Standard Chartered Bank Fixed Deposit Calculator
A Fixed Deposit (FD) is a popular investment option that allows individuals to deposit a lump sum amount with a bank for a fixed tenure at an agreed-upon interest rate. Standard Chartered Bank provides a diverse selection of Fixed Deposit schemes, featuring different tenures and interest rates. The Standard Chartered Bank Fixed Deposit Calculator is an online tool designed to help you estimate the maturity amount of your Fixed Deposit based on the principal, tenure, and applicable interest rates.
Benefits of the Standard Chartered Bank Fixed Deposit Calculator
- Accurate Return Estimates : The calculator provides precise estimates of your returns based on the amount, tenure, and interest rate you input, helping you make informed decisions about your investments.
- Easy to Use : With a simple interface, the calculator allows you to quickly calculate your maturity amount and interest payout without any complicated math.
- Flexible Tenure and Interest Options : You can input different tenures and choose between simple or compounded interest to see how your returns would change, giving you flexibility in planning your finances.
- Quick Decision Making : By using the calculator, you can instantly compare different investment scenarios and decide on the best Fixed Deposit that aligns with your financial goals.
- Customizable Inputs : The tool allows you to modify the principal amount, tenure, and interest rates to see how different factors impact your returns, helping you to better plan your investments.
- Transparency : The calculator provides full transparency regarding how interest is calculated, helping you understand how your investment grows over time.
- Helps in Planning : By showing you the projected maturity amount, it aids in planning for future financial needs such as education, retirement, or buying property.
- Saves Time : Instead of doing manual calculations, the tool saves time and effort, providing an instant calculation based on the latest interest rates.
- Optimized for All Investors : Whether you are a first-time investor or an experienced one, the calculator is a user-friendly tool to gauge the potential returns of your fixed deposit investment with Standard Chartered Bank.
How the Standard Chartered Fixed Deposit Calculator Can Help You?
The Standard Chartered Fixed Deposit Calculator is a powerful tool that helps you design your investment strategy effectively. This calculator can help you plan and maximize the returns on your Fixed Deposit investments by providing detailed insights and projections. Know more -
- Improved Decision-Making – Empower yourself to make well-informed investment choices with assurance. The Standard Chartered Bank Fixed Deposit Calculator provides precise and reliable calculations, empowering you to choose the best Fixed Deposit option based on expected returns and tenure.
- Goal-Oriented Approach - Align your fixed deposit investments with specific financial goals, such as saving for a future purchase, education, or retirement. The calculator helps you adopt a purposeful and targeted strategy for wealth creation.
- Comparative Assessment - Quickly compare different Fixed Deposit options—varying in tenure, interest rates, and payout frequency—to identify the most suitable plan that matches your financial needs and preferences.
- Precision and Reliability - Avoid guesswork and manual calculation errors. The Fixed Deposit Calculator delivers accurate and dependable results, serving as a trustworthy guide for all your fixed deposit investment decisions.
Assured Returns with Standard Chartered Bank Fixed Deposit | Benefits
- Guaranteed Returns : Secure guaranteed returns on your fixed deposit investments without exposure to high risks.
- Instant Booking : Book your Fixed Deposit easily and instantly through Online Banking for a seamless experience.
- Low Investment Requirement : Start your Fixed Deposit with as little as INR 10,000, making it accessible for everyone.
- Flexible Tenure Options : Choose a tenure that suits your financial goals, ranging from 7 days to 5 years, offering you flexibility.
- Overdraft Facility : Enjoy the convenience of an overdraft facility against your Fixed Deposit if you need immediate liquidity.
- Customizable Interest Accruals : Choose between simple or compounded interest options and receive monthly interest payouts, allowing you to tailor the investment to your needs.
- Auto-Renewal Option : Set your Fixed Deposit for auto-renewal on the maturity date, ensuring you don’t lose out on interest.
- Senior Citizen Benefits : Senior citizens can enjoy an additional 0.5% interest on Fixed Deposits. Click here to view the tenure details for Senior Citizen rates.
This structure allows for peace of mind and makes investing in Fixed Deposits with Standard Chartered Bank a simple and beneficial process.
How to Use Wishfin Standard Chartered Bank Fixed Deposit Calculator?
