Calculate FD maturity amount and interest instantly
Deposit Amount
₹5,00,000
Interest Earned
₹2,24,364
Maturity Value
₹7,24,364
Interest Rate
7.5%
A Fixed Deposit (FD) is a popular investment option offered by banks and financial institutions where you deposit a lump sum amount for a fixed period and earn interest at a predetermined rate. Unlike savings accounts, FD interest rates are generally higher and remain fixed during the investment tenure.
Using an FD calculator helps investors estimate the maturity value and interest earnings before investing. It allows you to adjust parameters such as deposit amount, interest rate, and tenure to see how your investment grows over time.
A = P (1 + r/n)nt
Where:
P = Principal investment
r = Annual interest rate
n = Number of compounding periods
t = Time period in years
To calculate the maturity value of your fixed deposit, enter the deposit amount, interest rate, and investment tenure. The calculator instantly shows the interest earned and final maturity value along with a visual chart. This helps investors compare different investment scenarios and plan their savings effectively.
Most banks allow Fixed Deposits starting from ₹1,000, though the minimum amount may vary depending on the bank.
Yes, interest earned from Fixed Deposits is taxable as per your income tax slab.
Yes, most banks allow premature withdrawal, but a small penalty may apply.
Cumulative FD pays interest at maturity, while non-cumulative FD pays interest monthly, quarterly, or yearly.