Discover the power of smart savings. Our Fixed Deposit Calculator for United arab emirates (FD UAE) simplifies your financial planning, helping you predict returns on your investments with ease.
Deposit Calculator for UAE
Your Fixed Deposit Details
| Parameter | Value |
|---|---|
| Deposit Amount (AED) | – |
| Interest Rate | – |
| Duration | – |
| Total Interest Earned | – |
| Total Deposit Amount (AED) | – |
Also use: Dubai Home Loan Estimator | Calculate UAE Car Loan | Debt Burden Estimator UAE | Estimate Investment Returns UAE
How to use the Fixed Deposit Calculator For FD UAE
Want to invest your money wisely and grow your savings over time? One way to do that is by investing in fixed deposits in the United Arab Emirates (UAE). Fixed Funds Projection Calculator is a safe and secure way to earn interest on your savings. To make informed decisions about your investments you need the right tools. In this guide we will walk you through how to use the Deposit Calculator for UAE, a simple online tool to calculate your fixed deposit returns.
What is Fixed Deposit Calculator?
Deposit Estimation Tool is an online tool to give you an idea about your fixed deposit investments. It’s useful for individuals who want to deposit a certain amount of money and want to calculate the interest they will get for a specific period.
How to use Fixed Deposit Calculator?
Using this Money Growth Calculator is very simple. Follow these steps to grow your savings:
Step 1: Enter Your Deposited Amount
Enter the amount you want to deposit. This is called “Deposited Amount”. It’s the amount you are investing in your fixed deposit.
Step 2: Enter the Interest Rate
Next you need to enter the “Interest Rate”. This rate is given by the bank where you plan to open your fixed deposit. Interest rates are usually annual. Make sure to enter the correct interest rate for your deposit.
Step 3: Enter the Tenure
In the “Tenure” field enter the number of years you want to keep your money in the fixed deposit. This tenure plays a big role in determining the final amount you will get.
Step 4: Click “Calculate”
Once you have entered all the details, click the “Calculate” button. The Deposit Calculator will process your data and give you a detailed breakdown of your fixed deposit returns.
Results
Deposit Calculator will give you a table and a pie chart to view your fixed deposit details:
1. Deposited Amount
This is the amount you invested in your fixed deposit.
2. Interest Rate
Interest Rate is the annual percentage rate (APR) for your deposit.
3. Tenure
Tenure is the number of years you want to keep your money invested.
4. Total Interest
This is the total interest you will get for the specified tenure.
5. Total Deposit
Major banks in the UAE Which offer fixed-deposit accounts
| Bank Name | Minimum Deposit Amount | Interest Rate Range | Tenure Options |
|---|---|---|---|
| Emirates NBD | AED 10,000 | 0.25% – 2.25% | 1 month to 5 years |
| Mashreq Bank | AED 10,000 | 0.50% – 2.50% | 1 month to 3 years |
| Abu Dhabi Commercial Bank | AED 10,000 | 0.50% – 2.75% | 1 month to 5 years |
| Dubai Islamic Bank | AED 10,000 | 0.25% – 2.75% | 1 month to 5 years |
| First Abu Dhabi Bank | AED 5,000 | 0.10% – 2.60% | 1 month to 5 years |
| RAKBANK | AED 10,000 | 0.50% – 2.75% | 1 month to 5 years |
Resources for Reference: Check out “here” for fixed Wikipedia deposit info. | Check out Wikipedia info “Here” for interest rates.
