About the FD Calculator
Find out how much your fixed deposit will be worth at maturity, the interest earned and the effective annual yield, with the compounding frequency your bank uses.
Key features
- Maturity amount and interest earned
- Quarterly, monthly, half-yearly or yearly compounding
- Tenure in years and months
- Effective annual yield
- Deposit vs interest chart
- Any currency, including INR
Calculate your fixed deposit returns
A fixed deposit (FD) or term deposit pays a guaranteed rate for a fixed period. Enter the amount, rate and tenure to see what you'll get back at maturity.
FD formula
Maturity = P × (1 + r ÷ n)^(n × t)
- P: deposit amount
- r: annual interest rate (as a decimal)
- n: compounding periods per year (4 for quarterly)
- t: tenure in years
1,00,000 at 7% compounded quarterly
| Tenure | Maturity amount | Interest |
|---|---|---|
| 1 year | 1,07,185.90 | 7,185.90 |
| 2 years | 1,14,888.18 | 14,888.18 |
| 3 years | 1,23,143.93 | 23,143.93 |
| 5 years | 1,41,477.82 | 41,477.82 |
Cumulative vs payout FDs
| Type | Interest | Best for |
|---|---|---|
| Cumulative | Reinvested and paid at maturity | Growing savings |
| Monthly or quarterly payout | Paid out regularly, not compounded | Regular income, such as for retirees |
Related tools
Compound interest calculator, SIP calculator, and inflation calculator to check your real return.
How to use the FD Calculator
- Enter your numbers in the fields above. Units and options can be changed at any time.
- The result updates instantly as you type; there's no calculate button to press.
- Check the breakdown under the main result for the details behind the number.
- Adjust the inputs to compare scenarios, for example a different rate or term.