Use this Fixed Deposit (FD) calculator to estimate the maturity amount and interest earned on your investment. Simply enter the deposit amount, tenure, and interest rate to get an instant calculation.
By default, this calculator assumes annual compounding. However, many banks in India compound interest quarterly or monthly. You can adjust the interest rate slightly to approximate different compounding frequencies and compare potential returns.
Example: If you invest ₹100,000 at an interest rate of 6.5% per annum for a tenure of 2 years with annual compounding, the calculator will display the estimated maturity amount at the end of the term.
Fixed Deposits are considered one of the safest investment options in India and are suitable for investors seeking predictable returns with low risk. Many investors also use an FD laddering strategy by investing in multiple deposits with different tenures to improve liquidity and manage interest rate fluctuations.
A Fixed Deposit is a financial instrument offered by banks and NBFCs where you deposit a lump sum for a fixed period at a pre-determined interest rate. Interest is compounded at regular intervals and paid either at maturity or periodically, depending on the chosen scheme.
Enter details and click Calculate