FD Calculator

What is an FD Calculator?

An FD Calculator helps you estimate the maturity amount and interest earned on your Fixed Deposit. Banks and NBFCs offer FD schemes with different interest rates and tenure. This tool shows how much your investment will grow.

Formula Used

Maturity Amount = P × (1 + r/n)^n×t

• P = Deposit Amount
• r = Annual interest rate
• n = Number of compounding periods per year (Quarterly = 4)
• t = Time in years

Benefits of Using an FD Calculator

• Instant FD maturity value
• Helps compare bank FD rates
• Useful for senior citizen FD planning
• Shows interest earned and total returns