Now a days, rate of interest are going uptrend. Banks are giving 10-10.5 rate of interest normally on fixed deposit. Sometimes, the old fixed deposits which are fetching nominal rate of interest of 6-7% looks very disappointing. Many of us rethink about pre maturing the old deposits and remake new ones with more rate of interest. But calculating it is useful or not is a complex issue. The main reason is that banks cut some rate of interest in pre maturity of fixed deposits.
So to make calculations easy tax alert india is presenting a fixed deposit calculator which will tell all the calculations of pre maturity loss and re make profit. The features of this calculator is as follows.
- Excel based calculator
- Tell the amount of maturity of fixed deposit
- Tell the amount of pre-maturity of fixed deposit.
- Tell the amount of re make fixed deposit.
- One can easily calculate the benefit or loss in pre maturity of deposit with this utility.
- Available for download
Tags-Excel based fdr calculator,fdr calculator,fixed deposit calculator,fixed deposit calculator excel,excel based fd calculator,bank fd calculation,bank fixed deposit calculator