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The Ratnakar Bank

Ratnakar Bank Ltd. was inspired by the motivating force of Shri. Babgonda Bhujgonda Patil a distinguished Advocate of Sangli and Shri. Gangaram Siddhappa Chougule, a renowned merchant of Kolhapur. The bank was set up on 6th, August 1943. In 1959 RBI granted the status of Scheduled bank to the Ratnakar Bank Ltd. The bank was set up with an aim to cater to the financial needs of the low and middle income segment of the society who were engaged in trade and commerce.

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 (%)
Note: In India, banks use quarterly compounding to calculate interest in rupees.
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