Excel – Fixed Deposit (FD) Calculator

Description

File Details:

• File Name: Excel – Fixed Deposit (FD) Calculator.xlsx
• Number of Sheets: 1
• Sheet Name: Sheet1

Features:

✅ Calculates monthly interest and total maturity amount for Fixed Deposits.
✅ Allows users to input deposit amount, interest rate, and tenure to get accurate calculations.
✅ Includes a monthly breakdown of balance and interest earned.
✅ Automatically calculates total interest earned per year.
✅ User-friendly and structured layout for easy data input and analysis.

Benefits:

✔ Helps individuals and businesses plan their Fixed Deposit investments effectively.
✔ Provides an easy-to-use interface for quick calculations.
✔ Compare different FD schemes before investing.
✔ Saves time by eliminating the need for manual interest calculations.

Preview of Calculation Fields:

• Years & Months: Displays month-wise breakdown of deposit duration.
• Balance & Interest: Shows how the investment grows over time.
• Deposit Amount: User can enter their principal FD amount.
• Interest Rate (%): Allows input of custom interest rates.
• Total Maturity Value: Displays the final amount at the end of the FD tenure.
• Annual Interest Earned: Helps track yearly returns.

How to Use After Purchase:

1️⃣ Download the Excel file after purchase.
2️⃣ Open the file using Microsoft Excel or any compatible spreadsheet software.
3️⃣ Edit only the purple-colored cells to enter:

• Deposit Amount (Initial investment)
• Interest Rate (%) (Annual FD interest rate)
• Tenure (Years & Months) (FD duration)
  4️⃣ The sheet will automatically calculate your monthly interest, total maturity amount, and yearly returns.
  5️⃣ Do not modify other cells, as they contain pre-set formulas for accurate calculations.

Ideal For:

📌 Investors looking to calculate returns on Fixed Deposits.
📌 Finance professionals, banks, and investment advisors.
📌 Individuals planning their savings and future investments.