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FD Calculator - Fixed Deposit Calculator

Calculate Fixed Deposit maturity amount and interest earned with quarterly compounding.

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About This Tool

A Fixed Deposit (FD) is a secure investment option offering guaranteed returns. Our FD Calculator computes the maturity value and total interest earned using quarterly compounding, which is standard across Indian banks.

How to Use?

  1. Enter your initial FD investment amount.
  2. Enter the banks annual interest rate.
  3. Enter the tenure in years.
  4. Click Calculate to see your maturity value.

Benefits

  • Provides exact maturity amount for financial planning.
  • Uses the standard Indian banking quarterly compounding formula.
  • 100% free and easy to use.

Frequently Asked Questions (FAQs)

Most banks in India compound Fixed Deposit interest on a quarterly basis.
Yes, FD interest is fully taxable as per your income tax slab. Banks also deduct 10% TDS if the interest exceeds ?40,000 per year (?50,000 for senior citizens).