With quick results at your fingertips, you can make smarter investment decisions with confidence. A Fixed Deposit calculator makes investment planning simple by taking away the hassle of manual calculations. Different tenures and payout options can make it tricky to figure out returns on your own, but this tool does it instantly for you. Past performance neither guarantees future returns nor assures any pension amount by NPS Trust. Investments under the National Pension System (NPS) are subject to market risks. The annuity plans available are as approved by the Authority and are subject to change without any prior notice.

In the case of seasonal establishment, gratuity is payable at the rate of seven days wages for each season. The Act does not affect the right of an employee to receive better terms of gratuity under any award or agreement or contract with the employer. In 2024, the Union Cabinet approved the Union Pension Scheme (UPS) to provide a minimum assured pension to central government employees. UPS has been introduced as an optional component within the National Pension System (NPS). It will be available to central government employees already enrolled in NPS and opting for the scheme. The Customer agrees that I-Sec assumes no liability whatsoever in case of any event of such compromise of the Customer’s WhatsApp and I-Sec shall not be held responsible for any such event.

• I-Sec accepts no liability whatsoever, direct or indirect for noncompliance with the laws of any country other than that of India.
• The reinvestment or cumulative investment option would help the depositor benefit from the power of compounding, as the interest component remains invested in the FD and starts generating interest income on its own.
• Depositors can use fixed deposit calculator to estimate the monthly accrued interest on their FDs by choosing the monthly payout option and entering values the deposit amount, FD rate and tenure.
• The WhatsApp Terms and Conditions shall be in addition to any other terms and conditions as stipulated by the I-Sec from time to time on its website () whether pertaining to the account or in relation to other products, services or facilities provided by I-Sec.
• Just enter the deposit amount and tenure, and it will instantly display your maturity value.

Top 20 Scheduled Banks based on FD Rates

The Customer authorizes I-Sec to send account related information, though not specifically requested, if I-Sec deems that the same is relevant. The Customer shall independently be guided by the privacy policies of WhatsApp and the third parties or group companies of WhatsApp and I-Sec has no control over them. I-Sec is not responsible for the privacy or security policies at these sites or other third-party sites that may be linked to within I-Sec’s social media channels. The Customer should always review the privacy and security practices and policies of each third-party site you visit. I-Sec does not endorse and is not responsible for any ads, content, products, advice, opinions, recommendations or other material of third-party sites that may be promoted via advertising within any social media channels. At the time of creation, the minimum available balance in the Savings Account should be ₹15,000.

Pros of NPS

While the NAV is important, you should also consider factors like historical performance, potential for returns and expense ratio while making an investment. Usually, the interest for FD with a tenure of 6 months or lower is calculated using simple interest method. The compound interest method is used for FDs with a tenure of more than 6 months. When going for monthly interest payout, banks mostly calculate interest on discounted rates. If the Life Insured dies by suicide within 12 months of the effective date of risk commencement or the date of revival of policy, the policy shall terminate immediately. You can choose the tenure of income benefit between Long Term Income or Whole life Income.

Fixed Deposit Interest Rates

The Company is having a valid Certificate of Registration dated 31st January 2023 issued by the Bank under section 45-IA of the RBI Act. You can surrender the policy any time during the Policy Term after the policy has acquired a Surrender Value. Your policy will ipl points acquire a Surrender Value after completion of first policy year, provided all due premiums for at least One full policy year is paid. You can choose between 5 Income Variant and Lumpsum Benefit options – Level income with Lumpsum benefit, Level Income with Enhanced Lumpsum Benefit, Increasing Income with Lumpsum Benefit, Level Income with Return of Premium Benefit, Income only Benefit.