Moneylect Tool

Lumpsum Calculator

Calculate how much your one-time investment can grow over time.

Lumpsum Investment

Adjust the values below.

Investment Amount500,000
Investment Period15 Years
Expected Return12%

Investment

₹5,00,000

Estimated Returns

₹22,36,783

Future Value

₹27,36,783

Investment Breakdown

Investment Growth

Year-wise Growth

YearValue
15,60,000
26,27,200
37,02,464
47,86,760
58,81,171
69,86,911
711,05,341
812,37,982
913,86,539
1015,52,924
1117,39,275
1219,47,988
1321,81,747
1424,43,556
1527,36,783

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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