FD Calculator
Calculate maturity amount for your Fixed Deposits.
Input Values
₹
%
Years
Results
Enter values to see results.
⚠️ Results are indicative only. Consult a qualified professional before making any decisions.
What is this Calculator?
An FD (Fixed Deposit) Calculator helps you estimate the maturity amount and interest earned on your Fixed Deposit. FDs are one of the safest investment options in India, offered by banks and post offices with a guaranteed rate of return.
How to Use
1
Enter Investment Amount: Enter the amount you want to deposit in the FD (e.g. ₹1,00,000).
2
Enter Interest Rate: Enter the annual FD interest rate offered by your bank (e.g. 7%).
3
Enter Time Period: Enter the FD duration in years (e.g. 5 years).
4
View Results: See your Invested Amount, Interest Earned, and Maturity Amount instantly.
Frequently Asked Questions
A Fixed Deposit is a savings instrument offered by banks where you deposit a lump sum for a fixed tenure at a predetermined interest rate. The returns are guaranteed regardless of market conditions.
Our calculator uses quarterly compounding: Maturity = P × (1 + r/4)^(4×n), where P is principal, r is annual rate, and n is tenure in years. This is the standard method used by most Indian banks.
Yes. FD interest is fully taxable as per your income tax slab. TDS at 10% is deducted if interest exceeds ₹40,000 per year (₹50,000 for senior citizens).
Small finance banks and some cooperative banks offer higher FD rates (up to 8–9%). However, always check DICGC insurance coverage (up to ₹5 lakh per bank per depositor).
Yes, most FDs can be broken prematurely, but a penalty (usually 0.5–1%) is deducted from the applicable interest rate.
Most banks allow FDs starting from ₹1,000. Senior citizens get an additional 0.25–0.5% interest rate over regular rates.