Fixed Deposit Calculator
Find your FD maturity amount and interest earned with quarterly, monthly or yearly compounding.
Deposit amount
₹10,000₹10,000,000
Interest rate (p.a.)
3%10%
Tenure
1 yrs10 yrs
Compounding
Results are indicative estimates for planning only and are not financial advice. Actual figures depend on the lender, fund or institution.
How It Is Calculated
The formula behind the numbers.
Formula
A = P × (1 + r/n)n × t
- P = deposit amount
- r = annual interest rate ÷ 100
- n = compounding periods per year (4 for quarterly)
- t = tenure in years
FD Calculator FAQs
Common questions answered.
How is FD interest compounded?
Most banks compound cumulative FD interest quarterly. The more often interest compounds, the higher your effective yield.
Is FD interest taxable?
Yes. FD interest is added to your income and taxed at your slab rate. TDS applies above ₹40,000 a year (₹50,000 for senior citizens) unless you submit Form 15G/15H where eligible.
Are fixed deposits safe?
Bank FDs are insured by DICGC up to ₹5 lakh per depositor per bank, including interest.
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