FD Calculator – Fixed Deposit Maturity Amount

Find out how much your fixed deposit will be worth on maturity.

How to use the FD Calculator

  1. Enter the deposit amount.
  2. Enter the bank's FD rate for your tenure.
  3. Enter the tenure in years and months.
  4. Choose compounding (most Indian banks compound quarterly) and press Calculate.

FD maturity formula

A = P × (1 + r/n)n × t, where P is the deposit, r the annual rate, n the compounding periods per year and t the time in years.

Example

₹1,00,000 at 7% for 5 years with quarterly compounding matures to about ₹1,41,478.

Things to know

  • TDS: banks deduct tax at source if yearly FD interest crosses the threshold. Submit Form 15G/15H if eligible.
  • Senior citizens usually get 0.25–0.50% extra.
  • Tax-saver FDs have a 5-year lock-in and qualify under Section 80C (old regime).
  • Interest is taxable at your slab rate.

Frequently asked questions

Do banks compound FD interest quarterly?

Most Indian banks compound cumulative FDs quarterly.

Is FD interest taxable?

Yes. It is added to your income and taxed at your slab rate.

Can I use this for post office time deposits?

Yes. Enter the post office rate and choose the matching compounding.

Last updated: 10 November 2026