Fixed Deposit Calculator

Fixed deposit and fixed deposit calculator

Fixed deposits (FDs) are one of the safest and most popular financial instruments available in India. Whether its bank FDs or corporate FDs, the majority of risk averse investors, and even salaried individuals prefer investing in fixed deposits to other more lucrative investment avenues. The reason is simple - fixed deposits guarantee a fixed maturity amount and unlike shares, the value of the FD doesn’t depreciate. The amount you get on maturity is always more than your invested amount, which might not necessarily be the case with stock market investments. But what investors fail to realise is that in most cases, FD returns are less than inflation rate. This means that, in reality, FDs do not generate a profit; instead, you may experience a loss in real terms. This is why it's important to calculate FD returns using a fixed deposit calculator to evaluate and decide if FDs really aid in wealth creation.