FD Calculator

Calculate the maturity amount and interest earned on your Fixed Deposit investment.

FD Details
Enter your FD investment details
₹10,000₹50,00,000
1%15%
1 year10 years
Maturity Amount
₹1.41 L
Principal Amount₹1.00 L
Total Interest₹41,478
Maturity Amount₹1.41 L
Investment Breakdown
Principal
Interest

What is a Fixed Deposit (FD)?

A Fixed Deposit is a financial instrument offered by banks and NBFCs where you deposit a lump sum for a fixed tenure at a predetermined interest rate. FDs are one of the safest investment options in India and offer guaranteed returns.

Benefits of Fixed Deposits

  • Guaranteed Returns: Unlike market-linked investments, FD returns are fixed and guaranteed
  • Safe Investment: FDs up to ₹5 lakhs are insured by DICGC
  • Tax Saving: 5-year tax-saver FDs qualify for Section 80C deduction
  • Flexible Tenure: Choose from 7 days to 10 years based on your needs
  • Senior Citizen Benefits: Higher interest rates for senior citizens (usually 0.25-0.50% extra)

Note: Interest earned on FDs is taxable as per your income tax slab. TDS is deducted if interest exceeds ₹40,000 in a financial year (₹50,000 for senior citizens).