Fixed Deposit (FD) Calculator

The FD calculator helps to determine how much interest you can earn on your fixed deposit investment at the time of maturity.

₹
%

Result:

Total investment
Interest Earned
Maturity Amount

What is a Fixed Deposit (FD) Calculator?

The fixed deposit (FD) calculator can compute the estimated maturity amount and interest earned on your FD investment. It also returns the total interest for different compounding periods, such as monthly, quarterly, half-yearly, and yearly.

Fixed Deposit (FD) Calculator

How to Use the FD Calculator?

  1. Firstly, enter the deposit amount that you want to invest.
  2. After that, enter the rate of interest in percentage.
  3. Enter the period of time in which you want to invest your money. You can either enter the time period in years or months.
  4. Now select the compounding period from the dropdown option. Most of the banks give FD interest on a quarterly basis.
  5. Lastly, just press the "Calculate" button to see the final results on your screen.
  6. As a result, our tool will show total investment, interest earned on FD, and total maturity value.

Formula to Calculate Fixed Deposit Interest

M =  P × (1 +  
r
n
 ) n*t

Where,
M = Maturity amount,
P = Principal or Deposit amount,
r = Interest rate (%) (per annum),
n = No. of compounding in a year,
t = Number of years.

Interest Earned (I) = Maturity Value (M) - Principal Amount (P)
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