Calculate and compare fixed deposit rates from Singapore banks
Fixed Deposit Calculator
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Initial Amount
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Interest Earned
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Maturity Amount
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Maturity Date
Deposit Growth Chart
Quick Comparison Table
Deposit Amount
3 Months
6 Months
12 Months
24 Months
Comparison based on average bank rates
Fixed Deposit Tips and Guides
Longer Terms = Higher Rates
Banks typically offer higher interest rates for longer deposit terms as your money is committed for more time.
Power of Compound Interest
Compound interest earns interest on both your principal and previously earned interest, maximising your returns.
Deposit Protection
In Singapore, deposits are protected by the Singapore Deposit Insurance Corporation (SDIC) up to S$100,000 per depositor per Scheme member.
Consider Tax Implications
Interest income from fixed deposits with Singapore banks is generally not subject to income tax for Singapore tax residents. However, non-residents may be subject to withholding tax. Consult a tax advisor for your specific situation.
