Fixed Deposit Calculator
Calculate your FD maturity amount with year-wise growth breakdown.
About the Fixed Deposit Calculator
The Fixed Deposit (FD) Calculator computes maturity amount and interest earned for bank FDs. FDs are low-risk, guaranteed-return instruments backed by the bank, making them one of the safest investment options available.
How to Use
- Select your preferred currency from the dropdown.
- Drag sliders or type principal, rate, and tenure.
- Choose compounding frequency.
- Click Calculate — results update live.
Formula Used
A = P(1 + r/n)^(nt)
P = Principal, r = annual rate, t = tenure in years, n = compounding frequency.
Important Note
FD interest is fully taxable as income. TDS of 10% is deducted if interest exceeds ₹40,000/year (₹50,000 for senior citizens). Submit Form 15G/15H to avoid TDS if your total income is below the taxable limit.