Calculate fixed deposit maturity amount and interest earned for any tenure.
Enter values and click Calculate to see results.
Calculate fixed deposit maturity amount and interest earned for any tenure.
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Read full articleThe FD Calculator uses the following formula:
The calculation is performed automatically when you click the Calculate button, ensuring error-free results every time. Understanding the formula helps you interpret the results more effectively and see exactly how each input affects the final outcome.
Follow these steps to use the FD Calculator:
Enter the deposit amount in the provided input field (e.g., 100000).
Enter the interest rate (% p.a.) in the provided input field (e.g., 7).
Enter the tenure (years) in the provided input field (e.g., 5).
Enter the compounding in the provided input field.
Click the "Calculate" button to compute your results.
Review the detailed results, including charts and breakdowns.
Use the "Reset" button to clear all fields and start a new calculation.
Try the "Load Example" button to see a sample calculation with predefined values.
Here is a practical example to help you understand how the FD Calculator works.
Enter these values into the calculator (or click “Load Example Values”) to see how the formula produces accurate results.
When using the FD Calculator, be aware of these common mistakes:
Taking a moment to verify your inputs will ensure the most accurate results.
For the best results when using the FD Calculator, follow these expert tips:
A Fixed Deposit (FD) is a financial instrument where you deposit money for a fixed period at a predetermined interest rate.
Yes, interest earned on FDs is taxable as per your income tax slab.
Yes, but early withdrawal typically incurs a penalty of 0.5-1% and the interest rate may be reduced to that of a lower tenure.
More frequent compounding (quarterly or monthly) results in higher effective returns compared to yearly compounding.
Most banks offer FDs starting from as low as ₹1,000, though minimum amounts vary between financial institutions.
Yes, most banks offer an additional 0.25-0.75% interest rate to senior citizens on fixed deposits.
Tax-saving FDs have a 5-year lock-in period and qualify for deduction under Section 80C of the Income Tax Act up to ₹1.5 lakh.
Interest can be paid monthly, quarterly, half-yearly, or at maturity, depending on your chosen payout option.