Fixed Deposit Calculator

Calculate your fixed deposit maturity amount and interest earned with precision

Select Currency

Interest Type

Total Investment

₹

Annual Interest Rate

Time Period

Your FD Results Will Appear Here

Enter your investment details and click Calculate to see your maturity amount and interest earned.

What is a Fixed Deposit?

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.

Why Use Our FD Calculator?

Save time by avoiding manual interest calculations
Get accurate maturity amounts based on your deposit, interest rate, and tenure
Quickly compare returns across banks or NBFCs offering different rates
Plan your investments more confidently with precise estimates
Understand the difference between simple and compound interest

Types of FD Interest Calculations

Simple Interest FD

M = P + (P × r × t / 100)

Where:
P = Principal amount
r = Annual interest rate
t = Tenure in years

Compound Interest FD

M = P × (1 + r/n)^(n×t)

Where:
P = Principal amount
r = Annual interest rate
n = Number of compounding periods per year
t = Tenure in years

How to Use This FD Calculator

Select your preferred currency
Choose between simple or compound interest calculation
Enter the principal amount you wish to invest
Input the annual interest rate offered by the bank or NBFC
Enter the investment tenure and select years or months
Click on the "Calculate" button to see your results

Plan More with PaisaKawach

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.

Explore More Calculators