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Financial calculators help people plan mutual funds, loans, and retirement savings

Reported by Ananya Das (Senior Writer) · Times of India - Top Stories ·

Source: Times of India
Worth knowing
GeneralFinancial calculators help people plan mutual funds, loans, and retirement savings
Representative image · Pexels

Financial Tools

Online tools help people calculate monthly loan payments and estimate returns from mutual fund investments made through SIPs. These digital aids make it easier to figure out maturity amounts and interest earned on Public Provident Fund accounts and fixed deposits. Users can also estimate pension amounts and total savings accumulated under the National Pension System.

Context

Financial calculators are common tools offered by banks and investment websites to help individuals plan their personal budgets and long-term savings goals. These calculators provide quick estimates based on user inputs, making complex financial planning easier for everyday investors.

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