FD Calculator

Find the maturity value and interest earned on a bank fixed deposit with quarterly compounding.

Check your bank's current rate; senior citizens often get a higher rate.

Maturity value

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  • Amount invested
  • Interest earned
Amount invested
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Interest earned
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Maturity value
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Illustrative estimates only, based on the assumptions you choose. Actual returns, rates and costs will vary.

About the FD calculator

A fixed deposit (FD) earns a fixed rate of interest for a set period. Most Indian banks compound FD interest quarterly, which this calculator assumes.

Interest on FDs is taxable at your income-tax slab rate, and banks may deduct TDS.

How to use it

  1. Move the sliders, or type a value into each box.
  2. Watch the results and chart update as you go.
  3. Try different assumptions to see what changes the outcome most, then talk to us about a plan.

The formula

A = P × (1 + r ÷ 4)4t

  • P: deposit amount
  • r: annual interest rate
  • t: time in years (compounded quarterly)

Example

A deposit of ₹1,00,000 for 5 years at 7% would mature at about ₹1,41,478.

FAQs

FD Calculator: common questions

Yes. It is added to your income and taxed at your slab rate. Banks deduct TDS above a threshold unless you submit Form 15G or 15H where eligible.

Usually yes, but banks may charge a penalty and pay a lower rate for the period the money was held.

FDs offer fixed returns; debt funds offer market-linked returns and more flexibility. We can explain which suits your goal.

Want a plan, not just a number?

Book a free financial checkup and we'll turn these estimates into a plan that fits your life.