FD Calculator
Calculate maturity value of your Fixed Deposit
₹
₹5k₹1Cr
%
1%15%
Yrs
1 Yr25 Yrs
Invested Amount
₹0
Total Interest
₹0
Maturity Value
₹0
FD Maturity Projection
What is a Fixed Deposit (FD)?
A Fixed Deposit (FD) is a financial instrument provided by banks or NBFCs which provides investors a higher rate of interest than a regular savings account, until the given maturity date. It may or may not require the creation of a separate account.
How FD Interest is Calculated?
Most banks in India calculate interest on a quarterly compounding basis. The formula used is:
A = P(1 + r/n)^(nt)
- A: Maturity Value
- P: Principal Amount
- r: Annual Interest Rate (decimal)
- n: Number of times interest is compounded per year
- t: Number of years
FD Breakdown
Maturity Value
₹0
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