FD Calculator
Calculate your fixed deposit maturity amount, interest earned and returns.
Plan your FD returns
Adjust amount, rate, tenure and payout to see the maturity value instantly.
Investment vs interest
Year-by-year growth
Projected balance using your selected payout and compounding settings.
| Year | Interest earned | Balance |
|---|---|---|
| Year 1 | ₹7,186 | ₹1,07,186 |
| Year 2 | ₹14,888 | ₹1,14,888 |
How much does the rate matter?
Same deposit and tenure, different annual rates.
| Rate | Interest | Maturity |
|---|---|---|
| 6.50% | ₹13,764 | ₹1.14 L |
| 7.00% | ₹14,888 | ₹1.15 L |
| 7.50% | ₹16,022 | ₹1.16 L |
| 8.00% | ₹17,166 | ₹1.17 L |
More FD planning tools
Optional estimates for tax, early withdrawal and goals.
Calculation details
View formula
For cumulative FD: A = P(1 + r/n)^(nt). P is principal, r is annual interest rate, n is compounding frequency and t is time in years. Payout estimates use periodic simple interest and return the principal at maturity.
How FD interest works
A fixed deposit locks a deposit for a selected period at an agreed rate. A cumulative FD compounds interest and pays it at maturity. Payout FDs periodically pay estimated interest while returning principal at maturity.
Quarterly compounding
Quarterly compounding is common in Indian FD products, but actual bank conventions, payout dates, penalties and rates vary. Use the bank's applicable terms for a final figure.
FD vs savings account
FDs can offer a known rate for a fixed period, while savings-account rates and balances may be more flexible. Compare liquidity, rate and premature-withdrawal terms before deciding.
Senior citizen FD
Senior-citizen rates vary by bank and product. This calculator lets you enter the applicable rate instead of assuming a universal premium.
FD Calculator FAQs
How is FD maturity calculated?
Use the inputs above for an estimate. Actual bank terms, compounding conventions and applicable rates can affect the result.
What is cumulative FD?
A cumulative FD reinvests interest and pays the accumulated amount at maturity.
How is monthly FD interest calculated?
Use the inputs above for an estimate. Actual bank terms, compounding conventions and applicable rates can affect the result.
Does a senior citizen always get the same extra rate?
Use the inputs above for an estimate. Actual bank terms, compounding conventions and applicable rates can affect the result.
Is TDS the final tax on FD interest?
No. TDS is a collection mechanism and may not equal your final income-tax liability.
Can I break an FD early?
Usually banks allow premature closure subject to their terms, rate adjustment and possible penalty.
FD results are estimates. Rates, compounding, payout conventions, TDS rules and premature-closure terms vary by bank and product. Verify the final amount with your bank.
HOW IT WORKS
Estimate your fixed deposit maturity.
Enter your deposit, rate, and tenure to estimate interest and the maturity amount.
1. Enter deposit details
Provide the principal, interest rate, and deposit period.
2. Choose compounding
Set the compounding frequency if the calculator offers it.
3. Review maturity value
See the estimated interest earned and total maturity amount.