Calculate your perfect Fixed Deposit! Our Monthly Interest Calculator goes beyond the basics. Tailor your calculations with options for regular and senior citizen deposits, various tenure lengths, and different interest rate scenarios. Make informed investment decisions and maximize your monthly returns with our comprehensive tool.

1. Interest rates: Compare interest rates offered by different banks and NBFCs before choosing an FD.
2. Premature withdrawal penalties: Most FDs charge penalties if you withdraw your money before the maturity period.
3. Tax implications: Understand the tax implications of investing in an FD.
4. Inflation: The interest rate you earn on an FD may not keep pace with inflation, eroding the purchasing power of your investment.