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Calculators » Finance » Annuity Deposit

Our online tools will provide quick answers to your calculation and conversion needs. On this page, you can calculate monthly, quarterly, semi-annual, annual annuity payouts for a deposit amount. Annuity payments are fixed payments you will receive over a period of time for investments in "immediate" or "single-premium" annuity insurance scheme.

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The calculation for annuity deposits are similar to that of loan repayments. In this case, you lend to the bank at the notified interest rates, contrary to taking a loan from the bank.

Following is the formula to calculate annuity payment:

R = PV / ((1 - 1 / (1 + i)^{n}) / i)

Where,

R = periodic payout

PV = Present Value

n = number of terms

i = period interest rate

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