD Calculator

Axis Bank FD Calculator

Bajaj Finance FD Calculator

Bandhan Bank FD Calculator

Bank of Baroda FD Calculator

Bank of India FD Calculator

Bank of Maharashtra FD Calculator

Canara Bank FD Calculator

Central Bank FD Calculator

Corporation Bank FD Calculator

HDFC Bank FD Calculator

ICICI Bank FD Calculator

IDBI Bank FD Calculator

IDFC Bank FD Calculator

Indian Bank FD Calculator

Indian Overseas Bank FD Calculator

IndusInd Bank FD Calculator

Karnataka Bank FD Calculator

Karur Vysya Bank FD Calculator

Kotak Bank FD Calculator

Mahindra Finance FD Calculator

OBC Bank FD Calculator

Odisha Gramya Bank FD Calculator

PNB Bank FD Calculator

SBI FD Calculator

Shriram Finance FD Calculator

Syndicate Bank FD Calculator

Tripura Gramin Bank FD Calculator

UCO Bank FD Calculator

Union Bank FD Calculator

Yes Bank FD Calculator

Expand

HDFC NRE FD Rates

Maybank Malaysia FD Rates

SBI NRI FD Rates

Axis NRI FD Rates

Maybank Singapore FD Rates

Yes Bank NRI FD Rates

Simple Interest vs Compound Interest

In straightforward terms, interest can be explained as the amount of money that is added back to the principle that the customer invests. However, there are two types of interest that a customer might earn. 

The first is the simple interest which is calculated as follows:

I=p X n X r

Where; 

I = Interest

p= Principal

r= rate of interest 

This is usually the way interest is calculated for investments made for a period of fewer than 6 months.

The other type is compound interest, which is a bit more complicated. It is calculated as follows:

A = P (1+r/n) ^n*t

Where;

A = maturity amount

P = Principal

r = Rate of interest

n = Frequency of compounding 

t = Tenure of FD

Usually, investments made for 6 months or longer are compounded at the quarter of every financial year.

Compound interest provides more benefits to investors. It is advised larger sums of money be invested for an extended period to receive maximum benefits.

These calculations can help understand the process of using the Equitas Small Finance Bank FD Calculator.

Advantages of Equitas Small Finance Bank FD Calculator

Listed below are the benefits customers can gain from using the Equitas Small Finance Bank FD Calculator:

• It instils the habit of financial discipline. Upon usage of the calculator, the customers will be able to develop the habit of saving regularly. This will help them to generate a large corpus.

• It is hassle-free.  Using the FD calculator is relatively easy, and all the steps are self-explanatory.

• It is free of cost. Therefore, there will be no additional charges that the customer has to bear to use this digital device.

• It allows the customer the opportunity to make comparisons. For example, the customer can easily compare the rate of interest.

• It can be operated from anywhere. Therefore, the customer may access this digital tool at any time of the day from anywhere at any time at his convenience.

FAQ's