FD Calculator
Calculate Fixed Deposit maturity amount and interest earned
FD Details
Enter your FD information
FD Maturity
📊 FD Breakdown
💡 FD Insight
Your FD will grow by 41.5% in 5 years with quarterly compounding!
❓ FAQs
Fixed Deposit is a financial instrument provided by banks where you deposit money for a fixed period at a predetermined interest rate, higher than regular savings.
FD uses compound interest formula: A = P(1 + r/n)^(nt). Where A = maturity, P = principal, r = annual rate, n = compounding frequency, t = years.
Yes! FD interest is fully taxable as per your income tax slab. TDS @ 10% is deducted if interest exceeds ₹40,000/year (₹50,000 for senior citizens).
Yes, but you'll face penalty (usually 0.5-1%) on the interest rate. Some banks offer FDs with no premature withdrawal penalty at slightly lower rates.