Bank Interest Calculator

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.

The application can also be used to find currency conversion rates.

All user features of the application are free.