Monthly Interest Calculator

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App Description

Easily calculate monthly interest payments for Fixed Deposit and Loan

✨ Are you looking for fixed monthly earning❓
Are you looking for a Fixed Deposit option that offers a fixed monthly income instead of a single payout upon maturity? This means that as long as your Fixed Deposit remains with the bank, you will receive these interest payments at a predetermined rate. Be aware that if you decide to break or withdraw your Fixed Deposit, your monthly income will stop immediately.

✨ Are you looking for monthly low interest loan❓
This loan option allows you to pay fixed interest amount each month, without reducing the principal amount. Later, when you're ready, you repay the entire principal amount at once, which ends the loan contract. It's a flexible way to keep your monthly payments lower while planning for full repayment down the line.



✨ Why should you use this app?
🔹 Calculate monthly payments for loans with interest-only repayment plans.
🔹 Find out how much monthly interest your fixed deposit will generate.



✨ How it works?
🔹 Enter the Principal Amount (loan or investment value).
🔹 Input the Interest Rate (annual rate in percentage).
🔹 Tap on "Calculate" to instantly see your monthly interest payment.



✨ Key Features:
🔹 Simple, user-friendly interface.
🔹 Lightweight and quick to use.
🔹 Accurate calculations for interest-only loans and fixed deposits.
🔹 Perfect for personal finance, business loans, or investment planning.



✨ Who can benefit?
📈 Loan borrowers planning monthly budgets.
💰 Investors calculating returns on fixed deposits or bonds.



➡️  App Features
❶  100% Free app. There is no 'in-app purchase' or Pro offers. Free means absolutely free for life time.
❷  Offline app! You have full freedom to use the app without Wi-Fi.
❸  Beautiful eye-catching design.
❹  App uses little phone space and works fine with low memory.
❺  You can share easily with your friends and family using Share button.
❻  Low battery consumption! The app is optimized to use the battery wisely.



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⚡ Disclaimer: We are not any Bank or offering any banking services. This application is just a Calculator which is designed to provide estimates and help with planning. For official rates and real-life offers, please consult a bank directly.