To use the Wishfin Standard Chartered Bank Fixed Deposit Calculator, follow these simple steps:
- Visit the Wishfin Fixed Deposit Calculator: Go to the Wishfin Standard Chartered Bank Fixed Deposit Calculator page.
- Enter the Principal Amount: Input the amount you wish to invest in the Principal section. The minimum investment is typically INR 10,000.
- Select the Tenure: Choose the tenure for which you want to invest. The options usually range from 7 days to 5 years. The longer the tenure, the higher the interest rate you may receive.
- Choose the Interest Payout Option: Decide how you want to receive the interest:
- Monthly Payout (for regular income)
- Quarterly or Annually (for less frequent payouts)
-
On Maturity (when the interest is compounded and disbursed at the end of the FD term).
-
Select Interest Type:
Choose between simple interest and compound interest based on your preference. Compound interest generally yields higher returns.
- Enter the Interest Rate: Input the applicable interest rate for your selected tenure. The calculator will adjust based on the latest rates.
- Senior Citizen Benefits (if applicable): If you are a senior citizen, make sure to apply the additional 0.5% interest rate that Standard Chartered offers to senior citizens.
- Hit "Calculate." After entering all the required details, press the Calculate button to view the maturity value and the total interest earned.
- View Your Results: The calculator will show
-
- Maturity Amount: The total value you will receive at the end of the investment period.
- Interest Earned: The total interest generated on your original investment amount.
- Plan and Adjust: If the results do not match your expectations, you can adjust the tenure, principal amount, or interest type and recalculate until you find the best fit.
Key Tips:
- Interest Rate Variations : The interest rates may vary based on your investment amount and tenure, so ensure you're using the most up-to-date rate.
- Auto-Renewal Option : The calculator also factors in auto-renewal, which can be an option for those who want to reinvest their Fixed Deposit at maturity.
This Standard Chartered Bank Fixed Deposit Calculator helps you plan your fixed deposit investment with the bank by providing clarity on the returns you can expect.
Formula For Calculating Standard Chartered Bank Fixed Deposit
To calculate the maturity amount for a Standard Chartered Bank Fixed Deposit (FD), you can use the following formulas based on the type of interest calculation method you choose:
- For Simple Interest (Non-Compounded):
To calculate the maturity amount using simple interest, the following formula is used:
Maturity Amount= P×(1+ 100 R×T )
Where:
- P = Principal amount (initial deposit)
- R = Annual interest rate (in percentage)
- T = Period (in years)
- For Compound Interest (Interest Compounded Quarterly or Annually):
To determine the maturity amount using compound interest, use the following formula:
A=P×(1+100nR)n×T
Where:
- A = Maturity Amount (Principal + Interest)
- P = Principal amount (initial deposit)
- R = Annual interest rate (in percentage)
- n = Frequency of compounding annually (e.g., 4 times for quarterly, 12 times for monthly compounding)
