FD Calculator
Calculate fixed deposit maturity value, interest earned, and post-tax outcome across monthly, quarterly, half-yearly, or yearly compounding.
Principal placed in the fixed deposit
Annual interest rate (% p.a.)
Deposit duration in months
Approximate tax rate applied to interest
Compounding frequency
FD maturity value
₹6,20,273
Interest earned
₹1,20,273
Post-tax interest
₹84,191
Estimated post-tax value
₹5,84,191
FD interest is usually taxable as income. Inflation can reduce the real purchasing power further.
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Calculator guide
How to use the FD Calculator
Use the FD calculator to estimate maturity value, interest earned, and post-tax return for a fixed deposit in India.
FD calculator formula
Maturity = Principal x (1 + Rate / Compounds)^Periods
- Principal is the fixed deposit amount.
- Rate is the annual FD interest rate.
- Compounds is monthly, quarterly, half-yearly, or yearly.
- Post-tax return depends on your slab rate.
What is a fixed deposit calculator?
A fixed deposit calculator estimates how much a deposit can become after interest compounding. It is useful for comparing banks, tenures, and compounding frequencies.
The PaisaProof version also shows tax drag because FD interest is typically taxable as income.
FD vs SIP
FDs are designed for predictability. SIPs are designed for long-term market participation. The right choice depends on time horizon, risk tolerance, liquidity needs, and tax position.
Frequently asked questions
Is FD interest taxable?+
FD interest is generally taxable according to your income tax slab. TDS rules may also apply.
Which compounding frequency should I choose?+
Many bank FDs compound quarterly, but you should match the setting to the specific FD product you are comparing.
Does this calculator include inflation?+
It shows post-tax value and a purchasing-power note, but inflation is an assumption and not deducted from the maturity number by default.