RBL Bank FD Calculator

RBL Bank FD Calculator

The RBL Bank Fixed Deposit (FD) Calculator is a simple tool that helps you estimate the maturity amount and interest earned on your RBL Bank fixed deposit. Whether you’re planning short-term savings or long-term investments, this calculator enables you to plan better by providing accurate projections based on the tenure, interest rate, and investment amount.

How the RBL Bank FD Calculator Works

This FD calculator uses key inputs such as deposit amount, interest rate, tenure, and compounding frequency to compute:

• Total Maturity Amount
• Total Interest Earned

You need to enter the following:

• Principal Amount: The amount you want to invest.
• Tenure: Duration of the deposit (in months or years).
• Interest Rate: Applicable RBL Bank FD rate.
• Compounding Frequency: Usually quarterly (default) unless stated otherwise.

Formula Used

A = P × (1 + r/n)^{n × t}

• A: Maturity amount
• P: Principal amount
• r: Annual interest rate (in decimal)
• n: Number of compounding periods per year
• t: Tenure in years

Interest Earned = A – P

Key Features of RBL Bank FD

• Tenure ranges from 7 days to 20 years.
• Interest rates vary from 3.50% to 8.10% p.a. (as of Q1 FY 2024–25) based on tenure and depositor type.
• Senior citizens get additional interest (usually 0.50% extra).
• Flexible payout options: monthly, quarterly, or at maturity.

Benefits of Using This Calculator

• Quick and accurate projections
• Helps compare multiple tenures and amounts
• No need for manual calculations
• Useful for tax and goal-based financial planning

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.