About this tool
A fixed deposit (FD) pays a set interest rate for a fixed period. This tool shows the maturity amount and total interest for your deposit.
How to use FD Calculator
- Enter the deposit amount.
- Add the interest rate, term and compounding frequency.
- See the maturity value and interest earned.
Frequently asked questions
Which compounding do banks use?
Many banks compound quarterly, but check your bank's terms.
Is FD interest taxable?
Usually yes. Tax rules depend on your country, so check local rules.