FD Calculator
Fixed Deposit maturity amount with compounding interest
Enter Details
₹
% p.a.
In years
Results
🏧
Enter your FD details and click Calculate.
Formula
Quarterly: A = P × (1 + r ÷ 400)^(4n) Monthly: A = P × (1 + r ÷ 1200)^(12n)
- P (₹) — Principal deposited
- r (% p.a.) — Annual interest rate
- n (years) — FD tenure
Example: ₹1,00,000 at 7% for 3 years (quarterly) → Maturity ≈ ₹1,23,144
Interpreting Your Result
Interest is taxable
TDS applies above ₹40,000/year
TDS at 10% if annual interest > ₹40k (₹50k for senior citizens)
Frequently Asked Questions
Is FD interest taxable?
Yes. FD interest is added to your income and taxed per your slab. TDS is deducted at source if interest exceeds ₹40,000/year.
FD vs RD — what's the difference?
FD requires a one-time deposit. RD is monthly deposits — better if you don't have a lump sum upfront.