Fixed Deposit Calculator
Estimate fixed deposit maturity value and interest from deposit amount, annual rate, tenure and compounding frequency.
What this calculator does
Estimate maturity using a compound-interest model. Banks may use product-specific day-count rules, payout options, senior-citizen rates, TDS and premature-withdrawal conditions.
How to use it
- Enter deposit
- annual rate
- tenure
- compounding frequency
- review maturity and interest.
Formula and calculation method
Worked example
Important information
This is not a bank quote or guaranteed return. Verify the bank's official deposit terms and applicable tax rules.
Frequently asked questions
How accurate is this calculator?
It provides an estimate based on the values and assumptions entered. Verify important decisions with the relevant provider or a qualified professional.
Does this replace professional advice?
No. It is an informational tool and does not replace tax, legal, accounting, lending, investment or medical advice.
Understanding an FD maturity estimate
For a ₹1,00,000 deposit, an annual rate assumption of 7% and quarterly compounding over one year, the compound-interest illustration uses four compounding periods. The result is an estimate; actual maturity proceeds depend on the bank's product terms, deposit dates, payout option and applicable rounding.
What to verify with the bank
Check whether the rate is cumulative or a periodic interest payout, the compounding frequency, premature-withdrawal penalty, minimum tenure, senior-citizen eligibility and tax deducted at source. Rates can change and are not guaranteed for future deposits. Confirm the final amount in the bank's official FD advice rather than relying only on this calculator.
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Browse all calculators AboutResults are estimates based on entered values and assumptions. They are not professional advice. Verify important decisions with the relevant provider or a qualified professional.