#FOREX COMPOUND CALCULATOR UPDATE#

#FOREX COMPOUND CALCULATOR UPDATE#

ICICI Bank does not undertake any liability or responsibility to update any data. User should exercise due care and caution (including if necessary, obtaining of advise of tax/ legal/ accounting/ financial/ other professionals) prior to taking of any decision, acting or omitting to act, on the basis of the information contained / data generated herein.

The use of any information set out is entirely at the User's own risk. ICICI Bank does not guarantee accuracy, completeness or correct sequence of any the details provided therein and therefore no reliance should be placed by the user for any purpose whatsoever on the information contained / data generated herein or on its completeness / accuracy. Such information and the resultant data is provided only for user's convenience and information purposes. ICICI Bank, while providing and developing these tools, has relied upon and assumed, without independent verification, the accuracy and completeness of all information made available to it from public / private sources and vendors or which has otherwise been reviewed by ICICI Bank. These questions and the calculations thereon resulting in specific data are developed and based on certain tools and calculators that are made available to ICICI Bank and are based on pre-determined presumptions/assumptions.

The data generated herein is completely and solely based on the information/details provided by you in response to the questions specified by ICICI Bank Limited ('ICICI Bank'). NRO FD: Minimum of seven days, maximum period is 10 years NRE FD: Minimum of one year, maximum period is 10 years The tenures of deposits are as follows: FD type

The minimum FD amount should be Rs 25,000.

For NRO FDs, the maturity amount indicated is subject to TDS as applicable from time to time Rates are subject to change from time to time.

Senior citizen rates are not applicable to NRE and NRO Deposits.

For interest rates on deposits of Rs 2 crore and above, please click here.

The FD calculator will provide the maturity amount for deposits of up to Rs 1,99,99,999.

For details on interest rates on FCNR deposits, please click here The FD calculator cannot be used for calculating the maturity value for Foreign Currency Not Repatriable (FCNR) Account Deposits.

The FD calculator provides indicative rates of the amount on maturity, which are applicable only to Non-Resident External (NRE) and Non Resident Ordinary (NRO) Term Deposits with a premature FD withdrawal facility.

The rates set as default in the calculator are for ‘Resident’ deposits less than Rs 1 crore.

For additional terms and conditions, please click here.

Short-term FD: Minimum of seven days, maximum period is 91 days.

Monthly interest pay out: Minimum of three months, maximum period is 10 years. Quarterly interest pay out: Minimum of six months, maximum period is 10 years. Pay-out type Minimum tenure Maximum tenure: Pay-out typeĬumulative interest pay out: Minimum of six months, maximum period is 10 years

The FD amount should be minimum Rs 10,000 and maximum Rs 1,99,99,999.

For more on FD interest rates, please click here

Interest rates are subject to change from time to time.

Tax Deducted at Source (TDS) will be applicable on the interest earned as per the prevailing rate for your FD.

With an FD calculator design a monthly/quarterly pay-out plan by investing a lump sum.

With an FD calculator gauge your investment growth in the given tenure.

With an FD calculator it becomes easier for you to decide on how much to invest.

With an FD calculator you can work out the annualised interest rate on your Fixed Deposit.

We have optimised the FD interest rate calculator for you: Calculate your return on a Fixed Deposit (FD)

Forex compound calculator