Fixed Deposit (FD) Calculator
₹
%
Years
Principal Invested
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Total Interest Earned
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Maturity Amount
—
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returns
- Principal
- Interest Earned
Compound Interest Formula (FD)
A = P × (1 + r/n)^(n×t)
Where:
A = Maturity Amount
P = Principal Amount
r = Annual Interest Rate (as decimal)
n = Compounding Frequency per year
t = Time in Years
What is an FD Calculator?
A Fixed Deposit (FD) calculator computes the maturity value of your lump sum investment at a bank or NBFC, based on the interest rate and compounding frequency. Most Indian banks offer quarterly compounding on FDs.
FD vs Mutual Funds
- FDs offer guaranteed returns — ideal for capital preservation and short-term goals.
- Equity mutual funds have historically delivered 10–14% CAGR but carry market risk.
- FD interest is taxable as per your income slab; equity LTCG above ₹1 lakh is taxed at 10%.
- Senior citizens get 0.25–0.5% higher FD rates at most banks.