About Fixed Deposit Calculator
Estimate Fixed Deposit (FD) returns before investing. Our FD Calculator supports simple and compound interest with monthly, quarterly, or yearly compounding—showing maturity value, interest earned, growth chart, and year-wise opening/closing balance.
FD Interest Formula
Use these standard formulas for accurate estimates:
Compound FD
P = principal, r = annual rate, n = compounding per year, t = years
Simple interest FD
Example Calculation
Example: ₹1,00,000 @ 7% for 3 years (quarterly)
| Component | Value |
|---|---|
| Principal | ₹1,00,000 |
| Interest earned | ₹23,144 |
| Maturity | ₹1,23,144 |
Benefits of Using This Calculator
Instant results with standard financial formulas
Clear charts and tables for better decisions
Mobile-friendly — works on any device
100% free — no signup or data stored on servers
Built for Indian investors and taxpayers
Compare scenarios side-by-side where applicable
Frequently Asked Questions
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Interest is added to principal at each compounding interval and earns further interest. More frequent compounding yields slightly higher maturity.
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FD suits lumpsum savings; RD suits monthly savers. Compare using our RD and FD calculators with your cash flow.
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Bank FDs up to ₹5 lakh per depositor per bank are insured by DICGC. NBFC FDs have different risk profiles.
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Yes. Select Simple in compounding options for banks offering simple interest FDs.
More Savings Calculators
RD, CAGR, EMI and tax tools on Investro.
Conclusion
FD rates vary by bank and tenure. Use this calculator for planning; confirm actual maturity with your bank’s offer document and tax treatment of interest income.