Calculate your Fixed Deposit maturity amount and interest earned. Supports monthly, quarterly, and annual compounding — matching real bank calculations.
Calculate your Fixed Deposit maturity amount and interest earned. Supports monthly, quarterly, and annual compounding — matching real bank calculations.
FD interest uses compound interest: A = P(1 + r/n)^(nt), where P is principal, r is annual rate, n is compounding frequency per year, and t is tenure in years. Most Indian banks compound quarterly.
Regular FD
6.5–7.5% p.a.
Senior Citizen FD
7.0–8.0% p.a.
Tax-Saving FD
6.0–7.0% p.a.
A = P(1 + r/n)^(nt)
A = Maturity Amount
P = Principal
r = Annual interest rate
n = Compounding freq/year
t = Time in years
✓Compare rates across banks
✓Senior citizens get +0.5% extra
✓Ladder FDs for liquidity
✓Submit Form 15G to avoid TDS
✓Quarterly compounding > annual
A Fixed Deposit (FD) is a financial instrument offered by banks and NBFCs where you deposit a lump sum for a fixed tenure at a predetermined interest rate. Unlike savings accounts, the rate is locked in and guaranteed regardless of market conditions.
Indian banks compound FD interest quarterly by default, meaning your interest is reinvested every 3 months. This is why the effective annual yield (EAR) is slightly higher than the nominal rate quoted.
Step 1 — Enter your principal deposit amount
Step 2 — Set your bank's interest rate (check their website)
Step 3 — Choose tenure in years (1–10)
Step 4 — Select compounding frequency (quarterly for most Indian banks)
Step 5 — See maturity value, effective yield, and year-wise growth
A Fixed Deposit calculator helps you plan your savings with confidence. Enter your principal, rate, tenure, and compounding frequency to see exactly how much your money will grow.
Disclosure: This page contains affiliate links. We may earn a commission if you open a demat account through our partner.
Ready to invest beyond Fixed Deposits? Open a free demat account and start investing in mutual funds for higher long-term returns.
Open Free Zerodha AccountFD interest uses compound interest: A = P(1 + r/n)^(nt), where P is principal, r is annual rate, n is compounding frequency per year, and t is tenure in years. Most Indian banks compound quarterly.
Explore related financial calculators to plan your finances better
Regular FD
6.5–7.5% p.a.
Senior Citizen FD
7.0–8.0% p.a.
Tax-Saving FD
6.0–7.0% p.a.
A = P(1 + r/n)^(nt)
A = Maturity Amount
P = Principal
r = Annual interest rate
n = Compounding freq/year
t = Time in years
✓Compare rates across banks
✓Senior citizens get +0.5% extra
✓Ladder FDs for liquidity
✓Submit Form 15G to avoid TDS
✓Quarterly compounding > annual
A Fixed Deposit (FD) is a financial instrument offered by banks and NBFCs where you deposit a lump sum for a fixed tenure at a predetermined interest rate. Unlike savings accounts, the rate is locked in and guaranteed regardless of market conditions.
Indian banks compound FD interest quarterly by default, meaning your interest is reinvested every 3 months. This is why the effective annual yield (EAR) is slightly higher than the nominal rate quoted.
Step 1 — Enter your principal deposit amount
Step 2 — Set your bank's interest rate (check their website)
Step 3 — Choose tenure in years (1–10)
Step 4 — Select compounding frequency (quarterly for most Indian banks)
Step 5 — See maturity value, effective yield, and year-wise growth
A Fixed Deposit calculator helps you plan your savings with confidence. Enter your principal, rate, tenure, and compounding frequency to see exactly how much your money will grow.
Disclosure: This page contains affiliate links. We may earn a commission if you open a demat account through our partner.
Ready to invest beyond Fixed Deposits? Open a free demat account and start investing in mutual funds for higher long-term returns.
Open Free Zerodha AccountFD interest uses compound interest: A = P(1 + r/n)^(nt), where P is principal, r is annual rate, n is compounding frequency per year, and t is tenure in years. Most Indian banks compound quarterly.