FD Calculator
Calculate your fixed deposit maturity amount, estimated interest earned and total value based on your investment amount, interest rate and deposit tenure.
Deposit Details
Enter your fixed deposit details to estimate the maturity amount.
₹0
Estimated value at the end of the deposit period
Calculation Details
Deposit Details
Year-by-Year Projection
How Fixed Deposit Works
A fixed deposit allows you to deposit a lump sum for a predetermined period at an agreed interest rate.
Deposit Money
Invest a lump sum amount with a bank or eligible financial institution.
Select Tenure
Choose the period for which you want to keep the deposit.
Earn Interest
The deposit earns interest at the applicable rate during the selected period.
Receive Maturity
At maturity, you receive the principal plus applicable interest, subject to the deposit terms.
Compound Interest Formula
This calculator uses compound-interest calculations based on the selected compounding frequency.
Important Information
The result shown by this calculator is an estimate based on the information entered.
Actual FD maturity values can differ depending on the bank's calculation method, applicable compounding conventions, deposit terms, premature withdrawal conditions and taxes.
Interest income from fixed deposits may be taxable according to applicable income-tax rules.
FD Calculator FAQ
What is a Fixed Deposit?
A Fixed Deposit, commonly called FD, is a financial product where you deposit a lump sum for a specified period at a predetermined interest rate.
How is FD maturity calculated?
The maturity amount depends on the principal, interest rate, tenure and applicable compounding frequency.
What is quarterly compounding?
Under quarterly compounding, interest is calculated and added to the deposit four times during a year.
Is FD interest taxable?
FD interest may be taxable depending on the applicable income-tax rules and the investor's overall income and circumstances.
Can I withdraw an FD before maturity?
Many fixed deposits may allow premature withdrawal subject to the terms of the particular bank or financial institution. Penalties or reduced interest may apply.
Is the FD calculator result guaranteed?
The calculator provides an estimate. The actual maturity amount should be confirmed from the terms provided by the bank or financial institution.