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Bank of India

Bank of India was founded on 7th September, 1906 by a group of eminent businessmen from Mumbai. The Bank was under private ownership and control till July 1969 when it was nationalised along with 13 other banks. In business volume, the Bank occupies a premier position among the nationalised banks.

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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