FD Calculator
Calculate maturity value of Fixed Deposits.
FD Details
Year-wise FD Growth
| Year | Opening Balance | Interest Earned | Closing Balance |
|---|
An FD calculator estimates maturity value and interest earned on fixed deposits using principal, tenure, and interest rate. It is useful for conservative savers who value stability and predictable returns. You can compare bank FDs in India with term deposits or CDs in other countries on an equivalent basis.
How FD returns are calculated
Fixed deposit returns depend on the annual interest rate, compounding frequency, and tenure. In India, many banks compound quarterly, while other markets may use monthly or annual compounding conventions. The calculator helps you compare options quickly before investing.
FD formula
Key FD considerations
- Senior citizen rates may be higher in many Indian banks.
- Premature withdrawal usually attracts a penalty.
- Post-tax return can be significantly lower than nominal return.
- Compare FD return with inflation-adjusted real return.
How to use this FD calculator
- Enter your deposit amount.
- Enter annual interest rate offered by the bank.
- Select tenure and compounding frequency.
- Review maturity amount and total interest earned.
- Compare multiple FD offers before finalizing.
Worked example
For an FD of Rs 5,00,000 at 7.2% per annum, compounded quarterly, for 3 years: maturity value is approximately Rs 6,20,141. Total interest earned is around Rs 1,20,141.