Fixed Deposit Calculator
Estimate FD maturity and interest across different tenures and rates; your bank's compounding and rounding rules may differ.
Fixed Deposit (FD) Calculator
Estimate maturity using illustrative quarterly compounding; bank rules can differ.
Rate and compounding frequency are editable product assumptions. Confirm the bank's actual compounding convention, payout option and premature-closure terms.
Want to keep this calculation?
Save the tool on this device, print the visible result to paper or PDF, or share the page. Shared links do not include your entered numbers.
FD interest and tax
FD interest is taxable even when the bank deducts no TDS
This calculator estimates deposit interest and maturity value. Final income tax depends on your total income and selected regime; bank TDS is only a credit against that liability. Current interest-payment thresholds and declaration eligibility must be checked separately from the maturity calculation.
Frequently Asked Questions (FAQs)
The formula depends on the deposit product. Many cumulative bank FDs compound quarterly, but some use monthly, half-yearly, annual or simple-interest payout conventions. Match the calculator frequency, day-count, tenure and maturity instructions to the selected bank product.