Introduction:

Use this Fixed Deposit (FD) Calculator to estimate your maturity value quickly. Just enter your deposit amount, interest rate, and tenure to see how much your investment will grow. Ideal for planning FDs, term deposits, or certificates of deposit (CDs) across banks worldwide.

A Fixed Deposit (FD) or Term Deposit is one of the safest ways to earn guaranteed returns on your savings. Our FD Calculator helps you instantly estimate the maturity amount and interest earned for any deposit, using either simple or compound interest.

How it works:

Enter your principal amount, annual interest rate, and deposit tenure. The calculator automatically applies the compounding formula based on your input frequency—monthly, quarterly, or annually—and displays the total maturity value.

Example:
If you invest ₹1,00,000 (or $10,000) at 6% per annum for 3 years, compounded quarterly, your maturity value will be approximately ₹1,19,101 (or $11,616). This shows how small differences in rate or compounding frequency can significantly impact returns.

Why use an FD Calculator:

• Quickly compare returns from different banks or tenures.
• See how reinvesting interest (compounding) boosts your savings.
• Plan deposits for short-term or long-term financial goals.
• Avoid errors in manual interest calculations.

FD Planning Tips:

• Use shorter tenures if you may need funds early.
• For higher returns, choose cumulative deposits with quarterly compounding.
• Always compare rates between banks or credit unions before investing.
• Reinvest interest payouts to maximize long-term wealth.

The calculator adapts to different formats—FD (India), Term Deposit (UK, Australia), or Certificate of Deposit (US, Canada)—so you can use it globally. Whether you’re saving for an emergency fund, education, or retirement, this tool helps you plan smartly and invest confidently.