South Indian Bank Limited (SIB) is a private sector bank headquartered at Thrissur in Kerala, India. Its is first among the private sector banks in Kerala to become a scheduled bank in 1946. It has the third largest branch network among Private Sector banks in India.
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.