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FD Calculator

Calculate the maturity value of your Fixed Deposit investment.

Effective Returns:

Total Investment

₹5,00,000

Total Interest

₹1,38,141

Maturity Value

₹6,38,141

Input fields:

%
Years

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Explanation

Fixed Deposits (FDs) are stable and predictable investment instruments offering a safe haven of consistent returns in a volatile financial market. They are perfect for those who prefer a smooth financial journey and cannot digest even small market volatility. Use our online Fixed Deposit (FD) Calculator for easy returns calculations.

Simplicity is the key with FDs. Choose a tenure that suits your dreams, whether it is a short-term goal like buying a car or saving for tax purposes. FDs offer a stable option tailored to your financial journey.

While FD returns may not match riskier options, they shine as a shield of protection for your hard-earned money. In times of financial uncertainty, FDs offer a reliable income stream for those seeking stability with low risk.

The Reserve Bank of India (RBI) ensures scheduled bank deposits up to Rs.5 lakh per bank through DICGC. Your financial fortress remains strong even if a bank faces challenges. Consider FDs as your financial guardians, ensuring stability and peace of mind in the ever-changing financial landscape. They will, however, often fail to beat inflation.

FD interest calculation formula

A = P × (1 + r/n)^(n×t), where P = Principal, r = Annual interest rate, n = Compounding frequency, t = Time in years.

FD Calculator — FAQs

A Fixed Deposit (FD) is a financial instrument provided by banks or NBFCs which provides investors a higher rate of interest than a regular savings account, until the given date of maturity.

FD interest is calculated using the compound interest formula: A = P × (1 + r/n)^(n×t). The compounding frequency can be yearly, half-yearly, quarterly, or monthly.

Yes, interest earned on Fixed Deposits is fully taxable. TDS is deducted at 10% if the interest exceeds ₹40,000 (₹50,000 for senior citizens) in a financial year.

Yes, premature withdrawal is allowed but may attract a penalty of 0.5% to 1% reduction in the applicable interest rate.

Most banks offer FDs with tenures ranging from 7 days to 10 years. Some banks may offer longer tenures up to 20 years.

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