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Earn up to 7.65%* p.a. with FIP
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Please enter the monthly installment amount for your FIP. Please note that the amount should be in multiples of Rs.500.

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Fixed Investment Plan Calculator

A Fixed Investment Plan (FIP) is a structured savings scheme that allows you to invest a fixed amount monthly, starting from just ₹1,000. This plan ensures steady growth through fixed returns and offers flexibility regarding investment duration. You can choose from various instalment options ranging from 12 to 48 months, allowing you to tailor your savings according to your financial goals

To make your planning easier, you can use our online fixed investment plan calculator. This tool helps you estimate your potential maturity amount (the total value of your investment at the end of the term, including interest). The calculator also provides insights into your expected monthly return to help you make informed decisions about your financial future.

Fixed Investment Plan Calculator Online

Using the Fixed Investment Plan calculator online is an efficient way to help you plan and optimise your investments. This calculator enables you to quickly and accurately estimate the future value of your fixed investment plans. By providing key details such as the investment amount, interest rate, and investment tenure into the calculator, you may calculate the maturity amount and expected monthly returns.

I am a Woman

Investment amount

₹

Number of Instalments

months

Min 12 months

Max 48 months

Effective Tenure

Note: (No. of Instalments + 12 Month maturity period from the last instalment due date )

months

Investment Summary

Interest Rate %* p.a.

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FIP

Interest Earned

How to Use Shriram Finance Fixed Investment Plan Calculator Online?

Using our Fixed Investment Plan calculator is simple and straightforward. To estimate your savings and returns, follow the steps mentioned below:

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Step 1: Visit the Shriram Finance website and locate the Fixed Investment Plan Calculator

Begin by navigating to the official Shriram Finance website, where you will find a variety of financial tools and resources. Look for the section dedicated to calculators, specifically the Fixed Investment Plan Calculator. This tool is designed to assist you in calculating potential returns on your investments. C ick on it to access its features and start your journey towards effective financial planning.

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Step 2: Enter the desired investment amount and the number of instalments

Once you have accessed the Fixed Investment Plan Calculator, you will be prompted to input important details. First, specify the amount you wish to invest each month; this is your desired investment amount. Next, indicate the number of instalments you plan to make, which ranges from 12 to 48 months. These inputs are important as they directly influence the calculations and projections provided by the calculator. This helps you visualise your financial future based on your current decisions.

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Step 3: Check the estimated maturity amount on the screen

After entering all necessary information into the calculator, simply click on the calculate button or equivalent option to generate your results. The Fixed Investment Plan Calculator will then display an estimated maturity amount on your screen. This figure represents the total value of your investment at the end of your chosen tenure, including any interest earned. Reviewing this estimated maturity amount allows you to assess whether your investment strategy aligns with your financial goals and provides insight into how much you can expect to accumulate over time.

Benefits of Fixed Investment Plan Calculator

The fixed investment plan calculator simplifies the process of financial planning by offering accurate and detailed insights. Here are the key benefits of the FIP calculator:

Accurate Projections: The Fixed Investment Plan calculator provides precise estimates of maturity amounts and monthly returns, allowing investors to have a clear understanding of their potential earnings. By inputting specific data such as the investment amount, interest rate, and tenure, users can receive tailored projections that reflect their unique financial situations. This level of accuracy empowers investors to make informed decisions about their savings strategies.

Time-efficiency: Using the Fixed Investment Plan calculator helps streamline complex calculations, saving you valuable time and effort that would otherwise be spent on manual computations. The calculator automates the process, allowing you to quickly obtain results without needing to go through complex formulas or lengthy calculations. This efficiency is particularly beneficial for busy investors who need to manage multiple financial commitments while still seeking to optimise their investment returns.

Easy Comparison: The Fixed Investment Plan calculator helps you compare various investment scenarios to identify the optimal option for your financial goals. By allowing users to input different variables such as the investment amount and the number of instalments, the calculator enables side-by-side comparisons of potential returns. This feature is crucial for investors who want to evaluate multiple plans and select one that aligns best with their risk tolerance and financial objectives.

Convenient Accessibility: Available online for use anytime and anywhere, the Fixed Investment Plan calculator ensures that you can access your financial planning tools at your convenience. Whether you are at home, in the office, or on the go, having a reliable calculator at your fingertips allows you to make quick adjustments to your investment plans as needed. This accessibility helps you stay on top of your financial goals without being constrained by location or time.

Efficient Financial Planning: The FiIed Investment Plan calculator assists in effectively managing and planning your savings by providing detailed insights into potential returns and growth trajectories. With its user-friendly interface, our calculator helps you strategise your investments in a way that maximises growth while minimising risks. By understanding how different factors influence your returns, you can make proactive adjustments to your investment strategy, ensuring that you remain aligned with your long-term financial objectives.

Formula for Calculating FIP Maturity Amount

Let us understand Fixed Investment Plan calculation formula with an example. 
Ayush chooses an FIP with a 24-month instalment period, paying monthly instalments diligently throughout this tenure. Besides the interest credited for the 24-month instalment period, Shriram Finance offers an additional 12-month maturity period from the last instalment due date at the same interest rate. So, Ayush benefits from the interest on his investment for a total of 35 months, despite making instalment payments for only 24 months. This means he sees a favourable return on his investment.

Maturity Amount = P× (1+nr) n × t 
Where:

  • P = Principal amount (initial investment)
  • r = Annual interest rate
  • n = Number of compounding periods per year
  • t = Total investment tenure (in years)

Calculating FIP returns manually can be challenging. It is best recommended to use a Fixed Investment Plan calculator. Shriram Finance offers competitive interest rates with FIPs, making your savings grow faster.

Fixed Investment Plan Calculator FAQs

What is a fixed investment plan calculator?

An FIP calculator is used to estimate the maturity value of fixed investment plans. It calculates returns based on the principal amount, interest rate, and investment tenure.

How does a fixed investment plan calculator work?

The fixed investment plan deposit calculator projects your potential returns based on your selected investment amount, tenure, and fixed interest rate. It offers an online forecast of the earnings you might achieve from your investment.

What is the purpose of using a fixed investment plan calculator?

The purpose of using a fixed investment plan amount calculator is to: 

  • Estimate Future Value: Estimate the maturity amount of your investment.
  • Compare Options: Evaluate different investment plans.
  • Plan Savings: Strategise your financial goals effectively.

What types of investments can be calculated using this tool?

Each investment type has a dedicated calculator designed to compute returns specific to that investment. Using a fixed investment plan value calculator ensures an accurate estimate of returns for fixed investment plans.

Can a fixed investment plan calculator predict exact returns?

Yes, a fixed investment plan calculator can accurately estimate returns based on the investment amount, tenure, and interest rate, providing precise projections.

What are the key inputs required for using a fixed investment plan calculator?

The key inputs needed for a fixed investment plan calculator include gender, investment amount, instalment period and effective tenure. Women depositors benefit from special interest rates when investing in a fixed investment plan.

Are fixed investment plan calculators freely available online?

Yes, you can use the Shriram Finance FIP Return Calculator for free online.

How can I use the results from the calculator to plan my investments?

The results from the FIP Interest Rate Calculator can be used to assess potential returns, compare various investment options, and develop investment strategies aligned with your financial goals.

Can a fixed investment plan calculator account for inflation?

No, the Fixed Investment Plan Rate Calculator cannot account for inflation.

Are there any risks associated with using fixed investment plan calculators?

No, there are no inherent risks associated with utilising a Fixed Investment Plan Maturity Calculator. They are designed to provide informational estimates of potential investment returns based on the input parameters.

Maximise savings with a Fixed Investment Plan