DPS calculator
Estimate the maturity amount from regular monthly deposits.
Your estimate
- Total deposited
- BDT 180,000.00
- Gross interest earned
- BDT 16,680.52
- Tax deducted from interest
- BDT 0.00
Results update as you change the numbers.
DPS savings over time
Deposits plus earned interest, before tax · BDT
| Year | Date of Start | Date of End | Deposited | Interest earned | Savings balance |
|---|---|---|---|---|---|
| 1 | — | — | BDT 60,000.00 | BDT 1,677.81 | BDT 61,677.81 |
| 2 | — | — | BDT 60,000.00 | BDT 5,481.96 | BDT 127,159.78 |
| 3 | — | — | BDT 60,000.00 | BDT 9,520.75 | BDT 196,680.52 |
Interest is earned during each year; balances are before tax. Final partial years are labeled. Values are rounded for display. Enter Date of Start above to show period dates.
Currency sets the display unit; amounts are not converted. Example rates only. Enter your bank’s rate. Estimates exclude fees and use monthly compounding. Tax is deducted at maturity using your entered rate.
Formula, example & assumptions
Behind the answer
How it works
r is the nominal annual percentage rate divided by 1,200; m is the number of months. Deposits are equal and interest compounds monthly. At zero interest, maturity equals deposit × months.
A worked example
Depositing 1,000 at the end of each month for 2 months at 12% nominal annual interest gives 2,010: the first deposit earns 10 and the second earns no interest before maturity.