FD Calculator
Calculate your Fixed Deposit returns with precision. Plan your investments wisely with our comprehensive FD calculator.
Investment Details
Enter your investment parameters to calculate returns
How to Use the FD Calculator
👉 Step-by-step guide
Start by entering the amount you plan to invest in a Fixed Deposit (FD) in the input field above. This is your principal amount.
Enter the annual interest rate offered by your bank or financial institution and select the FD tenure (in years). This helps calculate your returns accurately.
Click on the Calculate button to instantly view your FD maturity amount, total interest earned, and overall return on investment.
You can modify the amount, tenure, or interest rate to compare different FD options and choose the most profitable one.
About FD Calculator
What is FD Calculator?
The FD Calculator (Fixed Deposit Calculator) is a tool designed to calculate the maturity amount and interest earned on a fixed deposit investment. It uses compound interest principles to provide accurate results.
It is a free online tool that allows you to calculate the maturity amount and interest earned on a fixed deposit investment. It is a very useful tool for investors to plan their investments and make informed decisions.
Key Parameters
- Principal Amount: The initial amount deposited
- Interest Rate: The annual interest rate provided by the bank
- Tenure: The duration for which the amount is deposited
What Makes Our FD Calculator Unique?
- Accurate FD Calculations - Calculates maturity amount and total interest earned using the precise compound interest formula.
- Real-Time Results - Get instant calculations as you type. No waiting or manual computation required.
- Customizable Inputs - Adjust deposit amount, tenure and interest rate to see how returns change instantly.
- Visual Growth Charts - View a clear graphical representation of your FD growth over time for better understanding.
- Compare Multiple FD Options - Easily compare different banks or schemes to find the most profitable investment plan.
- Plan Your Investments Smartly - Understand how small changes in rate or duration can impact your final returns.
- User-Friendly & Mobile Optimized - Enjoy a seamless experience on desktop, tablet, or smartphone.
- Completely Free to Use - No registration or downloads required. Calculate your FD maturity amount anytime, anywhere.
Use Cases for FD Calculator
- Investment Planning: Estimate your future savings and plan your financial goals effectively.
- Compare FD Schemes: Analyze and compare fixed deposit options from different banks or financial institutions.
- Tax-Saving FDs: Calculate returns on tax-saving fixed deposits to plan your investments efficiently.
- Retirement Planning: Forecast how much you can accumulate through FDs for a secure retirement.
- Short-Term Goals: Evaluate FD returns for short durations to manage liquidity and emergency funds.
- Wealth Growth Analysis: Understand how compounding interest increases your returns over time.
- Financial Decision-Making: Use the calculator to make informed decisions on tenure, reinvestment, and maturity options.
Related Tools
Calculation Formula
The maturity amount for a Fixed Deposit (FD) is calculated using the compound interest formula:
A = P × (1 + r / n)n × t
- A = Maturity Amount
- P = Principal Amount (initial investment)
- r = Annual Interest Rate (in decimal, e.g., 7.5% = 0.075(r / 100))
- n = Number of times interest is compounded per year (Quarterly = 4)
- t = Time period in years
The interest earned is calculated as:
Interest = A - P
Example
Example:
- Principal (P): ₹100,000
- Interest Rate (r): 7.5% per annum
- Time Period (t): 5 years
- Compounding Frequency (n): Quarterly (4 times per year)
A = 100000 × (1 + 0.075 / 4)4 × 5 = ₹1,44,995
Maturity Amount (A): ₹1,44,995
Interest Earned: ₹44,995
💡 If you invest ₹1,00,000 for 5 years at 7.5% annual interest compounded quarterly, your investment will grow to ₹1,44,995 - earning ₹44,995 in interest.