Fixed Deposit (FD) Calculator
Graphical Representation (Doughnut Chart)
Total Amount and Interest
Total Amount Invested (₹): ₹0
Total Interest Earned (₹): ₹0
Final Amount (₹): ₹0
Results in Table
| Year | Interest (₹) | Total Amount (₹) |
|---|
What is it & why use it?
Estimate FD maturity amount and interest earned with compounding options (monthly/quarterly/annual). This tool on Calci.in explains concepts in plain language and lets you compare scenarios instantly.
Formula (explained)
A = P × (1 + r/n)^(n × t)
Variables: A = Maturity amount, P = Principal, r = Annual interest rate, n = Compounding frequency per year, t = Time in years.
Example calculation
₹1,00,000 at 6% compounded quarterly for 5 years → maturity ≈ ₹1.34 lakh (illustrative).
Benefits & use cases
• Safe, predictable returns
• Compare bank FDs & tenures
• Plan short & long‑term goals
Related calculators on Calci.in
RD Calculator
Compound Interest Calculator
Inflation Calculator
External references (authority sources)
RBI
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FAQs
Q1: Is the FD calculator accurate?
A: It uses standard compound interest formula; maturity depends on bank’s compounding frequency.
Q2: Are FD returns guaranteed?
A: Yes, FDs offer fixed returns as per bank’s rate at booking time.
Q3: Can I withdraw FD early?
A: Yes, but banks may levy a penalty and reduce interest.
Q4: What taxes apply?
A: FD interest is taxable as per your income tax slab.