FD Calculator
Work out the maturity value and interest earned on a fixed deposit.
₹
₹1,000₹1 Cr
Enter a value between 1000 and 100000000.
%
1%15%
Enter a value between 1 and 15.
Yr
0.25 Yr10 Yr
Enter a value between 0.25 and 10.
Maturity value
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Frequently asked questions
How is FD maturity calculated?
A = P × (1 + r ÷ n)^(n × t), where P is the deposit, r the yearly rate, n the number of times interest is compounded a year and t the tenure in years.
How often do banks compound FD interest?
Most Indian banks compound quarterly on cumulative deposits. Check your bank's terms.
Is FD interest taxable?
Yes. FD interest is added to your income and taxed at your slab rate. Banks deduct TDS when the interest crosses the yearly limit.
Disclaimer: This calculator is for illustration only. Results are estimates based on the interest rate you enter and are before tax. Actual interest depends on the terms of your bank, post office or scheme, and rates can change.
Please check the current rate and terms with the institution before investing.