FD Calculator
Estimate your Fixed Deposit returns accurately with quarterly, half-yearly, or annual compounding.
Maturity Amount
₹1,38,042
Principal Amount
₹1,00,000
Total Interest
+₹38,042
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How to use Fixed Deposit (FD) Calculator
Enter the principal amount you wish to deposit.
Set the duration of your FD in years, months, or days.
Enter the interest rate offered by your bank.
Choose the compounding frequency (most banks compound quarterly).
View your exact maturity amount and total interest earned.
Why use our Fixed Deposit (FD) Calculator?
Accurate Compounding
Unlike basic simple interest calculators, this tool allows you to specify the exact compounding frequency (Quarterly, Half-Yearly, etc.) to match real-world bank calculations.
Flexible Durations
Whether you're locking money away for 5 years or just 45 days, the calculator adapts instantly to give you precise estimates.
100% Secure & Private
All processing happens in your browser. Your files are never uploaded to our servers, guaranteeing absolute privacy and security.
Lightning Fast
Because everything runs locally on your device, processing is instant. No waiting in queues or dealing with slow uploads.
Frequently Asked Questions
How do banks calculate FD interest ?
Most major banks calculate Fixed Deposit interest using quarterly compounding. This means the interest earned every 3 months is added back to your principal for the next quarter's calculation.
Is FD interest taxable?
Yes, the interest earned on Fixed Deposits is fully taxable as per your income tax slab. Banks may also deduct TDS (Tax Deducted at Source) at 10% if your interest exceeds ₹40,000 in a year (₹50,000 for senior citizens).
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