FD Calculator — Calculate Fixed Deposit Returns
Find out exactly how much your Fixed Deposit will grow. Supports all compounding frequencies — monthly, quarterly, half-yearly, and annually.
FD Details
Compounding Frequency
₹1.41 L
Maturity Amount
₹41,478
Total Interest
7.2%
Effective Rate
FD Summary
FD Growth Over Time
Get the Best FD Rates
Compare Fixed Deposit rates from top Indian banks and small finance banks.
What is a Fixed Deposit (FD)?
A Fixed Deposit (FD) is one of India's most popular savings instruments, offered by banks and NBFCs. You deposit a lump sum amount for a fixed tenure at a predetermined interest rate. Unlike savings accounts, the interest rate on an FD is locked in at the time of opening — your returns are guaranteed regardless of market fluctuations. FD tenures in India range from 7 days to 10 years, with interest rates varying by bank, tenure, and investor type (regular vs senior citizen). Bank FDs are insured by DICGC up to ₹5 lakh per depositor per bank, making them one of the safest investment options available to Indian investors.
How to Use the RupeeMath FD Calculator
- 1.Principal Amount: Enter the amount you want to deposit (e.g., ₹1,00,000).
- 2.Interest Rate: Enter the annual interest rate offered by your bank (e.g., 7.5%). Check the bank's website for the latest rates.
- 3.Tenure: Enter the FD duration in years (e.g., 5 years).
- 4.Compounding Frequency: Select how often interest is compounded — monthly, quarterly (most common), half-yearly, or annually.
- 5.View results: Instantly see Maturity Amount, Total Interest Earned, and Effective Annual Rate. The chart shows year-by-year growth of your deposit.
FD Compounding Frequencies Compared
The FD maturity formula is: A = P × (1 + r/n)^(n×t), where r is the annual rate, n is the compounding frequency, and t is tenure in years.
| Frequency | Compounds/year | ₹1L at 7.5% for 5 yrs |
|---|---|---|
| Annually | 1 | ₹1,43,563 |
| Half-yearly | 2 | ₹1,44,141 |
| Quarterly | 4 | ₹1,44,438 |
| Monthly | 12 | ₹1,44,636 |
Example figures for illustration. Actual returns depend on the bank's offered rate.