Fixed Deposit (FD) Calculator
Work out the maturity value and interest earned on a fixed deposit for any tenure and compounding frequency.
FD Calculator
Senior citizens get about 0.50% more (1.00% on 5–10 years under SBI WeCare). Tap a tenure to load it; always confirm the current card rate with your bank.
Educational estimate, not financial or tax advice. Returns are never guaranteed. Everything is calculated in your browser.
Runs in your browser — nothing you enter is uploaded or stored.
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About the FD Calculator
A fixed deposit (FD) locks a sum with a bank or NBFC for a set tenure at a pre-agreed interest rate. Unlike market investments, the return is contractually fixed, which makes an FD calculator exact rather than a projection — as long as you enter the correct rate and compounding frequency.
The maturity value uses the compound-interest formula A = P × (1 + r/(100·n))^(n·t), where P is your deposit, r the annual rate, n the number of compounding periods per year, and t the tenure in years. Most Indian banks compound quarterly, which is the default here; change it to monthly, half-yearly or yearly to match your bank's terms.
The maturity amount shown is before tax. FD interest is fully taxable at your slab rate, and banks deduct TDS once interest crosses the annual threshold, so your in-hand return will be a little lower. This is an estimate and everything is computed in your browser.