50,000 AED
4.25%
Your Investment Summary
Principal Amount:
50,000 AED
Investment Period:
12 Months
Annual Interest Rate:
4.25%
Total Interest Earned:
2,125 AED
Maturity Value:
52,125 AED
Based on your inputs, your FD will grow to 52,125 AED after 12 months, earning you 2,125 AED in interest.
Step 1:
Put in the amount you wish to deposit (in AED).
Step 2:
Decide the term you want (it can be in months or years).
Step 3:
Decide whether to use a flat interest rate or see an applicable compounded rate every year as your interest.
Step 4:
Decide whether to get interest payments monthly, quarterly, or at the time of maturity.
Step 5:
Click Calculate My Returns.
Key Highlights
- Low-risk investment
- Locked-in principal
- More returns compared to what you would get with savings accounts
- They might keep going for another year or they can be closed on maturity
What You’ll Get
- The Amount You have Earned
- Maturity Amount
- Table showing Investment Summary
Types of Fixed Deposits in UAE
Popular FD Types
- Short-Term FDs (1 to 12 months)
- Long-Term FDs (1 to 5+ years)
- Cumulative vs. Non-Cumulative
- Islamic Fixed Deposits
Banks Offering Competitive FD Rates
Simple Interest Formula
Interest = (P × R × T) / 100
Where:
- P = Principal Amount
- R = Annual Interest Rate
- T = Time (in years)
Compound Interest Formula (Annually)
A = P (1 + r/n) ^ nt
Where:
- A = Final amount
- n = Compounding frequency per year
Example 1 – AED 100,000 at 4.25% for 1 Year
- Interest: AED 4,250
- Maturity Amount: AED 104,250
Example 2 – AED 50,000 at 5.00% for 2 Years (Compound)
- Interest: AED 5,125
- Maturity Amount: AED 55,125
Also see our UAE VAT Calculator for quick tax solutions!
