Fixed Deposite

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Fixed Deposite

In Deposit terminology, the term Fixed Deposit refers to a savings account or certificate of deposit that pays a fixed rate of interest until a given maturity date. Funds placed in a Fixed Deposit usually cannot be withdrawn prior to maturity or they can perhaps only be withdrawn with advanced notice and/or by having a penalty assessed.

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Fixed DEPOSIT SCHEME

AMOUNT 1ST YEAR MATURITY 2ND YEAR MATURITY 3RD YEAR MATURITY 4TH YEAR MATURITY 5TH YEAR MATURITY 6TH YEAR FD MATURITY 7TH YEAR MATURITY 10TH YEAR MATURITY 12TH YEAR MATURITY
1000 1110 1232.1 1367.63 1518.07 1685.05 1870.41 2000 3000 4000
5000 5550 6160.5 6838.15 7590.35 8425.25 9352.05 10000 15000 20000
10000 11100 12321 13676.3 15180.7 16850.5 18704.41 20000 30000 40000
20000 22200 24642 27352.6 30361.4 33701 37408.2 40000 60000 80000
25000 27750 30802 34190.75 37951.25 42162.25 46760.25 50000 75000 100000
50000 55500 61605 68381.5 75902.5 84324.5 93520.5 100000 150000 200000
100000 111000 123210 136763 151805 168649 187041 200000 300000 400000