| Year | Principal (₹) | Interest Earned (₹) | Balance (₹) |
|---|
A Fixed Deposit (FD) is a savings scheme offered by banks where you deposit a lump sum for a fixed period at a predetermined interest rate. It's a safe investment option with guaranteed returns.
Enter your deposit amount, expected interest rate, tenure, and compounding frequency. The calculator will show maturity amount, total interest, and year-wise growth.
An FD Calculator helps you calculate the maturity amount and interest earned on a Fixed Deposit based on principal, rate, tenure, and compounding frequency.
FD interest is calculated using compound interest formula: A = P(1 + r/n)^(nt), where A is maturity amount, P is principal, r is rate, n is compounding frequency, t is tenure.
The calculator supports annual, quarterly, monthly, and daily compounding frequencies.
FD returns are guaranteed by banks up to Rs. 5 lakh under DICGC insurance. Always check current rates and terms.
The calculator uses standard compound interest formulas and provides accurate estimates. Actual returns may vary based on bank policies.