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.
When it comes to safe and steady investments in India, Fixed Deposits (FDs) are usually the first thing people think of. They’re simple — you put in a lump sum, let it sit for a chosen period, and watch it grow with guaranteed returns. No market risks, no sleepless nights. But here’s the tricky part: most people don’t really know how much they’ll actually get at maturity until the bank statement arrives. That’s where an FD Calculator steps in.
Instead of pulling out formulas or second-guessing bank interest tables, you just enter three simple things — your deposit amount, the tenure, and the interest rate. In seconds, the calculator shows you the maturity value, the interest earned, and how much your money has grown. Some calculators even let you choose between simple interest and compound interest, so you can see the difference it makes when your returns get reinvested.
This tool is especially useful if you’re comparing FDs from different banks, planning for a future expense (like education fees, a vacation, or retirement), or just deciding whether to go for a short-term or long-term deposit. For senior citizens, who often get higher FD rates, it’s even more powerful — you can clearly see how much extra you’ll earn.
In short, the FD Calculator takes away the guesswork and gives you clarity. Before locking away your money, try different scenarios, see what fits your goals, and make your decision with confidence. Safe savings deserve smart planning.
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.