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FD Calculator
Calculate fixed deposit maturity amount and interest.
About this calculator
A fixed deposit gives a fixed interest rate for a fixed period. A = P × (1 + r ÷ (100 × k))k × t, where k is how many times interest compounds in a year. Most banks use quarterly compounding. Example: ₹5 lakh at 7% for 5 years gives about ₹7.07 lakh.
Results are estimates for information only. Please confirm important decisions with a qualified professional.
Frequently asked questions
Is FD interest taxable?
Yes. FD interest is added to your income and taxed as per your slab. Banks may deduct TDS above a limit.
Which compounding should I choose?
Choose what your bank uses. Quarterly is the most common.