Fixed Deposit Calculator
Calculate the maturity amount and returns for your Fixed Deposit investment. Enter your investment details to see how your money will grow with compound interest.
FD Calculator
• Total investment: $1 - $10,000,000
• Interest rate: 0% - 50% per annum
• Time period: 0.1 - 50 years
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Fill in the form and click calculate to see your Fixed Deposit projections here.
Understanding Fixed Deposits
Benefits of Fixed Deposits
Fixed Deposits offer guaranteed returns with capital protection, making them ideal for conservative investors.
- • Guaranteed returns with no market risk
- • Capital protection with deposit insurance
- • Predictable income stream
- • Flexible tenure options
- • Compound interest growth
How Fixed Deposits Work
Your money grows through compound interest, typically calculated quarterly, providing steady wealth accumulation.
- • Interest compounded quarterly (4 times/year)
- • Formula: A = P(1 + r/n)^(nt)
- • Fixed interest rate for entire tenure
- • Maturity amount = Principal + Interest
- • Early withdrawal may have penalties
Investment Tips
These calculations assume quarterly compounding and fixed interest rates. Actual returns may vary based on the bank's terms and conditions. Consider factors like inflation, tax implications, and liquidity needs. Compare rates across different banks and consider laddering FDs for better liquidity. Consult with your bank or financial advisor for personalized advice.
💡 FD Tips
- ✓Compare rates across different banks
- ✓Consider cumulative FDs for higher returns
- ✓Ladder FDs for better liquidity
- ✓Account for tax on interest earnings
📚Understanding Fixed Deposits
What is Fixed Deposit?
A Fixed Deposit (FD) is a financial instrument where you deposit a lump sum amount for a predetermined period at a fixed interest rate.
FDs are considered one of the safest investment options with guaranteed returns and capital protection.
✅ DICGC insured up to ₹5 lakh per bank
How FD Interest Works
FD interest is calculated using compound interest formula:
Where:
- A = Maturity amount
- P = Principal (initial deposit)
- r = Annual interest rate
- n = Compounding frequency (usually 4 for quarterly)
- t = Time period in years
Types of FD
Interest compounds and is paid at maturity. Higher returns.
Interest paid periodically (monthly/quarterly). Regular income.
5-year lock-in with tax benefits under Section 80C.
FD vs Other Investments
Consider FDs as part of debt allocation in a diversified portfolio.