FD Calculator – Calculate Fixed Deposit Interest & Maturity Amount

Looking for an accurate FD Calculator? Use our tool to calculate fixed deposit interest rates and estimate the maturity amount for your investment.

What is an FD Calculator?

An FD (Fixed Deposit) Calculator helps you determine the interest earned and the total maturity amount on your fixed deposit investment. It works for bank FDs, corporate FDs, and post office fixed deposits.

How to Use the FD Calculator?

✔ Enter Investment Amount – The amount you plan to deposit.
✔ Select Tenure – Choose the deposit duration (in months/years).
✔ Set Interest Rate – Input the applicable FD interest rate.
✔ Choose Interest Type – Simple or Compound Interest.
✔ View Results – Instantly see the total interest earned and maturity amount.

Example FD Calculation

• Investment Amount: ₹5,00,000
• Tenure: 5 Years
• Interest Rate: 7.5% per annum
• Interest Type: Compounded Quarterly
• Maturity Amount: ₹7,30,000

Why Use Our FD Calculator?

✅ Instant FD Interest Calculation – Get results within seconds
✅ Supports Multiple Interest Types – Simple & Compound Interest
✅ Compare FD Returns – Find the best FD scheme
✅ User-Friendly & Free – No registration required

More Financial Calculators

Use our other calculators for better financial planning:
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🔹 Lumpsum Calculator – One-time investment growth
🔹 SWP Calculator – Systematic Withdrawal Plan returns
🔹 Mutual Fund Returns Calculator – Track MF performance
🔹 Income Tax Calculator – Estimate tax liability
🔹 PPF Calculator – Public Provident Fund returns
🔹 EPF Calculator – Employee Provident Fund growth
🔹 RD Calculator – Recurring Deposit maturity calculation
🔹 GST Calculator – GST tax computation

FAQ – Frequently Asked Questions

1️⃣ What formula does the FD Calculator use?

For Simple Interest:
📌 SI = (P × R × T) / 100
For Compound Interest:
📌 A = P × (1 + R/N)^(N×T)

Where:

• P = Principal Amount
• R = Annual Interest Rate
• N = Number of compounding periods (Quarterly, Monthly, Annually)
• T = Tenure in years

2️⃣ Which banks offer the best FD rates?

FD interest rates vary by bank and scheme. You can check the latest RBI guidelines for current rates.

3️⃣ Is FD interest taxable?

Yes! Interest earned on FDs is taxable under Income Tax laws, but senior citizens can avail tax benefits under Section 80TTB.

RBI Official Website – Check the latest FD interest rates.

Investopedia – Fixed Deposit Guide – Learn more about FD investments.

Income Tax India – Understand tax on FD interest earnings.