FD Calculator

An FD Calculator, or Fixed Deposit Calculator, is a digital tool that helps you calculate the total returns on your fixed deposit investment. “FD” stands for Fixed Deposit—a savings option where you invest a lump sum for a fixed period at a predetermined interest rate. Originating from traditional banking systems, FDs are known for their safety and predictable returns.

With an FD calculator, you can enter your principal amount, interest rate, and duration— typically ranging from 7 days to 10 years—to instantly see how much you'll earn at maturity. It eliminates manual calculations and helps you plan smarter by showing the exact interest earned and total maturity value.

Whether you're a first-time investor or a regular saver, using an FD calculator is a quick and reliable way to compare FD schemes, choose the best tenure, and ensure your financial goals are on track.

Using the FD calculator is quick and simple:

1. Enter the Principal Amount – The amount you want to invest.
2. Choose the Tenure – Select the duration of the FD in months or years.
3. Enter the Interest Rate – Input the annual interest rate offered by the bank or financial institution.
4. Select Compounding Frequency – Choose how often the interest is compounded (monthly, quarterly, annually).

Once you hit “Calculate,” the tool displays:

• Total maturity amount
• Total interest earned
• Investment timeline

This helps you visualize your returns instantly.

Whether you're a first-time investor or a regular saver, using an FD calculator is a quick and reliable way to compare FD schemes, choose the best tenure, and ensure your financial goals are on track.

We use the compound interest formula to calculate FD maturity:

A = P (1 + r/n)^(n*t)

Where:

• A = Maturity amount
• P = Principal amount
• r = Annual interest rate (in decimal)
• n = Number of times interest is compounded per year
• t = Tenure in years

Example:
If you invest ₹1,00,000 for 5 years at 7% annual interest compounded yearly:
A = 100000(1 + 0.07/1)^(1*5) = ₹1,40,255 approx. Benefits of Using a Fixed Deposit Calculator

• Accurate Projections: Get precise maturity amounts and interest values.
• Time-Saving: Avoid manual calculations and spreadsheet errors.
• Better Planning: Choose the best FD scheme based on projected returns.
• Easy Comparison: Compare FDs across banks and financial institutions in seconds.

Ready to invest? Use our FD calculator above to plan your fixed deposit returns instantly. Compare rates, estimate your earnings, and make informed choices to grow your savings securely.

There are various types of FDs to suit different investor needs:

• Regular FD - Standard FD with fixed tenure and interest rate.
• Tax-saving FD – Comes with a 5-year lock-in and tax deduction under Section 80C.
• Senior Citizen FD – Offers higher interest rates for investors aged 60+.
• Flexi FD – Combines the features of savings and fixed deposits.