RBL Bank FD (Fixed Deposit) Calculator

The RBL Bank fixed deposit calculator is a simple and easy-to-use AI tool that can help you calculate your FD interest earnings. The calculator helps ensure you get the most out of your FD investment. All you need to do is enter the amount you have deposited, the tenure and the FD  interest rate. The FD calculator will then calculate the interest earned on your FD.

Features and Benefits of the RBL Bank Fixed Deposit Calculator

If you are looking for a safe and secure investment option, then a fixed deposit with RBL Bank could be ideal. You can earn interest at a fixed rate for a specific tenure with fixed deposits. To help you make an informed decision, RBL Bank offers a fixed deposit calculator on its website. With this calculator, you can calculate the interest you will earn on your deposit and the maturity amount. Here are some of the key features and benefits of using the RBL Bank fixed deposit calculator:

• User-friendly interface: The fixed deposit calculator has a user-friendly interface that is easy to use.
• Calculates interest: The RBL FD calculator takes into account the interest rate, as well as the tenure of the deposit, to calculate the interest earned.
• Compound interest: The RBL FD interest rate calculator also considers compound interest so that you can see its difference in investment.
• Maturity amount: The calculator also calculates the maturity amount of your deposit, so you know how much you will get back at the end of the tenure.

How Does an RBL Bank Fixed Deposit Calculator Work?

When you put your money in a fixed deposit account, you’re lending it to the bank for a set period. In return, the bank pays you interest on your deposit. An RBL fixed deposit calculator helps you calculate the maturity amount of your deposit based on the interest rate and tenure. With just a few clicks, you can estimate the interest you will earn, making it easy to plan your finances.

Fixed deposits are a great way to save money, as they offer a higher interest rate than a savings account. However, it is important to know how much your deposit will be worth at maturity so that you can plan your finances accordingly. This is where an RBL Bank fixed deposit calculator comes in handy.

How to Use the Urban Money Fixed Deposit Calculator?

The Urban Money fixed deposit calculator helps determine how much interest you’ll earn. With this tool, you can input your investment amount and desired return, and it will calculate your FD’s maturity value. Remember to review the interest rates and terms before investing to make the most of your fixed deposit.

All you need to do is enter the amount of money you have invested, the tenure of your deposit and the approximate interest rate. The calculator will then give you an estimate of the interest you will earn on your deposit. This will help you decide whether an RBL Bank fixed deposit is the right investment.

Banks primarily use the following formula to determine the interest rate and maturity amount on your fixed deposit investment:

A = P + (P*R*T/100)

Where,

• P is referred to as the amount invested in the fixed deposit,
• R is referred to as the rate of interest applicable
• T is referred to as the tenure of the fixed deposit

RBL Bank Fixed Deposit Interest Rates 

RBL Bank offers FDs with attractive interest rates. The interest rates vary depending on the amount deposited, the tenure and the type of FD. The interest rates offered by the bank are tabulated below:

Tenure	Domestic Rates (p.a.)	Senior Citizen (p.a.)
7 days to 14 days	3.25%	3.75%
15 days to 45 days	3.75%	4.25%
46 days to 90 days	4.00%	4.50%
91 days to 180 days	4.50%	5.00%
181 days to 240 days	5.00%	5.25%
241 days to 364 days	5.25%	5.75%
365 days to 452 days	6.50%	7.00%
453 days to 459 days	7.00%	7.00%
460 days to 724 days	7.00%	7.50%
725 days	7.25%	7.75%
726 days to less than 24 months	7.00%	7.50%
24 months to less than 36 months	6.75%	7.25%
36 months to less than 60 months one day	6.55%	7.05%
60 months two days to 240 months	5.75%	6.25%
Tax Saving Deposit of 60 months	6.55%	7.05%

Comparison of RBL Fixed Deposit Interest Rates with other Banks and Lenders 

The table below showcases a comparison between RBL fixed deposit interest rates with other banks and lenders.

Bank	Regular Investors	Senior Citizens
RBL Bank	6.55%	7.05%
SBI	5.50%	6.30%
HDFC	5.60%	6.10%
Axis Bank	5.75%	6.50%
IndusInd Bank	6.50%	7.00%
IDBI Bank	5.60%	6.35%
IDFC First	6.50%	7.00%