Deutsche Bank FD Calculator

A fixed deposit is one of the best options if you want assured returns and risk-free investment. However, did you know it is also imperative to choose the right financial service provider? You must ensure that the bank or NBFC is credible before investing your life’s savings. Deutsche Bank is one of the leading financial service providers. It offers top-notch financial products like insurance, business banking, investment, and loans. A fixed deposit is one of the safest investment options that Deutsche Bank provides to its clients. This bank enables you to invest in FDs for a tenor anywhere between 7 days to 5 years. It also facilitates the calculation of indicative earnings through their FD calculator. With the Deutsche Bank FD calculator, you can also choose the interest payment mode as per your monetary needs.

Features of Deutsche Bank FD Schemes

Below mentioned are the key features of fixed deposit schemes offered by Deutsche Bank.

• You can invest in Deutsche bank FD with a minimum amount of Rs. 20,000

• It offers 4 types of FD schemes namely regular FD, senior citizen FD, NRI FD, and tax-saver FD

• It provides overdraft up to 95% of the fixed deposit

• The minimum overdraft amount is Rs. 25,000

• Deutsche Bank facilitates online FD application

How to Use the Deutsche Bank FD Calculator?

Here’s a step-by-step guide to using the Deutsche Bank FD calculator.

1. Visit the ‘Deutsche Bank FD Calculator’ page

2. Select the type of deposit—NRO, NRE, or Indian resident

3. Enter the deposit amount and the tenor

4. Select the type of interest payout you need

5. Now, provide your personal details like name, mobile number, email ID, etc., and click on the ‘Calculate Your Earnings’ button

Deutsche Bank Fixed Deposit Interest Rates

The below table provides rates of interest offered by Deutsche Bank on the regular FD scheme for non-senior and senior citizens.

Formula to Calculate the Fixed Deposit Maturity Amount

The Deutsche Bank FD rates calculator uses the below formula to calculate FD maturity amount:

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

where,

• A is the maturity amount

• P is the principal amount

• r is the rate of interest

• n is the number of times interest gets compounded

• t is the total tenor of the investment

Benefits of the Deutsche Bank FD Calculator

Here’s how the Deutsche Bank FD rates calculator can be beneficial to you:

• Since it is an automated tool, there is no scope of errors

• The Deutsche Bank FD calculator saves you from manually calculating and comparing returns for different tenors

• It is a free online tool that can be accessed any time, anywhere

Bajaj Finance Fixed Deposit on Bajaj Markets

Bajaj Finance FD is popular for offering competitive interest rates on FD. The below table will give you an idea of how it can be the most lucrative option for you.

Bajaj Finance Fixed Deposit ensures that you get the best out of your short-term FD as well! So, be it a 12-month or 5-year duration, you will earn great returns with this fixed deposit scheme. So, head over to our website and invest in Bajaj Finance FD online.