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FD Calculator

Calculate fixed deposit maturity value with quarterly compounding.

ⓘ How this works

An FD (Fixed Deposit) is a bank product where you deposit a lump sum for a fixed period, and the bank pays you a guaranteed interest rate in return — unlike market investments, the return is locked in and doesn't fluctuate. This calculator shows how much your deposit will be worth at maturity (the end of the term), with interest compounding every quarter, which is how most Indian banks calculate FD interest.

Your inputs

Deposit amount
₹
Interest rate
%
Tenure
yrs

Your result

Projected corpus
₹1.4L
+41.5% more than saving without investing
Returns
Invested
Invested₹1L
Returns₹41,478
Roughly 29% of your final corpus comes from growth, not contributions.
FD interest is fully taxable at your slab, and banks deduct TDS above the threshold — the maturity shown is pre-tax. Breaking an FD early typically costs 0.5-1% of the rate. Deposits are insured by DICGC only up to ₹5L per bank.

Risk note · Bank and small-savings rates change: FD/RD rates differ by bank and tenure, and the PPF rate is revised by the government every quarter. Projections hold today's rate constant. FD and RD interest is taxable at your slab (TDS may apply) — those figures are pre-tax; PPF interest is tax-exempt. Early withdrawal from an FD/RD usually carries a penalty; PPF is locked in for 15 years.

Disclaimer · finkit is an educational tool, not financial, tax or legal advice. Every result is a projection from the numbers you entered and the assumptions stated on the page — it is not a forecast, a quote, or an offer. Check decisions with a SEBI-registered adviser, your lender, or a tax professional.

Explore scenarios
3% interest rate₹1.2L
5.33% interest rate₹1.3L
7% interest rate (current)₹1.4L
7.67% interest rate₹1.5L
10% interest rate₹1.6L
MORE SAVE TOOLS

RD Calculator

Calculate recurring deposit maturity value.

PPF Calculator

Calculate PPF maturity value with annual compounding.