Example calculation
Example: Rs1,00,000 at 7% for 5 years
With quarterly compounding, Rs1,00,000 grows to around Rs1,41,478. The total interest earned is around Rs41,478 before taxes, TDS or premature withdrawal adjustments.
Finance tool
FD Calculator
Calculate fixed deposit maturity amount, total interest and year-wise returns with flexible compounding.
Enter FD details
Your FD result will appear here.
Principal AmountRs0
Total Interest EarnedRs0
Effective Return0%
Investment Tenure0 years
CompoundingQuarterly
Final Balance CheckRs0
Breakdown
Year-wise returns
Calculate to see the opening balance, interest earned and closing balance for each period.
| Year or period | Opening Balance | Interest Earned | Closing Balance |
|---|---|---|---|
| Enter FD details and calculate to view the breakdown. | |||
Frequently asked questions
How is FD maturity calculated?
FD maturity is calculated using A = P x (1 + r / n)^(n x t), where P is principal, r is annual rate, n is compounding frequency and t is tenure in years.
Which FD compounding frequency gives higher returns?
For the same rate and tenure, more frequent compounding generally gives a slightly higher maturity amount. Monthly compounding is higher than quarterly, half-yearly or yearly compounding.
Is FD interest taxable in India?
FD interest is generally taxable in India according to your applicable tax rules. Actual taxation can differ, so confirm with your bank or tax professional.
Can this calculator be used for senior citizen FD rates?
Yes. Enter the senior citizen FD interest rate offered by the bank to estimate maturity amount and interest.
Does this calculator include TDS?
No. This calculator does not deduct TDS or taxes. It shows a compound interest estimate before any tax deduction.
What is the difference between cumulative and non-cumulative FD?
In a cumulative FD, interest is reinvested and paid at maturity. In a non-cumulative FD, interest may be paid periodically, so compounding and maturity values can differ.
Important disclaimer: This calculator is for general planning only and does not provide personalised financial advice. Actual bank returns, taxation, TDS, compounding method and premature withdrawal rules may differ.