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Fixed Deposit Calculator

Calculate your fixed deposit maturity amount and interest earnings with our advanced FD calculator. Plan your investments with accurate projections.

Calculate FD Returns

Enter the amount you want to invest in fixed deposit
Enter the annual interest rate offered by the bank
Enter the duration of your fixed deposit
Select whether the tenure is in days, months, or years
Select how often the interest is compounded

FD Calculation Results

Your FD Returns Will Appear Here

Enter your investment details and click "Calculate Returns" to see your maturity amount and interest earned

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Why Use Our FD Calculator?

Our FD calculator helps you make informed investment decisions by accurately projecting your fixed deposit returns. Whether you're planning for short-term goals or long-term wealth creation, understanding potential returns is crucial for financial planning. Our calculator accounts for different compounding frequencies and tenure units to give you the most accurate results.

How to Use

  • Enter the principal amount you wish to invest
  • Input the annual interest rate offered by your bank
  • Specify the tenure and select the appropriate unit (days, months, or years)
  • Choose the compounding frequency (quarterly, monthly, etc.)
  • Click the Calculate button to see detailed results

Practical Applications

Investment Planning

Compare returns from different banks and tenure options to maximize your fixed deposit earnings.

Financial Goal Setting

Calculate how much you need to invest to reach specific financial goals with fixed returns.

Risk Assessment

Compare FD returns with other investment options to balance your portfolio between risk and safety.

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Frequently Asked Questions

How accurate is this FD calculator?
Our calculator uses the standard compound interest formula to provide accurate projections of your FD maturity amount. The results are as accurate as the information you provide, including the principal amount, interest rate, tenure, and compounding frequency.
What is compounding frequency and how does it affect returns?
Compounding frequency refers to how often the interest is calculated and added to your principal. The more frequent the compounding (monthly vs. quarterly vs. annually), the higher your returns will be due to the effect of compounding interest on interest.
Are the calculated returns before or after tax?
The calculator shows pre-tax returns. Interest earned on fixed deposits is taxable according to your income tax slab. You should account for tax implications when planning your investments.
Can I use this calculator for different currencies?
While the calculator displays currency in ₹ (Indian Rupees), the mathematical calculations work for any currency. Simply input your principal amount in your local currency, and the results will be accurate for that currency.