Fixed Deposit (FD) Calculator
Estimate maturity amount of bank fixed deposits with compounding. Helps compare different bank FD options.
Formula
A = P × (1 + r/n)^(n×t)
- P — Deposit amount
- r — Annual interest rate (decimal)
- n — Compounds per year
- t — Tenure in years
Example Calculation
₹1,00,000 at 6% p.a. for 5 years (quarterly compounding)
Result: Maturity ≈ ₹1,34,866
Practical Uses
- Bank FD planning
- Safe investments
- Retirement savings
Fixed Deposit (FD)
A = P(1 + r/n)nt. Choose compounding.
Maturity amount
123,143.93
Interest earned
23,143.93
FAQs
Is FD interest taxable?
Yes, as per income tax rules.
Do all banks compound quarterly?
Mostly yes, but check terms.
Disclaimer
Confirm with your bank.