How is FD maturity calculated?

A = P × (1 + r/n)^(n×t), where n is the number of compounding periods per year.

Do banks compound quarterly?

Most Indian banks compound FD interest quarterly.

Is FD interest taxable?

Yes, it's added to your income and taxed at your slab rate. TDS may apply.

Are senior citizen rates included?

Enter the senior citizen rate your bank offers to see that result.

Can I withdraw early?

Usually yes, with a penalty that reduces the interest rate.

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FD Calculator

Fixed deposit maturity and interest.

Deposit amount

₹

Interest rate (p.a.)

Tenure

yrs

Invested

₹1,00,000

Interest earned

₹41,478

Maturity value

₹1,41,478

Principal (71%)
Interest (29%)

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How to Use the FD Calculator

Enter your deposit amount, the bank's annual interest rate and the tenure. Choose how often interest compounds — most Indian banks compound quarterly. Your maturity amount and total interest earned appear instantly.

Frequently Asked Questions

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