Investment Intelligence

FD Calculator — Calculate Your Exact Maturity Value

Calculate your fixed deposit maturity value and interest earned, with your choice of quarterly, monthly, or annual compounding.

Calculate My FD Returns
Supports quarterly, monthly, and annual compounding options
Shows principal, interest earned, and maturity value separately
Covers taxability and TDS rules on FD interest
Works for any tenure from 3 months to 10 years

How it's calculated

1
Enter your principal amount
Input the amount you plan to deposit as a fixed deposit.
2
Enter the interest rate and tenure
Add the rate your bank offers and how long you plan to hold the FD.
3
Choose your compounding frequency
Select quarterly, monthly, or annual compounding — most Indian bank FDs compound quarterly.
4
See your maturity value
Get your total interest earned and final maturity amount based on compound interest.

Benchmarks we use

₹40,000
TDS-free interest threshold
TDS of 10% applies if interest from one bank exceeds this amount in a financial year (₹50,000 for senior citizens).
Fully taxable
FD interest tax treatment
Unlike PPF, FD interest is fully taxable at your applicable income tax slab rate.

Frequently Asked Questions

Is FD interest taxable?
Yes, FD interest is fully taxable at your income tax slab rate. It is added to your total income under "Income from Other Sources."
What is TDS on FD interest?
Banks deduct 10% TDS if your total interest from that bank exceeds ₹40,000 in a financial year (₹50,000 for senior citizens). You can claim this back if your total tax liability is lower.
Does compounding frequency matter much?
Yes — more frequent compounding (monthly vs annual) results in a slightly higher maturity value for the same nominal interest rate, though the difference is usually small for typical FD tenures.
Can I break my FD before maturity?
Most banks allow premature withdrawal with a penalty, typically 0.5-1% lower interest than the contracted rate. Check your bank's specific terms.

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