Savings
FD Calculator
Compute the maturity value and interest on your Fixed Deposit — with the compounding frequency of your choice.
FD details
₹1.00 L
Compounding frequency
Maturity value
₹1,41,478
after 5 years
- Principal
- ₹1,00,000
- Interest earned
- ₹41,478
- Compounding
- Quarterly
Formula: A = P × (1 + r/n)^(n×t). Interest earned on FDs above ₹40,000 (₹50,000 for seniors) attracts TDS.
Principal vs interest
- Principal
- Interest
Total: ₹1.41 L
Year-by-year growth
Formula
How the math works
A = P × (1 + r/n)^(n×t)
- A
- Maturity amount
- P
- Principal deposit
- r
- Annual interest rate (decimal)
- n
- Number of times interest is compounded per year
- t
- Tenure in years
Method
How it works
- 1
Enter the deposit amount and the rate offered by your bank.
- 2
Choose tenure in years and the compounding frequency — usually quarterly for Indian banks.
- 3
CalcPe applies the compound-interest formula to give the exact maturity value and interest earned.
Worked example
A quick walkthrough
Inputs
₹1,00,000 FD at 7% p.a. for 5 years, compounded quarterly.
Steps
- n = 4 (quarterly)
- A = 1,00,000 × (1 + 0.07/4)^(4×5)
- A = 1,00,000 × (1.0175)²⁰
Result
Maturity ≈ ₹1,41,478 · interest earned ≈ ₹41,478
Why use it
Why CalcPe’s FD Calculator
- Capital guaranteed by DICGC up to ₹5 lakh per depositor per bank.
- Predictable, taxable income for conservative investors.
- Ideal for parking short-to-medium-term surplus.
- Senior citizens typically get 0.5% extra rate.
FAQ
Frequently asked questions
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