FD Calculator

Estimate the maturity amount and interest earned on your Fixed Deposit investments.

Fixed Deposit Details

₹ 1,00,000
7.0 %
5 Years

Maturity Amount

₹ 0

Principal Amount

₹ 0

Total Interest Earned

₹ 0

Year-wise Growth of your FD

Year Opening Balance Interest Earned Closing Balance

Fixed Deposit Calculator: Plan Your Savings Growth

Effortlessly calculate your FD returns and make informed investment decisions.

Maximize Your Returns: The Power of an FD Calculator

Fixed Deposits (FDs) are a popular and secure investment option, offering guaranteed returns over a fixed period. However, manually calculating the maturity amount, especially with varying interest rates and compounding frequencies, can be complex and time-consuming. This is where a reliable FD calculator becomes indispensable.

Our online Fixed Deposit Calculator simplifies this process, allowing you to quickly determine the potential earnings on your investment. It's an essential tool for financial planning, helping you set realistic goals and compare different FD schemes with ease.

Simple Steps to Calculate Your FD Returns

Our user-friendly FD calculator is designed for quick and accurate results. All calculations are performed securely in your browser, ensuring your data remains private.

  • Enter Principal Amount
    Input the initial amount you plan to invest in the Fixed Deposit.
  • Specify Interest Rate
    Enter the annual interest rate offered by your bank or financial institution for the FD.
  • Choose Tenure
    Select the duration of your Fixed Deposit investment in months or years.
  • Select Compounding Frequency
    Choose how often the interest is compounded (e.g., monthly, quarterly, half-yearly, annually).
  • View Maturity Amount
    The calculator will instantly display your estimated maturity amount and the total interest earned.

Key Terms for Your Fixed Deposit Investment

Familiarize yourself with these common terms to better understand your FD calculations:

Principal Amount:
The initial sum of money you deposit into the Fixed Deposit account.
Interest Rate:
The percentage at which your principal amount grows annually. This is usually fixed for the entire tenure.
Tenure:
The period for which your funds are locked in the Fixed Deposit. It can range from a few days to several years.
Compounding Frequency:
How often the interest earned is added back to the principal, allowing you to earn interest on your interest. Common frequencies include monthly, quarterly, half-yearly, and annually.
Maturity Amount:
The total amount you receive at the end of the FD tenure, including both your principal investment and the accumulated interest.

Frequently Asked Questions About FDs

A Fixed Deposit is a financial instrument provided by banks and financial institutions that offers investors a higher interest rate than a regular savings account, in exchange for locking up their funds for a fixed period.

The more frequently interest is compounded, the higher your effective returns will be. For example, monthly compounding will generally yield slightly more than annual compounding for the same interest rate and tenure.

Yes, most FDs allow premature withdrawal, but it usually comes with a penalty, such as a lower interest rate than originally agreed upon. It's important to check the specific terms and conditions of your FD.

Yes, the interest earned on Fixed Deposits is generally taxable as per your income tax slab. Banks may also deduct Tax Deducted at Source (TDS) if the interest earned exceeds a certain limit in a financial year.