India finance

FD calculator

Estimate fixed-deposit maturity with quarterly or monthly compounding.

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  1. 1 Enter the deposit amount.
  2. 2 Enter the annual interest rate.
  3. 3 Enter the term in years.
  4. 4 Choose quarterly compounding unless your bank uses another frequency.

How it works

Indian bank fixed deposits usually compound quarterly. Enter the deposit, the annual interest rate, the term in years, and how many times a year the interest compounds. The maturity amount is the deposit plus interest. Banks may use a slightly different day-count, and tax deducted at source is not removed here.

A = P × (1 + r / n)^(n × t)

Frequently asked questions

Why does quarterly compounding matter?

The same annual rate produces a slightly higher maturity when interest is added four times a year instead of once.

Is TDS deducted?

No. The figure is the contractual maturity before tax deducted at source.