Fixed Deposit Calculator
Calculate your FD maturity amount, interest earned and periodic interest payout.
This is an estimation setting, not every bank’s actual compounding convention. Default is quarterly, commonly used for cumulative deposits in India.
Actual bank maturity may differ depending on the bank’s FD product, compounding convention, rounding methodology and tenure calculation.
| Year | Opening Balance | Interest | Closing Balance |
|---|
Uses the deposit amount and tenure entered above. Enter up to three rates to compare.
| Option | Rate | Interest | Maturity |
|---|
FD interest may be taxable and TDS may apply depending on applicable tax rules, thresholds and the depositor’s circumstances. This calculator does not calculate TDS.
- Banks may allow premature closure subject to product rules.
- The applicable interest may be lower than the originally booked rate.
- A penalty may apply depending on the bank or product.
- The exact calculation depends on the bank’s specific terms.
Premature withdrawal calculation will be added in a future version.
Fixed Deposit
- Usually higher interest
- Fixed tenure
- Less liquidity
Savings Account
- More liquidity
- Usually lower interest
- Suitable for readily accessible funds
This is general information, not investment advice.