Free FD Calculator
Estimate what a fixed deposit will be worth at maturity — no signup, nothing sent to a server.
Maturity value
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Deposit amount
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Interest earned
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How to calculate FD maturity value
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1
Enter the deposit amount
Type the lump sum you plan to deposit into the fixed deposit.
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2
Enter the interest rate
Use the rate your bank has quoted for the tenure you're considering.
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3
Set the tenure
Enter the deposit period in years — decimals like 1.5 work for part-year tenures.
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4
Pick the compounding frequency
Match it to how your bank compounds interest, then read the maturity value and interest earned.
Example use cases
Comparing bank FD offers
Check which bank's quoted rate and compounding frequency actually gives a higher maturity value.
Planning a short-term goal
See how much a lump sum could grow to over a fixed tenure like 1 or 3 years.
Comparing FD vs other options
Use alongside the PPF or SIP calculator to compare a fixed-rate deposit against other investments.
Frequently asked questions
How is FD maturity value calculated?
Maturity value = P × (1 + r ÷ n)^(n × t), where P is the deposit amount, r is the annual interest rate, n is the number of compounding periods per year, and t is the tenure in years.
What compounding frequency should I choose?
Most Indian bank FDs compound quarterly by default. Check your bank's FD terms — some post office and small finance bank deposits compound monthly, half-yearly, or annually instead.
Does this account for TDS on FD interest?
No, this shows the gross interest before tax. Banks deduct TDS on FD interest above a threshold each financial year, which would reduce the amount you actually receive.
Is my deposit data sent to a server?
No. The calculation runs entirely in your browser — nothing is transmitted or logged.