FD Calculator
Calculate fixed deposit maturity amount and interest earned on your investment
FD Details
₹
₹10K₹1Cr
%
3%12%
years
1 year10 years
Results
Enter your FD details and click Calculate to see your returns
About Fixed Deposits (FD)
A Fixed Deposit (FD) is a safe investment option offered by banks and NBFCs in India where you deposit a lump sum amount for a fixed tenure at a predetermined interest rate. FDs are popular for their guaranteed returns and capital protection.
How is FD Interest Calculated?
FD interest is calculated using the compound interest formula:
A = P × (1 + r/n)^(n×t)Where: A = Maturity Amount, P = Principal, r = Annual interest rate, n = Compounding frequency, t = Time period
Key Features of FDs
- Safe Investment: Principal amount is guaranteed with fixed returns
- Flexible Tenure: Choose from 7 days to 10 years based on your needs
- Premature Withdrawal: Available with penalty charges (usually 0.5-1%)
- Loan Facility: Get loan up to 90% of FD value
- Tax Benefits: Tax-saver FDs qualify for Section 80C deduction
- Interest Rates: Generally range from 5.5% to 8% p.a. for banks