FD (Fixed Deposit) Calculator
Calculate maturity value and total interest earned on FD investment.
FD Calculator – Fixed Deposit Interest & Maturity Calculator (Free Online Tool)
Use our free FD Calculator online to calculate Fixed Deposit maturity amount & interest. Simple tool for SBI, HDFC, ICICI & all banks.
FD Calculator – Free Online Tool
A Fixed Deposit (FD) Calculator helps you calculate the maturity value and interest earned on your FD investment. Just enter the deposit amount, tenure, and interest rate to know how much you will get at maturity.
How to Use FD Calculator?
- Enter your Deposit Amount (₹).
- Enter the Interest Rate (%) offered by your bank.
- Enter the Tenure (Years/Months).
- Click Calculate to see the Maturity Value and Total Interest Earned.
👉 Example:
If you invest ₹1,00,000 at 6.5% annual interest for 5 years, the calculator will show you the final maturity amount and the interest earned.
Benefits of Using FD Calculator
✅ Get accurate maturity value instantly
✅ Plan your investments better
✅ Compare FD returns with other banks
✅ Easy to use on mobile & desktop
FD Calculation Formula
The formula used in FD Calculator (Compound Interest Formula):
A = P (1 + r/n) ^ (n × t)
Where:
- A = Maturity Amount
- P = Principal Amount (Deposit)
- r = Annual Interest Rate (in decimal)
- n = Number of compounding per year (usually 4 for quarterly)
- t = Tenure (in years)
FAQ
Q1. How does FD Calculator work?
Ans: It uses the compound interest formula to calculate maturity value.
Q2. Is FD interest taxable?
Ans: Yes, TDS is applicable if annual interest exceeds ₹40,000 (₹50,000 for senior citizens).
Q3. Can I use this calculator for any bank?
Ans: Yes, you can use it for SBI, HDFC, ICICI, Axis Bank, or any other bank.
Q4. Which is better – FD or SIP?
Ans: FD gives fixed returns, while SIP in mutual funds may give higher but market-linked returns.
