FD Calculator
Calculate how much a fixed deposit will grow to, including the interest earned, for any bank FD.
Show solution steps
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What is the FD Calculator?
A Fixed Deposit (FD) is a deposit with a bank or NBFC for a fixed period at a fixed interest rate. Your capital is safe and the return is guaranteed, making FDs popular for short-to-medium term goals.
How to Calculate
FDs use compound interest: maturity = P × (1 + r/n)^(n×t), where n is the compounding frequency per year (Indian bank FDs usually compound quarterly).
Formula
Maturity = P × (1 + r/n)^(n×t)
How to Use
- Enter your details in the fields above.
- The result updates instantly as you type.
- Use Copy, Print or Download PDF to save your result.
Frequently Asked Questions
Is FD interest taxable?
Yes u2014 FD interest is added to your income and taxed at your slab rate. Banks deduct TDS if interest exceeds the threshold in a year.
What compounding do banks use?
Most Indian banks compound FD interest quarterly, which is the default here u2014 you can change it if your bank differs.
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