₹5,000₹1,00,00,000
1%15%
1 year25 years
Invested Amount:
₹5,000
Estimated Return:
₹4,836
Total Amount
₹9,836
Invested Amount:
₹5,000
Estimated Return:
₹4,836
Introduction
A Fixed Deposit (FD) is one of the most popular and secure investment options in India. It offers guaranteed returns with minimal risk, making it ideal for individuals who prioritize safety over high returns. To help you maximize your FD investment, you can use an FD Calculator to calculate the maturity amount and interest earnings easily.
Our Fixed Deposit Calculator is a simple, user-friendly tool designed to help you determine how much your investment will grow over time. By entering your deposit amount, tenure, and the applicable interest rate, you can instantly get an accurate estimate of the maturity amount of your FD.
Key Features of the Fixed Deposit Calculator
- Simple to Use: Just enter the principal amount, interest rate, and tenure to calculate your FD maturity value within seconds.
- Instant Results: Avoid complex manual calculations. Get accurate results at the click of a button.
- Compare Multiple FDs: Use the calculator to compare FDs from different banks and financial institutions, helping you choose the most profitable option.
- Supports Both Simple and Compound Interest: The calculator works for both simple and compound interest FD types, giving you flexibility in your calculations.
- Free and Unlimited Access: Use the Fixed Deposit Calculator as many times as you need to, free of cost, for better financial planning.
How to Use the FD Calculator
- Enter the Principal Amount: Input the amount you wish to invest.
- Choose the Tenure: Select the duration for which you want to lock in your FD (7 days to 10 years).
- Enter the Interest Rate: Input the interest rate provided by your bank or financial institution.
- Select Compounding Frequency: Choose how often the interest will be compounded (annually, semi-annually, quarterly, or monthly).
- Click 'Calculate': The calculator will instantly display the maturity amount and interest earnings.
Formula for FD Calculation
Simple Interest FD Formula:
M = P + (P × R × T / 100)
- P = Principal Amount
- R = Interest Rate
- T = Tenure (in years)
- M = Maturity Amount
Compound Interest FD Formula:
M = P (1 + R / 100) ^ T
- P = Principal Amount
- R = Interest Rate
- T = Tenure (in years)
- M = Maturity Amount
Benefits of Using the FD Calculator
- Accurate Predictions: Plan your finances better by knowing the exact maturity amount in advance.
- Time-Saving: The Fixed Deposit Calculator saves you time by avoiding complex manual calculations.
- Informed Decisions: Compare FDs across different banks and institutions, ensuring you make the most profitable choice.
- Flexible Options: Calculate for both simple and compound interest FDs, with various compounding periods.
- Financial Planning: Use the Fixed Deposit Calculator to plan future investments, set savings goals, and manage funds effectively.
Bank FD Calculators
| Bank FD Names | For General Citizens (P.A.) | For Senior Citizens (P.A.) |
|---|---|---|
| State Bank of India FD Calculator | 6.10% | 6.90% |
| HDFC Bank FD Calculator | 6.25% | 7.00% |
| ICICI Bank FD Calculator | 6.25% | 6.95% |
| IDBI Bank FD Calculator | 6.10% | 6.85% |
| Kotak Mahindra Bank FD Calculator | 6.20% | 6.70% |
| RBL Bank FD Calculator | 5.75% | 6.25% |
| KVB Bank FD Calculator | 6.10% | 6.60% |
| Punjab National Bank FD Calculator | 6.60% | 7.00% |
| Canara Bank FD Calculator | 6.50% | 7.00% |
| Axis Bank FD Calculator | 6.50% | 7.25% |
| Bank of Baroda FD Calculator | 5.65% | 6.65% |
| IDFC First Bank FD Calculator | 6.00% | 6.50% |
| Yes Bank FD Calculator | 6.75% | 7.50% |
| IndusInd Bank FD Calculator | 6.25% | 7.00% |
| UCO Bank FD Calculator | 5.30% | 5.80% |
| Central Bank of India FD Calculator | 6.25% | 6.75% |
| Indian Bank FD Calculator | 6.30% | 7.05% |
| Indian Overseas Bank FD Calculator | 6.40% | 6.90% |
| Bandhan Bank FD Calculator | 5.60% | 6.35% |
Fixed Deposit
- Fixed Deposit
- Introduction
- What is Fixed Deposit?
- Who offers FDs?
- Types of Fixed Deposits
- Current FD Interest Rates in India
- Eligibility Criteria for FDs
- Documents Required
- Lock-In Period for Fixed Deposits
- Benefits of Fixed Deposits
- Limitations of Fixed Deposits
- Loan against FD
- Who should invest in FDs?
- Taxation on FD Interest
Interest Rated
- FD Interest Rates
- Introduction
- Factors Influencing FD Interest Rates
- Special Features of Bank FD Interest Rates
- FD Interest Rates in India 2024 – Regular & Senior Citizen Rates
- Key Terms Related to Fixed Deposit Interest Rates
- FD Interest Rate Calculator
- Taxation on FD Interest Rates
- Tax-Saving FDs
- Flexi Fixed Deposit
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