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    FD Calculator

    Calculate maturity amount and total interest on any fixed deposit.

    Enter FD Details

    1,00,000
    Principal
    41,478
    Interest
    1,41,478
    Maturity

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    Use the SIP calculator for mutual funds or the PPF calculator for long-term tax-free returns.

    Frequently Asked Questions

    What is the FD maturity formula?

    Maturity = P × (1 + r/n)^(n×t), where P is principal, r is annual rate, n is compounding frequency per year and t is tenure in years.

    Is FD interest taxable?

    Yes. FD interest is fully taxable as 'Income from Other Sources' under the Income Tax Act, India. Banks deduct TDS if interest exceeds prescribed thresholds.

    Is quarterly or yearly compounding better?

    Quarterly compounding gives a slightly higher maturity than yearly compounding at the same nominal rate.

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