FD Calculator

Compute Your Fixed Deposit Returns Instantly

How Does FD Work? 🔧

Deposit Principal 💵 – You choose the amount to invest in the FD.
Select Tenure ⏳ – Decide how long you want to keep the money in the FD (days, months, or years).
Interest Rate 📊 – The bank fixes the interest rate based on your tenure and FD type.
Compounding Frequency 🔄 – Interest may be compounded monthly, quarterly, half-yearly, or annually.
Maturity Amount 🏦 – At the end of the tenure, you receive principal + interest (for cumulative FDs) or principal + periodic interest (for non-cumulative FDs).

Why Invest in FD? ✅

Maturity Amount: ₹1,30,000

Quick Estimation ⏱️ – Instantly calculate SI & CI returns.
Compare Options ⚖️ – Evaluate tenure, rate, and compounding frequency.
Financial Planning 🗂️ – Plan for short-term goals 🎯 or long-term goals 🏠.
Safe Investment 🛡️ – Low-risk, stable growth.

Benefits of Using an FD Calculator ✅

The information provided on this page is for educational and informational purposes only. It is not financial or investment advice. Past performance of mutual funds, SIPs, or any investment instrument does not guarantee future returns.

Investments are subject to market risks, including loss of principal. The examples and calculations shown (including SIP, Lumpsum, FD and RD scenarios) are illustrative and may not reflect actual investment outcomes.

Before making any investment decision, you should conduct your own research and consult a qualified financial advisor to ensure your choices align with your financial goals, risk tolerance, and current market conditions.

⚠️ Disclaimer

Planning your finances?

Fixed Deposits (FDs) are a safe and reliable way to grow your money 📈. With guaranteed returns and flexible tenures, FDs help you achieve both short-term and long-term financial goals 🎯.

Our FD Calculator makes it easy to see exactly how much your investment will grow, taking into account,

Principal 💵
Interest rate 📊
Tenure ⏳
Compounding frequency 🔄

A Fixed Deposit (FD) is a financial instrument offered by banks and NBFCs where you deposit a lump sum amount for a fixed tenure at a pre-determined interest rate. It is one of the safest investment options in India. 🏦

Unlike savings accounts, the interest rate on FDs is higher and fixed, providing predictable returns.

What is a Fixed Deposit (FD)? 💰

Types of Interest in FDs

Safe Investment 🛡️ – Low-risk, ideal for conservative investors.
Guaranteed Returns 💹 – Interest rate is fixed at the time of investment.
Flexible Tenure ⏳ – Short-term (7 days to 1 year) or long-term (1–10 years).
Liquidity Options 💧 – Premature withdrawal available (may incur penalty).
Higher Interest for Senior Citizens 👴👵 – Extra returns for senior investors.

Formula 🧮

Simple Interest (SI) 💵

Simple Interest is calculated only on the principal amount, not on the interest earned.

Where:

P = Principal Amount 💵
R = Annual Interest Rate (%) 📊
T = Time in years ⏳

Maturity Amount:

Example 💡:

Principal: ₹1,00,000 💵
Rate: 10% per year 📊
Tenure: 3 years ⏳

✅ Key Point: SI is ideal for short-term investments or when you want fixed interest on the principal.

Compound Interest (CI) 🔄

Compound Interest calculates interest on principal + accumulated interest, resulting in faster growth.

Formula 🧮

Where:

A = Maturity Amount 🏦
P = Principal Amount 💵
R = Annual Interest Rate (%) 📊
n = Compounding Frequency per year 🔄 (1 = annually, 2 = half-yearly, 4 = quarterly, 12 = monthly)
T = Time in years ⏳

Interest Earned:

Example 💡:

Principal: ₹1,00,000 💵
Rate: 12% per year 📊
Tenure: 1 year ⏳
Compounding: Quarterly 🔹

Interest Earned: ₹12,550 💹
Maturity Amount: ₹1,12,550 🏦

✅ Key Point: CI grows faster than SI, especially for longer tenures.

Tips for Maximizing Returns 💡

Higher Compounding Frequency 🔄 – Monthly or quarterly compounding gives better returns than annual.
Compare Interest Rates 📊 – Different banks offer different rates; choose the best.
Consider Laddering FDs – Spread investment across multiple FDs for liquidity and better returns.
Longer Tenure ⏳ – For CI, longer tenure results in exponential growth.