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Estimate your RD returns with Bank of India. Track savings and plan ahead.
Easily estimate your maturity amount and total interest earned with the BOI RD Calculator. Whether you're saving for a financial goal or planning your long-term investments, the BOI recurring deposit calculator helps you make smart, risk-free saving decisions.
The BOI RD Calculator is a simple and reliable online tool designed to calculate the maturity value and interest earned on your Recurring Deposit (RD) with Bank of India (BOI). Instead of manually calculating your earnings using complex formulas, you can enter your monthly deposit amount, tenure, and BOI RD interest rate to get instant results.
Whether you're a salaried individual, student, or retiree, the BOI RD account calculator helps you understand how much you’ll earn from your savings over time.
The BOI RD interest rate calculator uses the compound interest formula with quarterly compounding to determine your RD maturity amount. The interest is compounded four times a year, and your monthly deposits accumulate over the chosen tenure.
A=P×(1−(1+r/n)−1(1+r/n)nt−1)
Where:
A = Maturity Amount
P = Monthly Deposit Amount
r = Annual Interest Rate
n = Compounding Frequency (Quarterly = 4)
t = Tenure in Years
This formula gives an accurate estimate of the maturity amount you will receive at the end of your RD term.
The BOI RD interest rate calculator considers multiple factors to provide an accurate maturity estimate:
Deposit Amount – The fixed amount you contribute monthly.
Tenure – Duration of the recurring deposit (6 months to 10 years).
BOI Interest Rate – The annual interest rate set by Bank of India.
Compounding Frequency – Interest is compounded quarterly, enhancing earnings.
Bank of India RD interest rates may vary based on market conditions and RBI policies. Always check the latest rates before investing.
Using the FYERS BOI RD Calculator is easy and efficient. Follow these steps:
The calculator will instantly display:
Using a BOI recurring deposit calculator online provides multiple advantages:
Instant & Accurate Results – Get real-time calculations without complex formulas.
Time-Saving – No need for spreadsheets or manual calculations.
Better Financial Planning – Know your returns in advance and set savings goals accordingly.
Compare Scenarios – Try different deposit amounts and tenures to find the best plan.
User-Friendly Interface – Anyone can use it, regardless of financial expertise.
Take control of your savings journey with the easy-to-use BOI RD interest rate calculator. Whether you're saving for a milestone, a trip, or your future, the calculator ensures clarity, accuracy, and confidence in your investment.
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The calculator uses your input (monthly deposit, tenure, and interest rate) and applies a compound interest formula to estimate your maturity amount and total interest.
Yes. The calculator helps you plan your savings by showing how much you’ll earn at the end of your RD tenure based on your monthly contribution and BOI interest rates.
The BOI RD calculator provides highly accurate results based on the latest compounding methods and interest rates, assuming values entered are correct and up-to-date.
Just enter the monthly deposit, select your RD tenure, input the BOI RD interest rate, and hit calculate. The tool will instantly show your expected maturity amount and interest earned.
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