FD Calculator

    Calculate your Fixed Deposit maturity amount

    Enter FD Details

    Calculate your FD maturity amount and returns

    Typical FD rates: 6% - 8%

    Choose how often you want to receive interest payouts

    How Do FD Calculators Work?

    FD calculators help you estimate the maturity amount of your Fixed Deposit by calculating principal amount, interest rates, compounding frequency, and tenure. Here's a step-by-step explanation:

    01

    Enter Principal Amount

    Input the lump sum amount you want to deposit. This is your principal that will earn interest over the tenure. FD requires a one-time deposit, unlike RD which allows monthly deposits.

    02

    Specify Interest Rate and Tenure

    Enter the annual interest rate (typically 5.5-7.5%) and tenure in years. Interest rates vary by bank and tenure length. Longer tenures usually offer higher rates. Senior citizens get 0.25-0.50% extra interest.

    03

    Choose Compounding and Calculate

    Select how often interest is compounded - quarterly (most common), monthly (higher returns), or yearly. Higher compounding frequency means higher effective returns. The calculator uses compound interest formula to compute your maturity amount including principal and total interest earned.

    Understanding Your FD Calculation

    Learn how fd calculations work

    Understanding FD Calculation

    FD (Fixed Deposit) is one of India's most trusted and popular investment options. It's a risk-free savings instrument where you deposit a lump sum for a fixed tenure at a predetermined interest rate with guaranteed returns.

    Formula:

    Maturity Amount = Principal × (1 + r/n)^(n×t) where r = Annual Rate, n = Compounding Frequency, t = Tenure

    Key Points:

    • •Guaranteed returns with fixed interest rate throughout tenure
    • •Capital protection - principal amount is safe and guaranteed
    • •DICGC insurance up to ₹5 lakhs per bank
    • •FD interest is taxable as per your income tax slab
    • •Senior citizens get 0.25-0.50% higher interest rates

    Frequently Asked Questions

    Common questions about fd

    Disclaimer

    These calculators are for estimation and educational purposes only. For personalized financial advice, please consult a qualified financial advisor or chartered accountant.

    All calculations are based on standard formulas and current tax laws. Actual results may vary based on individual circumstances and applicable regulations.

    Related Articles

    Investment

    How FD Interest Is Calculated in India

    Fixed Deposit (FD) is one of the most popular and trusted investment options in India. Many investors choose FDs for their safety and predictable returns. Understanding how FD interest is calculated helps you choose the right tenure and interest payout option.

    Investment

    FD vs RD vs SIP: Where Should You Invest?

    FD, RD, and SIP are commonly used investment options in India, each serving different financial needs. Choosing the right option depends on income pattern, risk appetite, and financial goals.

    Investment

    Is FD Safe? Risks and Returns Explained

    FDs are widely considered safe investments, but many investors are unsure about the risks involved. Understanding FD safety and returns helps you invest with confidence.