🏦 FD Calculator
Find your fixed deposit maturity amount and interest earned — instantly & free.
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📣 Join Free Telegram Open a Free Investment Account →How FD maturity is calculated
A fixed deposit pays compound interest on your money for the chosen tenure. The maturity amount is calculated as:
A = P × (1 + r ÷ n)n × t
Where P = deposit amount, r = annual interest rate (as a decimal), n = times interest is compounded per year, and t = tenure in years. More frequent compounding gives a slightly higher maturity value.
FD tips
Senior citizens usually get a higher rate. Interest is taxable as per your income slab, and TDS may apply if interest crosses the limit. Compare rates across banks and small finance banks before locking in.
Frequently Asked Questions
- Is FD interest taxable?
- Yes, FD interest is added to your income and taxed as per your slab. Banks may deduct TDS if interest exceeds the threshold in a year.
- Which compounding gives more returns?
- Monthly compounding gives slightly more than quarterly or yearly for the same rate, because interest is added more often.
- Is this FD calculator free?
- Yes — completely free, no sign-up, and it runs entirely in your browser.
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⚠️ This calculator is for educational and estimation purposes only and is not financial advice. AI360Trading is not SEBI registered. Confirm exact figures and tax treatment with your bank.