Moneylect Tool

FD Calculator

Calculate your Fixed Deposit maturity amount and total interest earned instantly.

FD Details

Adjust your investment details.

Investment Amount100,000
Investment Period5 Years
Interest Rate7%

Principal

₹1,00,000

Total Interest

₹40,255

Total Maturity

₹1,40,255

Payment Breakdown

FD Growth

Year-wise Growth

YearValue
11,07,000
21,14,490
31,22,504
41,31,080
51,40,255

Why use our FD Calculator?

Estimate your maturity amount instantly, compare investment durations, understand compound interest and plan your savings more effectively.

FD Formula

The maturity amount of a Fixed Deposit is calculated using the compound interest formula:

A = P × (1 + r/n)nt

A = Maturity Amount

P = Principal Investment

r = Annual Interest Rate

n = Number of compoundings per year

t = Time in years

Frequently Asked Questions

A Fixed Deposit (FD) is an investment where you deposit a lump sum with a bank or financial institution for a fixed period and earn a fixed rate of interest.

FD interest is calculated using compound interest. The maturity amount depends on the principal amount, interest rate, tenure and compounding frequency.

Yes. Interest earned from Fixed Deposits is taxable according to your income tax slab.

Yes. Most banks allow premature withdrawal, but they may charge a penalty and offer a lower interest rate.

Learn About Fixed Deposits

Benefits

  • ✔ Guaranteed Returns
  • ✔ Low Risk Investment
  • ✔ Flexible Tenure
  • ✔ Suitable for Conservative Investors

Things to Know

  • ✔ Interest is Taxable
  • ✔ Premature Withdrawal may attract penalty
  • ✔ Higher tenure usually gives better returns
  • ✔ Compare bank interest rates before investing

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