Kotak Bank FD Calculator

Kotak Bank FD Calculator

The Kotak Mahindra Bank FD Calculator helps you estimate the maturity amount and interest earned on your fixed deposit investment with Kotak Bank. It offers a quick and reliable way to plan your savings by projecting returns based on deposit amount, tenure, and interest rate.

How the Kotak Bank FD Calculator Works

This online tool uses the standard compound interest formula to calculate the maturity value of your fixed deposit. You need to input:

• Principal amount: Minimum ₹5,000 for Kotak FDs
• Tenure: Ranging from 7 days to 10 years
• Interest rate: Varies by tenure and investor type (senior citizens earn higher rates)
• Compounding frequency: Generally quarterly for Kotak FDs

Formula Used

For compound interest: A = P × (1 + r/n)^{n × t}

For simple interest (short-term deposits): A = P + (P × r × t)

• A: Maturity amount
• P: Principal amount
• r: Annual interest rate (in decimal)
• n: Compounding frequency per year (usually 4)
• t: Tenure in years

Key Benefits

• Instant results with no manual calculations
• Helps compare multiple FD options before investing
• Useful for both regular and senior citizen investors
• Ideal for financial planning with fixed returns

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.