Bank Interest Calculator for iOS

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Developer’s Description

This application lets you calculate the maturity amount of Fixed Deposits (FDs) and Recurring Deposits (RDs), and the EMI on loans. It can...

This application lets you calculate the maturity amount of Fixed Deposits (FDs) and Recurring Deposits (RDs), and the EMI on loans. It can calculate the maturity amount for yearly, half-yearly, quarterly and monthly compounded interests.The computation of maturity amount for RD is based on the formula in http://www.iba.org.in/formula.asp.All user features of the application are free.