Find out your Fixed Deposit maturity value instantly — just enter the amount, rate, and tenure to see your returns
🏦 FD Calculator
Estimate maturity value for your fixed deposit.
My dad always said fixed deposits are the safest way to grow your money – you give the bank a lump sum, they lock it away for a set period, and pay you interest. Sounds simple, but figuring out exactly how much you'll get back? That's where it gets tricky. I remember trying to calculate my first FD maturity amount with pen and paper, getting different answers each time. Whether you're planning for a vacation or just want to see your money grow safely, this calculator shows you the exact maturity amount and interest earned instantly. No more confusing formulas or second-guessing your math.
FD Calculator – FAQs
1) Which compounding frequency should I choose?
Most banks quote and compound **quarterly** for FDs. If you’re unsure, use quarterly; monthly is more common for deposits with monthly interest payout.
2) What’s the difference between cumulative and periodic payout?
In a **cumulative FD**, interest is reinvested and paid at maturity (higher maturity value). In **periodic payout** (monthly/quarterly), interest is paid out and not compounded, so maturity value is lower.
3) Does the calculator include TDS or premature closure penalties?
No. This tool shows gross maturity based on rate and compounding. Banks may deduct **TDS** if interest crosses limits, and **premature closure** usually reduces the effective rate.
4) Do senior citizen rates change the calculation?
Yes—the formula stays the same, but the **rate is higher** (bank-specific). Enter the senior citizen rate to see the correct maturity.
5) What if my tenure is in months and days?
Enter **years + months** in the calculator. Small day-count differences are ignored here; banks use their own day-count conventions.