FD Calculator: Fixed Deposit Maturity Amount

An FD is a popular, safe way to save. This calculator shows what your deposit will grow to over the chosen term.

What is it?

A fixed deposit locks a set amount for a fixed term at a fixed interest rate. Interest usually compounds quarterly.

How is it calculated?

A = P × (1 + r/n)^(n×t), where P is the principal, r the rate, n the compounding frequency and t the years.

Example

₹5 lakh at 7% for 5 years (quarterly compounding) matures to roughly ₹7.07 lakh.

Key things to know

• Senior citizens usually get about 0.5% extra.
• Breaking a long FD early incurs a penalty.
• Tax-saving FDs give an 80C benefit (old regime).
• TDS applies once interest crosses ₹40,000 (₹50,000 for seniors).

What to do next

Compare FD rates across banks and NBFCs before choosing.

[Place your affiliate / referral link here]

Frequently asked questions

When is FD interest paid?
Quarterly, annually, or at maturity — your choice.

Is FD interest taxed?
Yes, it’s added to your income and taxed at your slab.

Can I break it early?
Yes, but with a penalty.

Disclaimer: This article is for general information only and is not financial or tax advice. Consult a qualified advisor before making investment or tax decisions.