Fixed Deposit Calculator

Accurately forecast your investment returns.

Currency

Principal Amount

Interest Rate (Annual %)

Tenure (Years)

Compounding Frequency

Year	Opening Balance	Interest Earned	Closing Balance

> A = P(1 + r/n)^(nt)
> A: Maturity Amount, P: Principal, r: Annual Rate, n: Compounding Frequency, t: Time in Years

Examples

$10k @ 5% for 5 years (Monthly)

Maturity: $12,833.59

₹1,00,000 @ 7% for 3 yrs (Quarterly)

Maturity: ₹1,23,143.93

£5,000 @ 4% for 10 yrs (Annually)

Maturity: £7,401.22

What is compounding frequency?

How often interest is calculated and added to the principal. More frequent compounding yields higher returns.

Is FD interest taxable?

Generally, yes. It depends on your local tax laws.

Can I withdraw FD before maturity?

Most banks allow premature withdrawal, usually with a penalty on the interest rate.

What is Effective Annual Yield?

The actual return rate on your investment considering the effect of compounding over a year.