📐 FD Calculator Formula
A = P * (1 + r/n)^(n*t)
- P: Principal Invested Amount
- r: Annual Interest Rate (in decimal form, e.g., 7% = 0.07)
- n: Compounding frequency per year (4 for Quarterly)
- t: Tenure in Years
Fixed Deposit (FD) Maturity Calculator
Compute the guaranteed maturity returns of bank fixed deposits. Compare returns using different bank interest rates and compound frequencies.
Input Parameters
₹
%
Yrs
Results
Invested Amount₹1,00,000
Interest Earned₹42,175
Maturity Amount₹1,42,175
Visual Breakdown
Total₹1,42,175
Principal Invested:70%
Interest Earned:30%
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Investment Growth Projection
| Year | Interest | Maturity |
|---|---|---|
| 1 | ₹7,291 | ₹1,07,291 |
| 2 | ₹15,114 | ₹1,15,114 |
| 3 | ₹23,508 | ₹1,23,508 |
| 4 | ₹32,513 | ₹1,32,513 |
| 5 | ₹42,175 | ₹1,42,175 |
📝 Example
If you open an FD of ₹1,00,000 for 5 years at a 7% interest rate compounded quarterly, your maturity amount will be ₹1,41,478. The total interest earned is ₹41,478.
✅ Benefits
- •Guaranteed return estimation helps secure your portfolio planning.
- •Allows comparing bank rates versus corporate FDs.
- •Shows breakdown of interest earned versus starting principal.
❓ Frequently Asked Questions
What is compounding in FD?
Compounding means you earn interest on interest already earned. Most Indian banks compound interest quarterly, which yields higher returns than simple interest.
Is FD interest taxable?
Yes, FD interest is taxable based on your income tax slab. Banks deduct TDS (Tax Deducted at Source) if your annual interest exceeds ₹40,000 (₹50,000 for senior citizens).
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