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An Equated Monthly Installment (EMI) is a fixed payment amount made by a borrower to a lender at a specified date each calendar month. Equated monthly installments are used to pay off both interest and principle each month so that over a specified number of years, the loan is paid off in full.
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FD/Term Deposit Calculator
The Fixed Deposit (FD) calculator will help you calculate the maturity value of the investment if it grows at a certain interest rate and also interest amount you will earn on your fixed deposit investment.
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Use this Recurring Deposit (RD) calculator to find out the Interest and Maturity you would earn through a Recurring Deposit offered by our society.