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by SEBI Registered Research Analysts

Fixed Deposit (FD) Calculator

Instantly calculate your FD maturity amount, total interest earned and compounding impact in a cleaner calculator experience aligned with our main tools hub.

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Fixed income planning
Fixed Deposit (FD) Calculator

Interactive projection, cleaner assumptions and a more guided planning flow.

SEBI Registered Research Analyst Built within a regulated research framework
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FD Parameters

Adjust sliders or type values directly

Principal Amount
₹1,000₹1 Cr
Annual Interest Rate
1%15%
Investment Period
1 Mo
Compounding Frequency
Effective Annual Rate
—
Total Compounding Periods
—
Monthly Equivalent Interest
—
Interest-to-Principal Ratio
—
Balance Growth Over Tenure

What is a Fixed Deposit?

A Fixed Deposit (FD) is a financial instrument offered by banks and NBFCs where you deposit a lump sum for a fixed term at a predetermined interest rate. The interest is compounded at agreed intervals, and the maturity value is returned at the end of the tenure.

The formula used:

A = P × (1 + r/n)n×t

Where P = Principal, r = Annual rate (decimal), n = Compounding periods per year, t = Time in years.

Maturity Amount

₹0
at 7% p.a. for 3 years
Principal Invested
₹0
Interest Earned
₹0
Total Value
₹0
Year-by-Year Breakdown
Year Interest Balance

Frequently Asked Questions

Common questions about Fixed Deposits and FD calculations

FD maturity is calculated using compound interest: A = P × (1 + r/n)n×t, where P is the principal, r is the annual interest rate, n is the compounding frequency per year (1 = yearly, 4 = quarterly, 12 = monthly), and t is the tenure in years.
Monthly compounding gives the highest effective yield because interest is reinvested more frequently. At 7% p.a., monthly compounding yields an effective annual rate of ~7.23%, versus 7.19% (quarterly), 7.12% (half-yearly) and 7% (yearly).
Yes. FD interest is added to your total income and taxed at your slab rate. Banks deduct TDS at 10% when annual interest exceeds ₹40,000 (₹50,000 for senior citizens). Submit Form 15G/15H to avoid TDS if your total income is below the taxable limit.
Most banks allow FDs starting from ₹1,000. Small finance banks and NBFCs may accept lower amounts. There is no upper limit for regular FDs, though tax-saving FDs under Section 80C are capped at ₹1.5 lakh per financial year.
Premature withdrawal attracts a penalty of 0.5%–1% reduction on the applicable interest rate. Interest is paid at the rate for the actual holding period minus the penalty, not the originally contracted rate. Some banks also impose a minimum lock-in period before allowing premature closure.
Disclaimer

This calculator is provided by Kalkine Consultancy India Private Limited for educational and illustrative purposes only. The output is based solely on assumptions entered by the user and should not be construed as investment advice, research recommendation, product recommendation, offer, solicitation, return assurance or guarantee. Actual outcomes may vary due to market conditions, interest-rate changes, fees, taxes, product terms and investor-specific circumstances. Kalkine is registered with SEBI as a Research Analyst; SEBI registration does not guarantee performance or provide any assurance of returns to investors. Kalkine Consultancy India Private Limited is registered with SEBI as a Research Analyst. SEBI registration does not imply approval of this calculator, guarantee of accuracy, or assurance of returns.

SEBI Registered · INH000017727

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