FD Calculator

Calculate Fixed Deposit maturity amount and interest earned. Compare returns across different tenures and interest rates.

Deposit Amount

Interest Rate (% p.a.)

Tenure (years)

Compounding

Frequently Asked Questions

How is FD interest calculated?

FD interest is calculated using compound interest formula. Most banks compound quarterly: A = P(1 + r/4)^(4t).

Is FD interest taxable?

Yes, FD interest is taxable as per your income tax slab. TDS of 10% is deducted if interest exceeds Rs. 40,000 per year (Rs. 50,000 for senior citizens).