Investments
Loans & EMI
India Schemes
Personal Finance
Fixed Deposit Calculator
Estimate your returns from Fixed Deposits with customizable compounding frequencies.
How it's calculated
A = P (1 + r/n)^(n*t)Where:
- AMaturity Amount
- PPrincipal Amount
- rAnnual Interest Rate (decimal)
- nNumber of times interest is compounded per year
- tNumber of years
Inputs:
Principal = ₹100,000, Rate = 7.5%, Time = 5 Years
Result:
Maturity = ~₹144,995
Investing ₹100,000 for 5 years at 7.5% with quarterly compounding yields roughly ₹44,995 in interest.
Frequently Asked Questions
Understanding Fixed Deposits
A Fixed Deposit (FD) is a secure financial instrument offered by banks that provides a higher rate of interest than a regular savings account, until the given maturity date.
Compounding Frequency: Banks typically compound interest quarterly. This calculator allows you to see the difference between quarterly, half-yearly, and yearly compounding.
Effective Yield: Because interest is compounded (interest on interest), your actual earning rate is slightly higher than the quoted annual rate. This is shown as the "Effective Annual Yield".