FD Calculator

We use compound interest: Maturity = Principal × (1 + r)^t, where r is the annual rate (adjusted for compounding frequency) and t is time in years. Compound frequency can be quarterly, half-yearly, or yearly.

Quarterly compounding credits interest every three months; half-yearly every six months; yearly once a year. More frequent compounding usually gives a slightly higher maturity for the same rate.

No. Banks offer different rates for different tenures (e.g. 1 year vs 5 years). Use the rate that matches your chosen tenure.

This calculator shows gross maturity. Tax (TDS) on interest may apply depending on your income and interest amount. Check current TDS rules for FDs.