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Use an FD calculator before you open an FD: A step-by-step guide to smarter savings

Use an FD calculator before you open an FD: A step-by-step guide to smarter savings

RSS excerpt

Interest on the Fixed Deposit is earned at the fixed rate chosen for the tenure and hence is not influenced by daily changes in the market. However, the final maturity value can differ significantly depending upon the deposit amount, duration and the interest rate.

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