Fixed Deposit Calculator
Calculate FD maturity amount with various compounding options
Fixed Deposit Details
Enter your FD investment information
About Fixed Deposit Calculator
A Fixed Deposit (FD) is a secure investment option offered by banks and financial institutions where you deposit a lump sum amount for a fixed tenure at a predetermined interest rate.
The maturity amount depends on three key factors:
- Principal Amount: The initial deposit you make
- Interest Rate: The annual rate offered by the bank
- Tenure: The duration for which you keep the FD
- Compounding Frequency: How often interest is calculated and added
More frequent compounding (e.g., quarterly vs. yearly) results in slightly higher returns due to the compound interest effect.
Note:
This calculator provides estimates based on standard FD calculations. Actual interest rates and terms vary by bank and may be subject to change. Interest earned on FDs is taxable as per your income tax slab. Please check with your bank for exact rates and terms.