OBC Bank FD Calculator

OBC FD Calculator is a safe and appropriate device that permits users to outline their financial motives and develop a perfect version for their future ventures. Oriental Bank of Commerce Fixed Deposit benefits can be availed by all Indian citizens as well as NRIs, citizens above sixty years of age, firms, corporations, guardians (parent or grandparent) for children, fellowships and federations.

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  • Tax Free Returns Unlike FD

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OBC Bank FD Calculator

Total Investment

₹500 ₹10L
Enter Total Investment

Rate of Interest (Yearly)

1% 10%
Rate of Interest (Yearly)

Time Period

1 Year 10 Years
Enter Time Period
Total Investment
Interest Earned
Maturity Amount

In such situations, the OBC FD Calculator helps greatly in making customers aware of the advantages of investing some part of their life earnings under a secure plan. Moreover, they also receive a myriad of benefits after the plan matures.

The documents necessary for opening a fixed deposit account at OBC Bank are identity proofs like AADHAAR card or pan card, address proofs, bank statements, and a cancelled cheque.

Benefits of OBC Bank Fixed Deposit

Here are the core benefits of OBC Bank Fixed Deposit:

  • Loans against Fixed Deposits: Investors can withdraw loans for 90%-95% against their fixed deposit. The interest charged on loan is quite low and is only about 2%-3% higher than the FD interest rates.
  • Insured by the Government: The Deposit Insurance and Credit Guarantee Corporation provides deposit insurance of ₹ 5 lakh to fixed deposits across every bank. Investing in fixed deposits with the highest ratings of AAA and ratings done by ICRA and CRISIL is a completely safe investment option. Therefore, OBC fixed deposits are reliable and secure, as the funds are fully backed by the government irrespective of the bank's current situation.
  • Guaranteed Returns: A positive factor about OBC Fixed Deposits is that it offers guaranteed returns to investors. This return is regulated by the bank on a monthly or quarterly basis, as per the bank's convenience.

How does OBC Bank FD Calculator assist customers?

There are several options of fixed deposits available at the Oriental Bank of Commerce. The investors can select and deposit in the particular fixed deposits that resonate with them and think it is the best choice. It is only natural that the customers might get confused and curious when there is the presence of several options of fixed deposits. However, before purchasing, they should have a clear-cut idea about each FD.

At times like these, the OBC FD Calculator can help customers get out of their confusion regarding these fixed deposits.  As the OBC Bank FD Interest Rates Calculator can provide maximum assistance, depositors already have an idea regarding the rough value of their maturity amount. The OBC FD Calculator allows them to steer clear of their financial goals to avoid confusion until the very end regarding their investments.  The OBC FD Calculator works hand in hand with the investor throughout the course of investing in providing correct information.

How does the OBC Bank FD Calculator work?

OBC Bank offers numerous plans to their clients, and they need to be aware of the differences that might occur in the rate of interest for different fixed deposits. Generally, FD interest rates are slightly more for citizens that are above the age of 60. The interest rates provided by OBC Bank are within the range of the merest of 3.00% to a maximum of 5.80%. The table drawn below includes information regarding the numerous interest rates by the OBC bank FD interest rates calculator for amounts less than 2 Crore)




7 - 14 days



15 - 29 days



30 - 45 days



46 - 90 days



91 - 179 days



180 - 270 days



271 - 364 days



1 year



1 year 1 day to 2 years



2 years 1 day to 3 years



3 years 1 day to 5 years



5 years 1 day to 10 years



*All savings are provided by the insurer as per the IRDAI approved insurance plan. Standard T&C Apply

Simple Interest v/s Compound Interest

The rate of interest provided on the deposited amount by investors is determined either through the method of simple interest or compound interest.

  • Simple Interest: This type of interest is calculated per annum on the principal amount. The formula for calculating this type of interest is:

Simple Interest = P x R x T/100

where P = principal,

           R = Interest rate and

           T = time period in years.

  • Compound Interest: In this interest calculation method,  the interest provided is added to the principal value and is finally totalled after adding it to the interest obtained on the principal amount. The formula used for calculating compound interest is:

A = P (1+r/n) ^ nt

where A = aggregate revenue,

            P = principal value deposited,

            r = yearly interest rates.

           n = compounding regularity yearly and

           t = number of years since the first investment.

The amount of interest secured through compound interest is much more than the interest secured by the simple interest method.

FD interest have fallen consistently over the last 5 years.
Invest in Plans that offer Guaranteed Returns for over 25 Years
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How to use Policybazaar OBC Bank Fixed Deposit Calculator?

The primary goal of the OBC FD Interest rates calculator is to make the complete procedure of estimating interests much more manageable as well as practical for every user so they can gather suitable knowledge concerning the final results. The whole system is painless and is available on the bank's website. A matching concept is being used by Policybazaar OBC Bank FD Calculator to make this system additionally highly reachable for all along with extending help to the customers to pick the best model. The procedure for calculating FD interest rates have been laid out in an extremely easy to use manner so that customers do not face any issues while doing so and can organize the investment in a manner that suits them the best. The entire procedure has been explained below:

  • Firstly, the user has to go to Policybazaar’s websiteand add the FD calculator.
  • Secondly, the OBC bank FD interest rates calculator needs to be picked.
  • A website will be shown where the individuals have to enter the amount they desire to deposit.
  • Here, he will have to pick the tenure for investing. This can range from days to years as per the desire of the customer.
  • Thereafter, the customer can select the category of deposit he prefers. The options can be reinvestment, monthly or quarterly payoff.
  • Lastly, the individual's calculated option has to be chosen, and the maturity amount will be showcased on the website.

Advantages of using OBC Bank FD Calculator

There are multiple advantages of using the OBC FD Calculator. The primary reasons for using the FD calculator is to figure out investing procedures under a particular plan and have definite ideas concerning the end results. The FD calculator provides accurate data that users can depend on with no hesitation. Moreover, there are numerous more ways how the OBC FD calculator can be of great help. They are mentioned as follows:

  • It provides a smooth, uncomplicated and hassle-free experience to the customers.
  • The tool is free of cost, and the customers can use it as many times as they wish and compare final outcomes for varied combinations of fixed deposit rates, tenure and principal value.
  • It is available at several online portals, such as the official website of OBC Bank and PolicyBazaar. The users can take advantage of the system with ease from their own devices.
  • The simple setup of the FD calculator makes it easier for users to plan their short-term and long-term investment goals.
  • One can determine the exact value before investing in the FD plan.

*All savings are provided by the insurer as per the IRDAI approved insurance plan. Standard T&C Apply


Disclaimer: Policybazaar does not endorse, rate or recommend any particular insurer or insurance product offered by an insurer. 

*All savings are provided by the insurer as per the IRDAI approved insurance plan. Standard T&C apply.

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