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FD Calculator (Fixed Deposit)

Enter the deposit, interest rate and period to see the maturity amount and the interest earned.

Enter your values

Result

Maturity amount
₹1,41,477.82
Interest earned
₹41,477.82
Amount deposited
₹1,00,000.00
Effective yearly return
7.19%
  • Tax on interest (TDS and income tax) is not deducted here, and banks may round or use slightly different day counts.

How to use FD Calculator (Fixed Deposit)

  1. Enter the deposit amount.
  2. Enter the yearly interest rate and the period in years.
  3. Choose how often interest is added.
  4. Read the maturity amount and interest earned.

About this tool

A fixed deposit (FD) earns interest at a set rate for a set period. Most Indian banks add the interest to the deposit every quarter, so the interest itself starts earning interest. This is compounding.

The more often interest is added, the higher the maturity amount for the same headline rate. The effective yearly return line shows the real yearly growth after compounding.

How it is calculated

Maturity = P × (1 + r ÷ n)^(n × t), where P is the deposit, r the yearly rate as a decimal, n the times interest is added each year and t the years.

Worked examples

  • ₹1,00,000 at 7% for 5 years, quarterly: ₹1,41,477.82.
  • The same deposit with yearly compounding: ₹1,40,255.17.

Tips for better results

  • Check how often your bank adds interest, because it changes the result.
  • Interest on FDs can be taxable. This figure is before tax.
  • Senior-citizen rates are usually higher, so enter the rate your bank offers you.

Frequently asked questions

How is FD maturity calculated?

Maturity = deposit × (1 + rate ÷ n)^(n × years), where n is how many times a year interest is added.

Which compounding do banks use?

Many Indian banks use quarterly compounding, but it varies, so pick the option your bank states.

Is this the figure my bank will give me?

It is an estimate from the numbers you enter. Banks may use slightly different rounding, day counts, fees and taxes, so check the final figure with your bank. This is not financial advice.

Are my numbers saved or sent anywhere?

No. The calculation runs in your browser on your own device. Nothing you type is sent to Paul Digital or any other server.

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Privacy

The calculation runs in your browser on your own device. The numbers you type are not sent to Paul Digital or any other server. Results are estimates from the numbers you enter and are not financial, tax or legal advice.