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Axis Bank

Axis Bank was the first of the new private banks to have begun operations in 1994, after the Government of India allowed new private banks to be established. The Bank was promoted jointly by the Administrator of the specified undertaking of the Unit Trust of India (UTI - I), LIC and GIC and other four PSU insurance companies, i.e. National Insurance Company Ltd., The New India Assurance Company Ltd., The Oriental Insurance Company Ltd. and United India Insurance Company Ltd.

Fixed Deposit CalculatorFixed Deposit Calculator:

Fixed Deposits are a great way to invest for those who rate safety higher than returns.
This Fixed Deposit (FD) Calculator helps you find out how much interest you can earn on an FD and the value of your invesment (Principal) on Maturity when compounding of interest is done on a monthly, quarterly, half-yearly or yearly basis.
Principal (Rs.)
Rate of Interest (%)
Period
Frequency
Note: In India, banks use quarterly compounding to calculate interest in rupees.
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