FD Calculator
Calculate your Fixed Deposit maturity amount and interest earned with different compounding frequencies.
🏦FD Details
Principal
₹5.00 L
Interest Earned
₹2.07 L
Principal vs Interest
FD Growth Over Time
Safe Investment
FDs are one of the safest investment options with guaranteed returns.
Compounding Options
Compare monthly, quarterly, half-yearly and yearly compounding.
Growth Chart
Visualize how your FD grows over the investment period.
How to Use
Enter Deposit
Set your FD investment amount.
Set Rate
Enter the FD interest rate offered by your bank.
Choose Tenure
Select FD duration from 1 to 10 years.
View Maturity
See maturity amount and interest earned.
The Formula
A = P × (1 + r/n)^(n×t)Frequently Asked Questions
What is a Fixed Deposit?
A Fixed Deposit (FD) is a financial instrument where you deposit a lump sum for a fixed period at a predetermined interest rate. It offers guaranteed returns.
Is FD interest taxable?
Yes, FD interest is fully taxable. TDS of 10% is deducted if interest exceeds ₹40,000/year (₹50,000 for senior citizens). You can submit Form 15G/15H to avoid TDS.
Which compounding is better?
More frequent compounding gives slightly higher returns. Monthly > Quarterly > Half-yearly > Yearly compounding.
Can I break FD before maturity?
Yes, premature withdrawal is allowed but usually with a penalty of 0.5-1% reduction in interest rate.
What is the 5-year tax saving FD?
A 5-year tax saving FD qualifies for Section 80C deduction up to ₹1.5 lakh, but has a lock-in period of 5 years.