Calculate your Fixed Deposit maturity amount and interest earned accurately with our free online FD calculator.
Whether you're planning a short-term investment or locking in your savings for several years, knowing the exact returns is crucial. Our FD calculator simplifies complex financial calculations and provides instant, reliable results based on your input values—principal amount, interest rate, and investment tenure.
Compare fixed deposit schemes from banks or NBFCs and make smarter financial decisions. Our tool is free, fast, and works on all devices.
A Fixed Deposit (FD) is a popular savings tool offered by banks and financial institutions. When you invest in an FD, your money is locked in for a specific duration, typically ranging from 7 days to 10 years. In return, you earn a higher rate of interest than regular savings accounts.
FDs are ideal for individuals looking for a low-risk, stable investment option to grow their money steadily over time.
An FD calculator is a simple online tool that helps you estimate the total returns from your fixed deposit at the end of the maturity period. Instead of doing complex calculations manually, you can use the calculator to get instant and accurate results.
Simple interest FDs calculate returns using a basic formula:
M = P + (P × r × t / 100)
Example: If you invest ₹1,00,000 at 10% for 5 years, the maturity amount will be ₹1,50,000.
Compound interest FDs calculate interest on the accumulated amount periodically using the formula:
M = P × {(1 + i/100)t - 1} + P
Example: ₹1,00,000 invested at 10% annually for 5 years will grow to approximately ₹1,61,051.
Besides the FD calculator, we offer various free financial tools like EMI calculators, SIP planners, and loan calculators to help you make informed money decisions.
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