Systematic Deposit Calculator - PowerPoint PPT Presentation

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Systematic Deposit Calculator

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Systematic deposit calculator use for calculate the interest of monthly Installments... It's an financial calculator help in budget planning. – PowerPoint PPT presentation

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Title: Systematic Deposit Calculator


1
Welcome
2
Systematic Deposit Calculator
3
  • Systematic Deposit Plan (SDP) is said to be one
    of the best ways to earn high returns on deposit.
    This plan is a rapid savings tool in which an
    individual can make some little monthly deposits.
    It is a feature of a regular fixed deposit. This
    scheme comes in a span of 12 to 60 months. This
    feature empowers an individual to enjoy the fixed
    growth of an FD with the ease of investment.
  • Feature of SDP is highly beneficial to earners
    especially young earners with a slender earning
    capability. Individuals can start their deposit
    account with a minimum amount of Rs.5000 which is
    a very convenient way to organize the savings for
    better and that is the reason this feature
    performs as a value-added savings tool.
  • Even though SDP in India provides a chance of
    getting a higher return, few depositors find
    difficulty in keeping track of their gains in the
    long run. To easily compute the maturity value of
    an individuals monthly deposit plan, depositors
    can use a genuine financial tool like a
    systematic deposit calculator.
  • What is a Systematic Deposit Calculator?
  • A Systematic Deposit Calculator is a very useful
    financial tool that is created to help depositors
    compute difficult maturity-oriented calculations
    with ease. This is a free online tool to
    calculate the potential returns of a fixed
    deposit. This tool is used to obtain accurate
    results of the returns and hence, depositors
    should know and learn how to access and use such
    financial tools.

4
  • How to operate a Systematic Deposit Calculator?
  • Users can easily calculate the maturity value of
    their amount online in just a few steps.
  • Steps which shows how to use a systematic deposit
    calculator are as follows
  • Users should visit a reliable online Systematic
    Deposit Calculator tool, for example, one tool
    offered by Bajaj Finance.
  • After visiting the page then selects your
    customer type.
  • Then enter the deposit amount that you want to
    invest and the minimum amount should be Rs.5000
  • Next, select the maturity period as per your
    convenience i.e. between 12 months and 60 months.
  • Then select the frequency of deposits.
  • After completing all the steps you will
    automatically see the maturity amount and total
    interest earned on your fixed deposit. If you
    want to see how the maturity amount and interest
    earned changes then even you can try different
    combinations of tenure and deposit amount.
  • The conclusion of the calculation is based on
    these following
  • The current rate of interest.
  • Amount of deposit.
  • Maturity period.
  • Frequency of deposits.
  • .

5
  • Benefits of Systematic Deposit Calculator
  • The calculator gives correct calculations. It
    does not only help to give accurate results but
    also eliminates the manual calculations which
    reduce making any error.
  • It is very quick and convenient to use. The
    simple and user-friendly interface of this tool
    makes it easy for users to use it at any time.
  • It is easy to adjust and adapt as users can
    change details of their deposit tenor, amount,
    and frequency and can compare the different
    outcomes easily.
  • Hence, to find your returns efficiently you
    should learn how to access and use the systematic
    deposit calculator which is serving as a very
    useful tool for financial management

6
  • Thank you
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