More Tools
FD Calculator
Calculate Fixed Deposit Maturity & Interest Instantly
Calculate fixed deposit maturity amount, interest earned, and compare FD returns. Free, privacy-friendly, and easy to use!
Frequently Asked Questions about FD Calculators
What is an FD calculator?
An FD calculator helps you estimate the maturity amount and interest earned on a fixed deposit based on principal, rate, tenure, and compounding frequency.
How is FD interest calculated?
FD interest is calculated using the compound interest formula: Maturity = Principal × (1 + Rate/(100×n))n×Tenure, where n is compounding frequency per year.
Can I compare two FDs?
Yes, you can compare two FDs with different rates, tenures, or banks to see which gives a better return.
What is compounding frequency?
Compounding frequency is how often interest is added to your FD (yearly, half-yearly, quarterly, monthly). More frequent compounding increases returns.
Is this calculator free?
Yes, this FD calculator is free, privacy-friendly, and works on any device.
How FD Interest is Calculated
FD interest is calculated using the compound interest formula:
Maturity = Principal × (1 + Rate/(100×n))n×Tenure
where n is the compounding frequency per year.
For example, for quarterly compounding, n = 4.
- Enter your Principal Amount (the amount you want to invest).
- Enter the Annual Interest Rate offered by your bank or financial institution.
- Specify the Tenure (duration) of your FD and select the unit (years or months).
- Choose the Compounding Frequency (how often interest is added to your FD).
- Click Calculate to see the maturity amount, total interest earned, and a summary.
- Click Reset to clear all fields and start over.