FD Calculator Fixed Deposit Interest Estimation
Calculate the maturity amount and interest earned on your Fixed Deposit
Plan your savings better by understanding how much your Fixed Deposit will be worth at maturity with different compounding frequencies.
Calculate FD Returns
💡 Tip: Higher compounding frequency (monthly vs yearly) results in better returns due to more frequent interest calculation.
Understanding Fixed Deposits
What is a Fixed Deposit?
A Fixed Deposit (FD) is a financial instrument where you deposit a lump sum amount for a fixed tenure at a predetermined interest rate. The principal and interest are paid at maturity.
- Guaranteed returns with minimal risk
- Fixed tenure from 7 days to 10 years
- Interest compounded quarterly or monthly
Benefits of FD
- Safe and secure investment option
- Higher interest rates than savings accounts
- Disciplined savings habit
- Loan against FD facility available
Compounding Frequency Options
Monthly
Interest compounded every month. Highest returns.
Quarterly
Most common option. Compounded every 3 months.
Half-Yearly
Interest compounded twice a year.
Yearly
Annual compounding of interest.
How It Works
This calculator uses the compound interest formula to calculate FD maturity amount:
A = P × (1 + r/n)^(n×t) - • A = Maturity Amount
- • P = Principal deposit amount
- • r = Annual interest rate (decimal)
- • n = Number of times interest is compounded per year
- • t = Time period in years