Fixed Deposit Calculator – Grow Your Savings

An FD Calculator estimates the maturity value and interest earned on a fixed deposit given the principal, interest rate, tenure and compounding frequency.

More frequent compounding (monthly/quarterly) results in slightly higher maturity value compared to annual compounding for the same nominal rate.

It provides theoretical projections based on the inputs. Actual bank payouts may differ slightly due to rounding, tax treatment or bank-specific compounding rules.

No — this tool shows gross maturity. Tax on interest is not deducted in calculation; consult a tax advisor for post-tax estimates.

FDs are suited to conservative investors and short-to-medium term goals where capital preservation and predictable returns are priorities.

Compare rates, compounding frequency, tenor and tax implications across banks. Use the calculator to quickly compare maturity values for different offers.

Maturity amount is the total amount you receive at the end of the FD tenure — principal plus compounded interest.

Yes. More frequent compounding (e.g., quarterly vs annual) yields slightly higher returns for the same nominal annual rate.

Most banks charge penalties or pay lower interest rates for premature withdrawals. Check bank-specific T&Cs for details.

Yes — interest from FDs is taxable as per your income slab. TDS rules may also apply. Consult a tax advisor for specifics.

With cumulative FDs, interest is reinvested and compounded. With non-cumulative FDs, interest is paid out periodically.

No — this is an estimation tool. For exact payouts, rely on bank-issued statements and T&Cs.