Fixed Deposit Calculator
Calculate your FD maturity amount and interest earned
FD Details
About Fixed Deposits
Fixed Deposits (FDs) are investment instruments offered by banks and NBFCs where you can deposit a lump sum amount for a fixed tenure at a predetermined interest rate. They offer guaranteed returns and are considered low-risk investments.
FD Maturity Details
Deposit Amount
₹5,00,000
Interest Earned
₹2,24,364
Maturity Value
₹7,24,364
Effective Yield
7.5%
Yearly Breakdown
| Year | Opening Balance | Interest | Closing Balance |
|---|---|---|---|
| 1 | ₹5,00,000 | ₹38,906 | ₹5,38,906 |
| 2 | ₹5,38,906 | ₹41,920 | ₹5,80,826 |
| 3 | ₹5,80,826 | ₹45,183 | ₹6,26,009 |
| 4 | ₹6,26,009 | ₹48,708 | ₹6,74,717 |
| 5 | ₹6,74,717 | ₹52,512 | ₹7,27,229 |
Benefits of Fixed Deposits
Safe & Secure
FDs are one of the safest investment options with guaranteed returns.
Fixed Returns
Earn a predetermined interest rate regardless of market fluctuations.
Flexible Tenures
Choose tenure from 7 days to 10 years based on your financial goals.
Fixed Deposit Calculator — Description & Usage
What Is This Tool?
The Fixed Deposit Calculator helps users calculate the maturity amount and interest earned on a fixed deposit. By entering the deposit amount, interest rate, and tenure, you can plan your savings and understand how your investment will grow.
- Calculate FD maturity value instantly.
- Helps plan savings and fixed-income investments.
- Supports different interest compounding frequencies.
Why Use the Fixed Deposit Calculator?
Know the maturity amount to plan financial goals and future expenses.
Understand how different interest rates and tenures affect returns.
How to Use This Tool (Step-by-Step)
- Enter deposit amount — the principal amount you want to invest in the FD.
- Enter interest rate — the annual interest rate offered by the bank.
- Enter tenure — specify the investment period in months or years.
- Select compounding frequency — choose how often the interest compounds (monthly, quarterly, yearly).
- Click Calculate — the tool will show the maturity amount and total interest earned.
Pro Tips for Best Results
- Compare interest rates from multiple banks to maximize returns.
- Choose a compounding frequency that benefits your investment.
- Reinvest FD maturity to take advantage of compound growth.
- Use it for short-term and long-term financial planning.
Use the Fixed Deposit Calculator to plan your savings efficiently and make informed investment decisions!