FD Calculator
Calculate fixed deposit maturity and interest earned. Free online FD calculator that uses your country's compounding convention — quarterly for Indian banks, annual or monthly elsewhere.
After 5 years, your deposit grows to ₹1,41,478.
Maturity value per year
Assumes quarterly compounding, as used by most Indian banks.
Frequently asked questions
How is FD interest calculated?
A = P x (1 + r/n)^(n x t), where n is how often interest compounds per year. That convention differs by country: Indian banks compound quarterly, Canadian banks semi-annually, US and UK deposits typically monthly, and European term deposits annually. The calculator applies the convention for the country you've selected.
Is FD interest taxable?
Yes. Interest earned on fixed deposits is taxable as per your income tax slab, and banks may deduct TDS above a threshold.
Related tools
Read the guide: How Is FD Interest Calculated?
Results are estimates for illustration only and not financial advice.