FD calculator

Default result

₹5.00 L in an FD at 7% for 5 years matures at about ₹7.07 L. Remember FD interest is taxed at your slab rate.

Rate used here: the bank rate you type (illustration, confirm the current card rate).

FD vs SIP (illustration): this FD matures at about ₹7.07 L. A mutual fund SIP deploying the same principal as monthly instalments over 5 years at an assumed 12% could grow to about ₹6.76 L — higher potential, market risk, and different tax treatment.

Year-wise table

Computed from the same engine as the calculator above, using the default inputs. Figures are illustrations, not guarantees.

How to use this calculator

1. Enter the deposit amount.
2. Set the annual FD rate (note as-of date) and tenure.
3. Read maturity, interest and the FD-versus-SIP comparison.

Formula and worked example

Maturity uses A = P × (1 + r/f)^(f·t) with quarterly compounding (f = 4), the standard for Indian bank FDs.

A = P × (1 + r ÷ 4)^(4t)
  P = deposit   r = annual rate   t = years   (quarterly compounding)

Worked example. ₹5,00,000 · 7% · 5 years → ₹7,07,389. Matches Groww to the rupee.

Examples

Common Indian retail queries. Outputs are generated from lib/finance.js at build time.

Assumptions and limits

• Quarterly compounding — the Indian bank standard for a cumulative FD.
• FD interest is fully taxable at your income-tax slab.
• Rate used here: the bank rate you type (illustration, confirm the current card rate).
• Quarterly compounding cumulative FD convention.
• Interest taxable at your slab; TDS may apply.

Results are illustrations. Actual outcomes depend on markets, interest rates, taxes and charges, none of which are guaranteed.

Fixed deposit calculator

A fixed deposit calculator compounds a lumpsum at the bank rate you enter. ₹5 lakh at 7% for 5 years matures near ₹7.07 lakh, earning about ₹2.07 lakh. Rate used here is whatever you typed—confirm the current card rate for your tenor and senior-citizen status. Remember FD interest is taxable, so post-tax yield may trail the headline number. Write the fd inputs you trust into your annual review note so next year’s rerun of “Fixed deposit calculator” starts from recorded figures.

FD interest calculator

Interest is why people compare FDs across banks. On the defaults, interest is about ₹2.07 lakh on a ₹5 lakh principal over 5 years at 7%. Cumulative FDs reinvest interest; payout FDs send it to your account and usually finish with a lower maturity corpus. This page follows a cumulative quarterly style. Check whether your bank compounds quarterly or at another frequency before reconciling to the rupee. When household opinions differ on risk for fd under “FD interest calculator”, fund the more conservative case first and treat any extra debit as optional top-ups.

FD vs SIP: reading the comparison

The on-page FD vs SIP sentence contrasts a known deposit rate with an assumed mutual fund SIP return. FDs prioritise capital protection and predictability; SIPs prioritise long-horizon growth with market risk. A ₹5 lakh FD at 7% for 5 years finishes near ₹7.07 lakh. A SIP deploying similar money at a higher assumed equity return can finish higher—or lower—if markets disappoint. Match the product to the goal date, not to last year’s chart. If the fd instalment for “FD vs SIP: reading the comparison” looks unaffordable, cut the target or add years before you inflate the assumed return unrealistically.

Frequently asked questions