Calculator
FD Calculator
Quickly calculate FD interest and maturity amounts so you can plan deposits, compare banks, and avoid manual calculation errors.
Adjust Parameters
₹1,000₹1 Cr
1%15%
1 yr30 yr
₹1,00,000
Principal
₹41,478
Total Interest
₹1,41,478
Maturity Value
Effective Annual Rate7.19%
Show after-tax returns
Growth Over Time
Year-by-Year Breakdown
| Year | Opening Balance | Interest Earned | Closing Balance |
|---|---|---|---|
| 1 | ₹1,00,000 | ₹7,186 | ₹1,07,186 |
| 2 | ₹1,07,186 | ₹7,702 | ₹1,14,888 |
| 3 | ₹1,14,888 | ₹8,256 | ₹1,23,144 |
| 4 | ₹1,23,144 | ₹8,849 | ₹1,31,993 |
| 5 | ₹1,31,993 | ₹9,485 | ₹1,41,478 |
This FD calculator is for illustration purposes only. The maturity amount and interest shown are estimates and do not constitute a commitment or offer by any bank or financial institution. FD interest rates vary by bank and tenure. Interest earned on FDs is taxable as per your income tax slab; TDS is deducted at 10% if annual interest exceeds ₹40,000 (₹50,000 for senior citizens). Please consult your financial or tax expert to assess whether an FD is suitable for your needs.
Looking for Better Returns?
Our experts can help you find mutual funds that beat FD returns.
Smart FD Planning Tips
- FD returns are fully taxable — effective returns drop significantly in higher tax brackets. Check your tax slab
- Quarterly compounding gives better returns than annual compounding — toggle above to compare
- Consider debt mutual funds for potentially better post-tax returns. FD vs Mutual Funds
- 5-year tax-saving FD qualifies for Section 80C deduction up to ₹1.5L
- Senior citizens typically get 0.25–0.50% higher FD rates — always confirm latest rates with your bank