Calculate fixed deposit maturity
Estimate the maturity value of a fixed deposit at your bank's compounding frequency.
Your bank's quoted FD interest rate.
Most Indian bank FDs compound quarterly.
The final amount, and the interest earned.
Frequently asked
Why quarterly compounding by default?
Most Indian bank fixed deposits compound quarterly. Interest is calculated and added to the principal every three months. Some banks and schemes use other frequencies, so check your FD's actual terms.
Does this account for tax on FD interest?
No. FD interest is taxable as income, and banks deduct TDS above a threshold. This shows the gross maturity value before any tax.
What's the difference between cumulative and non-cumulative FDs?
A cumulative FD reinvests interest until maturity, which is what this calculator models. A non-cumulative FD pays interest out periodically instead of compounding it, which changes the maturity math.
Does the interest rate change over the FD's tenure?
This calculator assumes a fixed rate for the full tenure, matching how most standard FDs work; rates don't change mid-term once booked.
Can I use this for a senior citizen FD rate?
Yes, just enter whatever rate your bank quotes, including any senior citizen premium.
Is premature withdrawal accounted for?
No, this shows the maturity value if held for the full tenure. Early withdrawal typically incurs a penalty rate, which isn't modeled here.