On 20th July 1908, under the Companies Act of 1897, and with a paid up capital of Rs 10 Lacs, the founder, Maharaja Sayajirao Gaekwad started THE BANK OF BARODA, that has now translated into a strong, trustworthy financial body.
Fixed 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.
You Invested Rs.
Maturity Value Rs. Interest earned Rs.
Note: In India, banks use quarterly compounding to calculate interest in rupees.