FinoMath

FD Calculator

Calculate the maturity value of a Fixed Deposit investment.

%

Maturity value

₹1.41 Lakh

Principal

₹1.00 Lakh

Interest earned

₹41,478

Formula

A = P × (1 + r/n)^(n×t)

Frequently Asked Questions

How often is FD interest compounded?

Most Indian banks compound FD interest quarterly, though some offer monthly, semi-annual, or annual compounding. This calculator lets you choose the frequency.

Is FD interest taxable?

Yes, interest earned on fixed deposits is generally taxable as per your income tax slab. This calculator does not account for tax deductions.