FD Calculator
Calculate fixed deposit maturity and interest.
Free online FD calculator. Enter your principal, annual rate, tenure and compounding frequency to see the maturity amount and total interest on your fixed deposit. Supports quarterly, monthly, half-yearly, yearly and simple interest. Runs in your browser.
How to use the FD Calculator
- 01Enter the deposit amount and the annual interest rate.
- 02Enter the tenure in years and choose the compounding frequency.
- 03See the maturity amount and the total interest earned.
Frequently asked questions
How is FD maturity calculated?
For compound interest it uses A = P × (1 + r ÷ (100 × f))^(f × years), where f is the number of times interest compounds per year (quarterly = 4, monthly = 12, half-yearly = 2, yearly = 1). For simple interest it uses A = P × (1 + r × years ÷ 100).
Which compounding should I choose?
Most Indian banks compound FD interest quarterly, which is the default here. If your bank uses a different frequency, pick it from the list. More frequent compounding gives a slightly higher maturity value at the same rate.
Does this account for TDS or tax?
No. The result is the gross maturity value before tax. Interest on fixed deposits is taxable and banks may deduct TDS, so your in-hand amount can be lower depending on your tax slab.