Free FD Calculator | Unit Converters
Principal Amount
₹1,00,000
Interest Earned
₹38,042
Maturity Amount
₹1,38,042
How FD Calculator Works
Enter FD Details
Add your FD amount, interest rate, time period, and how often interest is added
Calculate FD Returns
Get your FD maturity amount and total interest earned instantly
What is Fixed Deposit (FD)?
A Fixed Deposit (FD) is a safe way to save money. You put your money in a bank for a fixed time period. The bank pays you interest on this money. FD calculator helps you find out how much money you will get back when your FD matures.
Our FD calculator uses compound interest formula to calculate your FD returns. This means you earn interest on your original amount plus the interest that gets added over time. The more often interest is added (compounding frequency), the more money you earn.
FD Calculator Examples
| FD Amount | Interest Rate | Time Period | Compounding | Maturity Amount | Interest Earned |
|---|---|---|---|---|---|
| ₹1,00,000 | 6.5% | 5 years | Quarterly | ₹1,37,414 | ₹37,414 |
| ₹2,00,000 | 7.0% | 3 years | Monthly | ₹2,46,130 | ₹46,130 |
| ₹5,00,000 | 6.0% | 2 years | Half-yearly | ₹5,63,081 | ₹63,081 |
| ₹10,00,000 | 8.0% | 1 year | Quarterly | ₹10,82,432 | ₹82,432 |
These FD calculator examples show how different amounts, interest rates, and time periods affect your FD returns. Use our FD calculator above to calculate your own FD maturity amount.
FD Calculator Formula
Compound Interest Formula for FD
A = P(1 + r/n)^(nt)
A = Final FD maturity amount
P = Principal amount (your FD investment)
r = Annual interest rate (as decimal)
n = Number of times interest is compounded per year
t = Time period in years
Our FD calculator uses this compound interest formula to give you accurate FD returns. The calculator automatically converts your interest rate percentage and calculates the exact maturity amount.
Benefits of Using FD Calculator
Quick FD Calculation
Calculate your FD maturity amount in seconds without manual calculation
Accurate FD Returns
Get precise compound interest calculation for your FD investment
Compare FD Options
Compare different FD schemes and choose the best one for you
Free FD Calculator
Use our FD calculator for free without any registration or charges
Plan Your Investment
Plan your FD investment strategy with accurate return calculations
Multiple Compounding
Calculate FD returns for different compounding frequencies
FD Calculator - Frequently Asked Questions
What is Fixed Deposit (FD)?
Fixed Deposit is a safe way to save money where you give your money to a bank for a fixed time. The bank pays you interest on this money. FD is one of the safest investment options with guaranteed returns.
How does FD calculator work?
FD calculator uses compound interest formula to calculate your FD returns. You enter your FD amount, interest rate, time period, and compounding frequency. The calculator then shows your maturity amount and total interest earned.
What is compounding in FD?
Compounding means earning interest on your interest. If you choose quarterly compounding, interest is added to your FD amount every 3 months. This helps your money grow faster than simple interest.
Which compounding frequency is best for FD?
Monthly compounding gives the highest returns, followed by quarterly, half-yearly, and yearly. However, most banks offer quarterly compounding for FDs. Use our FD calculator to compare different options.
Is FD calculator accurate?
Yes, our FD calculator is very accurate. It uses the standard compound interest formula that banks use. However, actual returns may vary slightly due to taxes and bank-specific terms and conditions.
Can I use FD calculator for any bank?
Yes, you can use our FD calculator for any bank FD. Just enter the interest rate and compounding frequency offered by your bank. The calculator works for all banks like SBI, HDFC, ICICI, Axis Bank, and others.
What is the minimum amount for FD?
Most banks allow FD with a minimum amount of ₹1,000. However, some banks may have different minimum amounts. You can use our FD calculator for any amount to plan your investment.
Are FD returns taxable?
Yes, FD interest is taxable as per your income tax slab. Banks deduct TDS if your FD interest exceeds ₹40,000 per year (₹50,000 for senior citizens). Our FD calculator shows gross returns before tax.
Types of Fixed Deposits
Regular FD
Standard FD with fixed interest rate and tenure. Use our FD calculator to calculate returns for regular FDs.
Senior Citizen FD
Higher interest rates for people above 60 years. Calculate senior citizen FD returns with our calculator.
Tax Saver FD
5-year lock-in FD with tax benefits under Section 80C. Calculate tax saver FD maturity amount.
Flexi FD
Partial withdrawal allowed with penalty. Use FD calculator to plan your flexi FD investment.
Cumulative FD
Interest is reinvested and paid at maturity. Our FD calculator shows cumulative FD returns.
Non-Cumulative FD
Interest paid monthly, quarterly, or yearly. Calculate non-cumulative FD returns easily.