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IDBI Bank

On October 1, 2004, the erstwhile IDBI converted into a Banking company (as Industrial Development Bank of India Limited) to undertake the entire gamut of Banking activities. Post the mergers of the erstwhile IDBI Bank with its parent company (IDBI Ltd.) on April 2, 2005 and the subsequent merger of United Western Bank Ltd. with IDBI Bank on October 3, 2006, the tech-savvy, new generation Bank with majority Government shareholding today touches the lives of millions of Indians.

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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