FD calculator (fixed deposit)
How it works
The calculator applies compound growth to your deposit using the annual interest rate, the number of years, and the compounding frequency you enter.
Simple example
If you place ₹2 lakh in an FD at 7.5% for 2 years with quarterly compounding, the maturity value will be higher than the original deposit because interest keeps adding on itself.
What to look at
Compare maturity value, total interest earned, and whether the tenure matches your cash-flow need before locking the money.
Important note
Actual bank FD rates, premature withdrawal rules, and tax treatment may differ.
Frequently asked questions
Is FD return guaranteed?
Bank FDs usually offer a fixed contracted rate for the chosen tenure, subject to the bank’s terms.
Why does compounding matter?
More frequent compounding slightly increases the maturity value.
Can I use this for tax-saving FD?
Yes, as an estimate, but lock-in and tax rules differ.
What if I break the FD early?
Premature closure can reduce the effective return.
Does this include TDS?
No. It shows a simple pre-tax estimate.
Finance disclaimer
This calculator is for educational purposes only. It does not provide personalized financial, tax, legal, credit, or investment advice. Results are simplified estimates and may differ from actual bank, issuer, employer, lender, or tax outcomes.