Are you looking for a fixed deposit calculator to estimate your returns before investing? Our advanced FD calculator helps you calculate maturity amounts, compare interest rates, and plan your investments efficiently. Whether you’re investing ₹10,000 or ₹10 lakhs, this tool provides accurate FD interest calculations with a user-friendly interface.
Fixed Deposit Calculator
Plan your investments and estimate your returns with our easy-to-use calculator
Maturity Amount
| Principal Amount | ₹1,00,000 |
|---|---|
| Total Interest | ₹6,500 |
| Maturity Amount | ₹1,06,500 |
| Tenure | 12 months |
| Interest Rate | 6.5% p.a. |
Why Use Our Fixed Deposit Calculator?
✅ Instant Results – Get maturity value in seconds
✅ Compare Interest Rates – See how different rates affect returns
✅ Flexible Tenure Options – Calculate for 1 month to 10 years
✅ Multiple Payout Frequencies – Monthly, quarterly, or at maturity
✅ Interactive Charts – Visualize principal vs. interest breakdown
How to Use the FD Calculator?
- Enter Deposit Amount (₹1,000 to ₹10,00,000)
- Select Tenure (1 month to 10 years)
- Input Interest Rate (1% to 15%)
- Choose Payout Frequency (Monthly, Quarterly, Annually, or At Maturity)
- View Results Instantly – Maturity amount, interest earned & comparison charts
Benefits of Fixed Deposits (FDs)
✔ Guaranteed Returns – Unlike stocks, FDs offer fixed interest
✔ Low Risk – Safe investment backed by banks/NBFCs
✔ Flexible Tenures – From 7 days to 10 years
✔ Tax-Saving FDs – Under Section 80C (5-year lock-in)
FD Interest Calculation Formula
The calculator uses compound interest for periodic payouts (monthly/quarterly) and simple interest for maturity payouts.
- Compound Interest Formula:CopyA = P (1 + r/n)^(n*t) Where:
- A = Maturity amount
- P = Principal
- r = Annual interest rate
- n = Compounding frequency
- t = Tenure in years
- Simple Interest Formula (for maturity payout):CopyA = P (1 + r*t)
| Bank | Interest Rate (p.a.) | Tenure |
|---|---|---|
| SBI | 6.50% – 7.50% | 1-10 years |
| HDFC Bank | 6.75% – 7.25% | 1-10 years |
| ICICI Bank | 6.70% – 7.40% | 1-10 years |
| Post Office FD | 6.80% – 7.50% | 1-5 years |
For more details on FD interest rates & investment strategies, check:
🔗 RBI Fixed Deposit Guidelines