💰FD Calculator

Fixed Deposit Calculator

Calculate maturity amount and interest earned on your Fixed Deposit investment.

FD Details

Amount you want to invest in FD

1,0001,00,00,000
%

Current FD rates range from 5% to 8%

310
months

1 year

3120

Most banks offer quarterly compounding

Note: Interest on FD is taxable as per your income tax slab. TDS is deducted if interest exceeds ₹40,000/year (₹50,000 for senior citizens).

Maturity Amount

₹0

After 1 year

Investment Breakdown

Principal Deposit₹1,00,000
Interest Earned₹0
Maturity Amount₹0

Deposit Composition

PrincipalInfinity%
InterestNaN%
Effective Annual Return6.50%

Understanding Fixed Deposits

Fixed Deposit (FD) is a safe investment option offered by banks where you deposit a lump sum for a fixed period at a predetermined interest rate.

Key Features of FD

  • Guaranteed Returns: Fixed interest rate throughout tenure
  • Safety: Insured up to ₹5 lakh per bank by DICGC
  • Flexible Tenure: 7 days to 10 years
  • Premature Withdrawal: Allowed with penalty (usually 0.5-1%)
  • Loan Facility: Can take loan against FD up to 90% of value

Best FD Rates (2026)

  • Senior Citizens: 7.5% - 8.5% p.a.
  • Regular Citizens: 6.5% - 7.5% p.a.
  • Small Finance Banks: Up to 9% p.a. (higher risk)