FD Calculator
Find the maturity amount and interest earned on a fixed deposit with monthly to yearly compounding.
-Deposit
-Interest earned
-Maturity amount
How to use FD Calculator
- Enter the deposit amount, yearly interest rate and time.
- Choose how often interest is added.
- Read the interest earned and maturity amount.
Features
- Four compounding options
- Deposit vs interest bar
- Instant results
Supported formats and limitations
Banks may round or compound slightly differently, and tax (TDS) is not included. Use it as an estimate.
How it works
A = P x (1 + r/q)^(q x t), where P is the deposit, r the yearly rate, q the times interest is added per year and t the years. Example: Rs 1,00,000 at 7 percent for 5 years compounded quarterly gives about Rs 1,41,478.
Frequently asked questions
Which compounding should I pick?
Most banks use quarterly. Check your bank's terms.
Is TDS included?
No. Tax is not included.