FD Calculator (Fixed Deposit)
Calculate your Fixed Deposit (FD) maturity amount, interest earned, and total returns using quarterly compounding with a growth chart.
Fixed Deposit Summary
Total Investment
Interest Earned
Maturity Amount
What Is a Fixed Deposit (FD)?
A Fixed Deposit (FD) is a low-risk investment offered by banks and financial institutions where a lump sum is deposited for a fixed tenure at a predetermined interest rate.
How FD Calculator Works
This FD calculator uses quarterly compounding, which is the standard method used by most Indian banks to calculate FD maturity.
FD Formula
Maturity = P × (1 + r/n)n×t
Benefits of Fixed Deposit
- Guaranteed returns
- Low risk investment
- Flexible tenure
- Suitable for conservative investors
Taxation on FD
Interest earned on FD is taxable as per your income tax slab. Senior citizens may get additional benefits.