- T = Period (in years)
Standard Chartered Bank Fixed Deposit Interest Rates Domestic / NRO FD
Here is the Standard Chartered Bank Fixed Deposit interest Rate for amounts more than 2 crores. Make sure to go through the table properly to avoid any confusion - Effective for: 9 May 2025
| Tenure | < Rs 2 Cr | Rs 2 Cr – < Rs 3 Cr | Rs 3 Cr – < Rs 4 Cr | Rs 4 Cr – < Rs 5 Cr | Rs 5 Cr – < Rs 6 Cr | Rs 6 Cr – < Rs 7.5 Cr | < Rs 1 Cr (Senior Citizens) |
|---|---|---|---|---|---|---|---|
|
7–9 days |
2.75% |
2.75% |
3.50% |
3.50% |
3.50% |
5.00% |
2.75% |
|
10–14 days |
2.75% |
2.75% |
5.00% |
5.00% |
3.50% |
5.00% |
2.75% |
|
15–17 days |
2.75% |
2.75% |
5.00% |
5.00% |
3.50% |
5.00% |
2.75% |
|
18–20 days |
2.75% |
2.75% |
5.00% |
5.00% |
3.50% |
5.00% |
2.75% |
|
21–23 days |
2.75% |
2.75% |
5.00% |
5.00% |
3.50% |
5.00% |
2.75% |
|
24–26 days |
2.75% |
2.75% |
5.00% |
5.00% |
3.50% |
5.00% |
2.75% |
|
27–29 days |
2.75% |
2.75% |
5.00% |
5.00% |
3.50% |
5.00% |
2.75% |
|
30–32 days |
2.75% |
2.75% |
5.00% |
5.00% |
3.50% |
5.00% |
2.75% |
|
33–35 days |
2.75% |
2.75% |
5.00% |
5.00% |
3.50% |
5.00% |
2.75% |
|
36–38 days |
2.75% |
2.75% |
5.00% |
5.00% |
3.50% |
5.00% |
2.75% |
|
39–41 days |
2.75% |
2.75% |
5.00% |
5.00% |
3.50% |
5.00% |
2.75% |
|
42–44 days |
2.75% |
2.75% |
5.00% |
5.00% |
3.50% |
5.00% |
2.75% |
|
45–47 days |
3.25% |
3.25% |
5.50% |
5.50% |
3.50% |
5.50% |
3.25% |
|
48–50 days |
3.25% |
3.25% |
5.50% |
5.50% |
3.50% |
5.50% |
3.25% |
|
51–53 days |
3.25% |
3.25% |
5.50% |
5.50% |
3.50% |
5.50% |
3.25% |
|
54–56 days |
3.25% |
3.25% |
5.50% |
5.50% |
3.50% |
5.50% |
3.25% |
|
57–59 days |
3.25% |
3.25% |
5.50% |
5.50% |
3.50% |
5.50% |
3.25% |
|
60–74 days |
3.50% |
3.50% |
5.50% |
5.50% |
3.50% |
5.50% |
3.50% |
|
75–85 days |
3.50% |
3.50% |
5.50% |
5.50% |
3.50% |
5.50% |
3.50% |
|
86–104 days |
5.50% |
5.50% |
5.50% |
5.50% |
3.50% |
5.50% |
5.50% |
|
105–120 days |
5.50% |
5.50% |
5.50% |
5.50% |
3.50% |
5.50% |
5.50% |
|
121–149 days |
5.50% |
5.50% |
5.50% |
5.50% |
3.50% |
5.50% |
5.50% |
|
150–164 days |
5.50% |
5.50% |
5.00% |
5.00% |
3.50% |
5.00% |
5.50% |
|
165–180 days |
5.50% |
5.50% |
5.00% |
5.00% |
3.50% |
5.00% |
5.50% |
|
181–210 days |
6.50% |
6.50% |
5.00% |
5.00% |
3.50% |
5.00% |
6.50% |
|
211–226 days |
6.50% |
6.50% |
5.00% |
5.00% |
3.50% |
5.00% |
6.50% |
|
227–269 days |
6.50% |
6.50% |
5.00% |
5.00% |
3.50% |
5.00% |
6.50% |
|
270–345 days |
6.50% |
6.50% |
5.00% |
5.00% |
3.50% |
5.00% |
6.50% |
|
346–364 days |
6.50% |
6.50% |
5.00% |
5.00% |
3.50% |
5.00% |
6.50% |
|
1 yr–375 days |
7.20% |
7.20% |
5.00% |
5.00% |
3.50% |
5.00% |
7.70% |
|
376–390 days |
7.10% |
7.10% |
4.90% |
4.90% |
3.50% |
4.90% |
7.60% |
|
391 d < 18 M |
7.10% |
7.10% |
5.00% |
5.00% |
3.50% |
5.00% |
7.60% |
|
18 M < 21 M |
7.10% |
7.10% |
5.00% |
5.00% |
3.50% |
5.00% |
7.60% |
|
21 M < 2 Yrs |
7.10% |
7.10% |
5.00% |
5.00% |
3.50% |
5.00% |
7.60% |
|
2 Yrs < 3 Yrs |
7.00% |
7.00% |
5.00% |
5.00% |
3.50% |
5.00% |
7.50% |
|
3 Yrs < 4 Yrs |
7.00% |
7.00% |
5.00% |
5.00% |
3.50% |
5.00% |
7.50% |
|
4 Yrs < 5 Yrs |
6.75% |
6.75% |
5.00% |
5.00% |
3.50% |
5.00% |
7.25% |
|
5 Yrs |
6.75% |
6.75% |
5.00% |
5.00% |
3.50% |
5.00% |
7.25% |
Frequently Asked Questions (FAQs)
