FD Calculator
Calculate fixed deposit maturity value and interest with quarterly, monthly or yearly compounding.
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How to use the FD Calculator
- 1
Enter the deposit amount and annual interest rate.
- 2
Enter the tenure in years, months and days and choose the compounding frequency.
- 3
Read the maturity amount, the interest earned and the effective annual yield.
Frequently asked questions
How do banks compound FD interest?
Most banks compound fixed deposit interest quarterly. Maturity = P × (1 + r/n)^(n × t).
Why is my bank's figure slightly different?
Banks may count days differently, round interest each quarter or deduct tax at source. The difference is usually very small.