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FD Calculator India
Instantly calculate FD maturity amount, total interest and compare deposit options.
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Total Interest₹0
Post Tax Return₹0
Effective Yield0%
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Maturity Year-
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What is Fixed Deposit (FD)?
Fixed Deposit is a secure investment where money is deposited for a fixed tenure and earns predetermined interest.
How FD Interest is Calculated
For cumulative FD: A = P(1 + r/n)nt
Cumulative vs Non-Cumulative FD
Cumulative FD reinvests interest. Non-cumulative FD pays interest monthly, quarterly or yearly.
Senior Citizen FD Benefits
Many banks offer higher FD interest rates for senior citizens.
Tax on FD Interest in India
FD interest may be taxable based on your slab and prevailing regulations.
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Frequently Asked Questions
What is FD maturity amount?
Principal plus total earned interest received on maturity.
Which bank gives highest FD rate?
Rates vary by bank and time period.
Is FD safe in India?
FDs are generally considered low-risk compared to market investments.
Is FD taxable?
Interest may be taxable.
Can I break FD early?
Yes, subject to bank rules and penalties.
What is cumulative FD?
Interest is reinvested till maturity.
What is senior citizen FD?
FD with extra interest benefits for seniors.
Is FD better than SIP?
Depends on goals, risk tolerance and horizon.
How often is FD interest paid?
Monthly, quarterly, half-yearly or yearly depending on product.
Is this calculator free?
Yes, free on PDFTEQ.