Finance Tools

FD Calculator

Calculate Fixed Deposit maturity amount and interest earned. Supports monthly, quarterly, half-yearly, and annual compounding.

Runs in browserFree & no signupAll compounding types

FD Details

Principal Amount

₹1K₹1 Cr

Annual Interest Rate7%

1%15%

Tenure3 years

3 months10 years

Compounding Frequency

Maturity Amount

₹1.23 L

Principal

₹1.00 L

Interest Earned

₹23,144

Breakdown

Principal (81%)Interest (19%)

How to calculate FD maturity amount

Enter your principal, interest rate, tenure, and compounding frequency to instantly see your Fixed Deposit maturity value and total interest earned.

01
Enter the principal amount
Type the amount you want to deposit in the FD. This is the lump sum you'll invest — for example, ₹1,00,000 or ₹5,00,000.
02
Set the interest rate and tenure
Enter the annual interest rate offered by your bank (e.g., 7.25%) and the FD tenure in years and months. Rates vary by bank, tenure, and whether you're a senior citizen.
03
Choose the compounding frequency
Select how often interest is compounded: monthly, quarterly, half-yearly, or annually. Most Indian banks compound quarterly by default, but this varies.
04
Read your maturity amount and interest earned
The calculator instantly shows your maturity value, total interest earned, and effective annual yield. Use this to compare FDs across different banks and tenures.

What people use it for

Fixed Deposits are India's most widely used savings instrument. Here's how the calculator helps you make better FD decisions.

Comparing bank FD offers

Different banks offer different rates and compounding frequencies. Use the calculator to find the actual maturity amount for each offer and pick the best one.

Senior citizen FD planning

Senior citizens typically get 0.25%–0.50% higher rates. Enter the senior citizen rate to see the additional interest earned over the tenure.

Short-term parking of funds

Calculate returns on short-term FDs (7 days to 1 year) for parking emergency funds, bonus payouts, or proceeds from asset sales.

Tax-saving FD (5-year lock-in)

5-year tax-saving FDs qualify for Section 80C deduction. Calculate the maturity amount to weigh them against PPF, ELSS, and other 80C options.

Laddering strategy

FD laddering splits your investment across multiple FDs with staggered maturities. Calculate each rung separately to plan liquidity and reinvestment timing.

Retirement income planning

Retirees use FDs for predictable income. Calculate how much principal you need to generate a target monthly interest payout at current rates.

Frequently asked questions

Common questions about FD interest calculation, compounding, TDS, and how the calculator works.

Yes, completely free. No account required, no limits on calculations.

The calculator supports monthly, quarterly, half-yearly, and annual compounding. Most Indian banks (SBI, HDFC, ICICI, Axis, etc.) compound interest quarterly by default.

The standard compound interest formula is used: A = P × (1 + r/n)^(n×t), where P is the principal, r is the annual interest rate, n is the number of compounding periods per year, and t is the tenure in years.

The calculator shows gross interest before TDS. Banks deduct TDS at 10% if your annual FD interest exceeds ₹40,000 (₹50,000 for senior citizens). Submit Form 15G/15H to avoid TDS if your total income is below the taxable limit.

Most FDs use compound interest, where interest earned in each period is added to the principal and earns interest in subsequent periods. Simple interest FDs calculate interest only on the original principal — these are less common and yield lower returns.

Yes. Simply enter the senior citizen interest rate (typically 0.25%–0.50% higher than the regular rate) in the interest rate field. The calculator works the same way regardless of the rate you enter.

Yes. The tool is fully responsive and works on any modern smartphone or tablet browser.

No. All calculations happen entirely in your browser. The amounts and rates you enter are never sent to any server.

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How to calculate FD maturity amount

Enter your principal, interest rate, tenure, and compounding frequency to instantly see your Fixed Deposit maturity value and total interest earned.

Enter the principal amount

Type the amount you want to deposit in the FD. This is the lump sum you'll invest — for example, ₹1,00,000 or ₹5,00,000.

Set the interest rate and tenure

Enter the annual interest rate offered by your bank (e.g., 7.25%) and the FD tenure in years and months. Rates vary by bank, tenure, and whether you're a senior citizen.

Choose the compounding frequency

Select how often interest is compounded: monthly, quarterly, half-yearly, or annually. Most Indian banks compound quarterly by default, but this varies.

Read your maturity amount and interest earned

The calculator instantly shows your maturity value, total interest earned, and effective annual yield. Use this to compare FDs across different banks and tenures.

What people use it for

Fixed Deposits are India's most widely used savings instrument. Here's how the calculator helps you make better FD decisions.

Comparing bank FD offers

Different banks offer different rates and compounding frequencies. Use the calculator to find the actual maturity amount for each offer and pick the best one.

Senior citizen FD planning

Senior citizens typically get 0.25%–0.50% higher rates. Enter the senior citizen rate to see the additional interest earned over the tenure.

Short-term parking of funds

Calculate returns on short-term FDs (7 days to 1 year) for parking emergency funds, bonus payouts, or proceeds from asset sales.

Tax-saving FD (5-year lock-in)

5-year tax-saving FDs qualify for Section 80C deduction. Calculate the maturity amount to weigh them against PPF, ELSS, and other 80C options.

Laddering strategy

FD laddering splits your investment across multiple FDs with staggered maturities. Calculate each rung separately to plan liquidity and reinvestment timing.

Retirement income planning

Retirees use FDs for predictable income. Calculate how much principal you need to generate a target monthly interest payout at current rates.

Frequently asked questions

Common questions about FD interest calculation, compounding, TDS, and how the calculator works.

Yes, completely free. No account required, no limits on calculations.

The calculator supports monthly, quarterly, half-yearly, and annual compounding. Most Indian banks (SBI, HDFC, ICICI, Axis, etc.) compound interest quarterly by default.

Yes. The tool is fully responsive and works on any modern smartphone or tablet browser.

No. All calculations happen entirely in your browser. The amounts and rates you enter are never sent to any server.