Advanced FD Calculator
Calculate your Fixed Deposit returns with our powerful and accurate calculator
Calculate Your FD Returns
Fill in the details below to calculate your Fixed Deposit maturity amount
Your FD Returns
Maturity Amount
₹1,45,958
You will earn ₹45,958 on your investment
Investment Amount
₹1,00,000
Total Interest
₹45,958
Interest Rate
6.5%
Tenure
5 Years
Accurate Calculations
Our calculator uses advanced algorithms to provide precise maturity amount calculations for your fixed deposits.
Compare Options
Easily compare different FD schemes from various banks to find the best investment option for your needs.
Export Results
Download your calculation results as PDF for future reference or to share with your financial advisor.
Frequently Asked Questions
What is a Fixed Deposit?
A Fixed Deposit (FD) is a financial instrument provided by banks or NBFCs which provides investors with a higher rate of interest than a regular savings account, until the given maturity date. It allows you to deposit money for a fixed period at a predetermined interest rate.
How is FD interest calculated?
FD interest is calculated using the formula: A = P(1 + r/n)^(nt), where A is the maturity amount, P is the principal amount, r is the annual interest rate, n is the number of times interest is compounded per year, and t is the tenure in years.
What is the minimum amount to open an FD?
The minimum amount required to open a fixed deposit varies from bank to bank. Generally, it ranges from ₹1,000 to ₹10,000 for most banks in India. Some banks may even allow you to start an FD with as low as ₹100.
Are fixed deposits taxable?
Yes, the interest earned on fixed deposits is fully taxable as per your income tax slab. Banks also deduct TDS (Tax Deducted at Source) if the interest income exceeds ₹40,000 in a financial year (₹50,000 for senior citizens).
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