Fixed Deposit Calculator

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FD Calculator

Fixed Deposit Calculator

Time Deposit Calculator
Principal
Interest Rate
Interest Compounding
Period (months)
Maturity Value

How to use this Fixed Deposit calculator?

  • Enter your fixed deposit amount
  • Enter the applicable ROI as per your bank or post office
  • Select Interest compounding from the drop-down box. By default, it displays “Quarterly”
  • Enter investing period in months
  • Now press “Submit” button then the calculator will display the maturity amount. The maturity amount includes your accumulated interest.

What is Fixed Deposit?

A Fixed Deposit (FD) is a common type of investment plan in which you can invest a sum of amount for a specific period of time. The fixed deposit typically offers a higher rate of interest than the normal savings account. At the time maturity, your investment will be return back to you along with the accumulated interest.

What are the minimum and maximum period of Fixed Deposit (FD)?

The amount you deposit in a Fixed Deposit is locked for a predetermined period between 7 days and 10 years. That is, the minimum period of Fixed Deposit is 7 days and maximum period is 10 years. If you want to invest for your minor (age<18 years) son/daughter, you can invest in fixed deposit for a maximum period of 20 years.

What is the Rate of Interest of Fixed Deposit (FD)?

Rate of Interest of Fixed Deposit is fixed for the whole investing period. That is, ROI will not be changed in the middle of FD. You will get guaranteed amount at the time of maturity as per the agreed ROI without fearing about the market fluctuations.

How to calculate FD Interest?

What is the Minimum & Maximum investment amount in FD?

The minimum investment amount in Fixed Deposit is Rs. 5000/- as a lump sum investment for a specific period of time and there is no limit for maximum investment.

Whether TDS is applicable for Fixed Deposit?

Yes, similar to other investment instruments, Fixed Deposit schemes also attract taxes. A TDS of 10% is deducted on the interest accrued from a Fixed Deposit, if the total interest exceeds Rs. 10,000 in a single financial year.

Invest in Fixed Deposit and earn higher returns than savings account.

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