FD Calculator

What is FD Calculator?

A Fixed Deposit (FD) calculator helps you estimate the maturity amount and interest earned on a bank or corporate FD. FDs are one of the safest investment options in India, with returns guaranteed by the bank. Small Finance Banks and NBFCs often offer 8–9% p.a., while major banks offer 6.5–7.5%. Senior citizens typically get an additional 0.25–0.50% on FD rates.

📐 Formula Used

Maturity = P × (1 + r/n)^(n×t)
Where P = principal, r = annual rate, n = compounding frequency per year, t = years

📖 How to Use

Enter the principal, interest rate, tenure in months, and compounding frequency. The calculator shows maturity amount and total interest earned.

Frequently Asked Questions