CalculatorZoneHow to use the fd calculator
Enter the deposit amount, interest rate and tenure, then choose how often interest compounds.
How the fd calculator works
Maturity amount = P × (1 + r ÷ q)^(q × t), where P is the deposit, r the annual rate, q the compounding periods per year and t the tenure in years. More frequent compounding gives a slightly higher effective yield.
Frequently asked questions
How is FD interest calculated?
Interest compounds at the chosen frequency and is added to the principal at maturity.
Which compounding is best?
Monthly compounding earns slightly more than yearly at the same rate.
Is TDS or tax included?
No. Tax deducted on interest is not included in this estimate.