Equitas Small Finance Bank FD Calculator

The Equitas Small Finance Bank FD Calculator helps you estimate the maturity amount and interest earnings on your fixed deposit based on your deposit amount, tenure, and applicable interest rate. This tool is particularly useful for planning savings and comparing returns across different tenure options.

How the Equitas FD Calculator Works

To calculate your FD maturity amount, the calculator uses the compound interest formula:

Maturity Amount = P × (1 + r/n)^{n × t}

• P: Principal deposit amount
• r: Annual interest rate (in decimal)
• n: Compounding frequency (usually quarterly for FDs)
• t: Tenure in years

Interest Earned = Maturity Amount – Principal

Key Inputs Required

• Deposit Amount: The amount you wish to invest (minimum ₹5,000).
• Tenure: Duration of the FD, ranging from 7 days to 10 years.
• Interest Rate: The applicable rate is offered by Equitas Small Finance Bank.
• Customer Type: General or Senior Citizen (higher rates may apply to seniors).

Equitas Small Finance Bank FD Interest Rates (Q1 FY 2024–25)

Tenure	Interest Rate (General)	Interest Rate (Senior Citizens)
7 – 14 days	3.50%	4.00%
15 – 60 days	4.00%	4.50%
61 – 90 days	4.25%	4.75%
91 – 180 days	4.75%	5.25%
181 – 364 days	6.25%	6.75%
1 year to 18 months	8.00%	8.50%
18 months to 2 years	8.00%	8.50%
2 to 3 years	7.75%	8.25%
3 to 5 years	7.25%	7.75%
5 to 10 years	7.00%	7.50%

Rates are subject to change. Please check with the bank for current figures.

Benefits of Using the FD Calculator

• Quick estimation: Instantly compute maturity value without manual calculations.
• Accurate planning: Helps you compare different FD terms and rates.
• Senior citizen advantage: Easily see the benefits of higher rates.
• User-friendly: Just input your amount, rate, and tenure to get results.

Disclaimer : The results given by the above calculator are for illustration purpose only. They are often based on a number of assumptions. The results given are in no way any guarantee of the returns that will be given. Investments in stock markets and securities markets are subject to market risks and other risks. There is no guarantee of the return that will be actually given. Investment in other financial products may also be subject to market risks and other risks. There is no guarantee of the returns that will be given by them. The calculator also does not make any recommendation directly or indirectly. Please consult a registered Financial Advisor before taking any investment decision.