First, go through Singapore Fixed Deposit Promotion to find the best FD tenure & rates that suit your needs.
Then, use this simple Fixed Deposit (FD) calculator to calculate the possible amount of interest you can earn for the amount placed.
How To Calculate Fixed Deposit Interest Rate?
- Amount of Deposit: Enter the amount that you wanted to place in it.
- Deposit Period: Enter the tenure period.
- Interest Rate: Enter the interest rate offered.
Fixed Deposit Interest Rate Formula
Interest = Deposit * Rate * Tenure / 1200
Note: The actual interest earned may be different from the calculated interest due to a variety of factors.