FD Calculator
This FD calculator shows the exact maturity value and interest on your fixed deposit with quarterly, monthly, yearly or simple-interest compounding — the same methods Indian banks use. Most banks compound quarterly, which is the default here; switch the method to match your deposit receipt.
- Nothing you type leaves this page
- Works offline once loaded
- Free forever, no signup
Preparing FD Calculator for you…
Loading the tool into your browser. Nothing is uploaded — the work happens on your device.
12 months = 1 year. Most bank and post-office RDs run 6 months to 10 years.
Capped at ₹1,50,000 per year by the PPF rules.
Set quarterly by the government — check the current notified rate before relying on this.
Maturity value
{{ inr(result.maturity) }}
{{ inr(principal) }} at {{ n(rate, 2) }}% p.a., {{ compoundingLabel }}
- Deposit {{ inr(principal) }}
- Interest earned {{ inr(result.interest) }}
- Avg. yield / year {{ effectiveYield }}%
Interest on FDs is taxable at your slab rate, and banks deduct TDS beyond the yearly threshold — the maturity shown here is before tax.
Maturity value
{{ inr(result.maturity) }}
{{ inr(rdMonthly) }}/month for {{ rdMonths }} months at {{ n(rdRate, 2) }}% p.a., quarterly compounding
- Total deposited {{ inr(result.invested) }}
- Interest earned {{ inr(result.interest) }}
RD interest is taxable at your slab rate like FD interest, and banks deduct TDS beyond the yearly threshold across your deposits.
Maturity value (year {{ ppfYears }})
{{ inr(ppfMaturity) }}
{{ inr(ppfDeposit) }}/year at {{ n(ppfRate, 2) }}% p.a., compounded annually
- Total deposited {{ inr(ppfInvested) }}
- Interest earned {{ inr(result.totalInterest) }}
PPF is EEE (Exempt-Exempt-Exempt) — the deposit, the interest and the maturity amount are all tax-free. The rate is reset every quarter by the government; confirm the current rate before relying on this projection.
| Year | Deposit | Interest | Balance |
|---|---|---|---|
| {{ row.year }} | {{ inr(row.deposit) }} | {{ inr(row.interest) }} | {{ inr(row.balance) }} |
How to use this tool
-
Enter deposit amount, rate and tenure
Type the deposit, the annual interest rate from your bank's FD card, and the tenure in years or months.
-
Pick the compounding your bank uses
Quarterly is the Indian bank standard for cumulative FDs; choose simple interest for payout FDs where interest is paid out instead of reinvested.
-
Read maturity value and interest
The maturity amount, interest earned and average yearly yield update instantly as you change any input.
Questions people ask
How is FD interest compounded?
Most Indian banks compound cumulative FDs quarterly: maturity = P × (1 + r/4)^(4t). ₹1 lakh at 7% for 5 years matures to about ₹1,41,478. Some deposits use monthly or yearly compounding — this calculator supports all three plus simple interest.
What is the maturity of ₹1 lakh for 5 years at 7%?
About ₹1,41,478 with quarterly compounding — ₹41,478 of interest. With simple interest the same deposit earns only ₹35,000, which is why compounding style matters when comparing offers.
What is the difference between cumulative and payout FDs?
A cumulative FD reinvests every interest payment until maturity, so interest earns interest. A payout FD pays interest to your account monthly or quarterly, leaving only the principal to grow — use the simple-interest option here to approximate a payout FD's total interest.
Is FD interest taxable?
Yes, at your income-tax slab rate. Banks deduct TDS once your interest across deposits crosses the yearly threshold — the maturity figure this calculator shows is before tax.
Do senior citizens get a higher FD rate?
Most banks pay senior citizens 0.25–0.50% extra per annum. Add that to your card rate here — on a 5-year deposit the difference compounds into a visibly larger maturity.
Is this FD calculator private?
Yes — the calculation runs entirely in your browser, nothing is uploaded, and the page keeps working offline once it has loaded.
Related tools
- SIP Calculator Free SIP calculator with optional annual step-up. See invested amount, estimated value and gain...
- Lumpsum Calculator Calculate one-time investment growth year by year — future value, gain and growth multiple at yo...
- EMI Calculator Free EMI calculator with full amortization schedule, total interest and prepayment savings. Runs...
- GST Calculator Add or remove GST at 5%, 12%, 18% or 28% with CGST/SGST split and base price. Instant, private,...
Free because it costs us nothing to run: your browser does the work, not our servers. Made by Dynamb Technologies — we build software for businesses.