Invested amount₹0Principal invested
FD Calculator India — Fixed Deposit Maturity & Interest
Check fixed deposit maturity value and total interest earned
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FD Calculator
Max ₹1 Cr
₹
One Lakh%
Yr
Adjust the inputs above to see your results here.
Interest earned₹0Returns generated
Estimated
Maturity amount₹0Estimated final valueInvestment Summary
Updated instantly as you change values.
Investment Breakdown
Invested amount
₹00%
Interest earned
₹00%
Key Insights
Year-wise maturity breakdown
| Year | Principal (A) | Interest (B) | Total (A + B) | Balance |
|---|
About this calculator
In-depth guide for the FD calculator — formulas, examples, and official sources for India.
Introduction
A Fixed Deposit (FD) is a bank investment where you lock in money for a fixed period at a fixed interest rate.
What this calculator does
Estimate fixed deposit maturity amount and interest earned. This calculator assumes quarterly compounding, which is common for many bank FD products in India.
Who should use this calculator
Borrowers, investors, and taxpayers planning loans, returns, or tax in India. Use this tool if you want a clear estimate before speaking with a bank, post office branch, or tax advisor.
- Deposit ₹1,00,000 | Rate: 7% | Tenure: 5 years → Maturity ≈ ₹1,41,478
- Deposit ₹5,00,000 | Rate: 6.5% | Tenure: 3 years → Maturity ≈ ₹6,03,000
Formula used
Formula
A = P × (1 + r/n)^(n×t)Variable explanation
- Input: Deposit amount (₹)
- Principal lump sum.
- Input: Interest rate (% p.a.)
- Annual FD rate from bank.
- Input: Tenure (years)
- Lock-in period.
- Output: Maturity amount (₹)
- Principal plus compounded interest.
- Output: Interest earned (₹)
- Total return over tenure.
Example calculation
- Step 1
Enter deposit amount and annual rate.
- Step 2
Set tenure in years.
- Final answer
Apply A = P × (1 + r/n)^(n×t) with n = 4 for quarterly compounding.
How to use
Locate the calculator form at the top of this page.
Enter your values using the units shown (₹, %, years, or as labelled).
Review the instant result, charts, or schedules in the output panel.
Adjust inputs to compare scenarios before making a financial decision.
Benefits
Free to use with instant browser-based results — no signup.
Built for Indian rates, tax years, and units.
Includes worked examples and FAQs on every page.
Limitations
Quarterly compounding — common for Indian bank FDs
Cumulative vs monthly payout FDs differ — this models cumulative (reinvested) interest.
Tips
Senior citizens often get 0.25–0.50% extra — enter the rate applicable to you.
Tax-saver FD has 5-year lock-in and 80C benefit — standard FD does not.
Split large deposits across banks for DICGC insurance coverage (₹5 lakh per bank per depositor).
Common mistakes
Using simple interest formula instead of compound interest for multi-year FDs.
Ignoring TDS when interest exceeds ₹40,000/year (₹50,000 for seniors).
Frequently asked questions
Is TDS included?
No. Actual maturity may differ because of TDS, bank-specific rates, and senior citizen benefits.
What compounding does this use?
Quarterly compounding (n=4), which is standard for many Indian bank FD products.
Do senior citizens get higher FD rates?
Most banks offer 0.25–0.50% additional interest for senior citizens. Enter your applicable rate.
What is the difference between cumulative and payout FD?
Cumulative FD reinvests interest until maturity. Payout FD credits interest monthly or quarterly — this calculator models cumulative.
Is FD interest taxable?
Yes. FD interest is taxable as per your income slab. TDS applies above threshold limits.
Can I break FD early?
Premature withdrawal usually pays lower interest and may carry penalty. Not modelled here.
Related guides
Government references
- RBI guidelines on reducing-balance loan interest
- Bank FD rate sheets — quarterly compounding convention
- RBI — (lending and deposit norms)rbi.org.in
Conclusion
Estimate bank fixed deposit maturity before booking. Compare rates across SBI, HDFC, ICICI, and small finance banks for the same tenure.