This application lets you calculate the maturity amount of Fixed Deposits (FDs) and Recurring Deposits (RDs), and the EMI on loans. It can calculate the maturity amount for yearly, half-yearly, quarterly and monthly compounded interests.The computation of maturity amount for RD is based on the formula in http://www.iba.org.in/formula.asp.The application now also includes a currency converter.All user features of the application are free. The In-app products are only for removing ads and taking donations.
Bank Interest Calculator
