FD Calculator
Estimate your fixed deposit maturity and interest earned.
🔒 Everything runs in your browser — nothing is uploaded
₹
%
Yr
Your Investment Results
Principal, interest earned and maturity value:
Invested amount
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Interest earned
₹
Maturity value
₹
FD Growth Schedule
| Year | Total Contribution | Returns Earned | Closing Balance | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| ₹ | ₹ | ₹ | |||||||||
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What Is a Fixed Deposit (FD)?
A Fixed Deposit is a secure investment where a lump sum is locked in for a fixed tenure at a guaranteed interest rate. This calculator estimates:
- Maturity amount after the term ends.
- Total interest earned during the tenure.
How Is FD Calculated?
The formula for compound interest:
A = P × (1 + r/n)ⁿᵗ - P = Principal amount
- r = Annual interest rate (decimal)
- n = Compounding frequency per year
- t = Duration in years
This reflects what most banks use, typically compounding quarterly or monthly.
Why Use an FD Calculator?
- Lock-in returns: You know your earnings upfront.
- Flexible terms: Compare durations (1–30 years) and see maturity gains.
- Easy planning: Use as a benchmark for low-risk savings or laddering strategies.
Frequently Asked Questions
Can I withdraw my FD before maturity? ▼
Yes, premature withdrawal is allowed but may incur penalties or lower interest rates. Check bank-specific terms before breaking your FD prematurely.
What is a cumulative vs non-cumulative FD? ▼
In a cumulative FD, interest is reinvested and paid at maturity. In a non-cumulative FD, interest is paid out periodically—monthly or quarterly—as income if you want cash flow.