FD Calculator
A fixed deposit pays a guaranteed interest rate for a chosen tenure. Indian banks usually compound interest quarterly. Enter your deposit, rate, tenure, and compounding frequency to see the maturity amount.
₹5.00 L
₹
7%
% p.a.
5 yr
years
Maturity value
₹7,07,389
₹7.07 L
Deposited
₹5,00,000
Interest earned
₹2,07,389
Principal · ₹5,00,000Interest · ₹2,07,389
Maturity is pre-tax. FD interest is taxable at your income slab and banks may deduct TDS. Indian banks typically compound quarterly.
Frequently asked questions
How often is FD interest compounded?
Most Indian banks compound FD interest quarterly. Some offer monthly or annual compounding: pick the right option to match your bank's terms.
Is FD interest taxable?
Yes. FD interest is added to your income and taxed at your slab rate. Banks deduct TDS if interest crosses the threshold. This calculator shows pre-tax maturity.