FD calculator: your fixed deposit maturity amount.
Enter the deposit amount, the bank's interest rate and the tenure to see the maturity amount. Most Indian bank FDs compound interest every quarter.
₹
₹10K₹1Cr
%
3%10%
yrs
1 yr10 yrs
Deposit—
Interest earned—
Maturity amount—
Maturity valueDeposit
For illustration only, at the rates you enter. Actual results will differ.
Get a free planHow it is calculated
Maturity = P × (1 + r ÷ 4)4 × years
with r the yearly rate, compounded quarterly. Interest is taxed every year at your income-tax slab, and TDS may apply, so the amount you keep is lower.
Common questions
Is FD interest taxable?
Yes, at your income-tax slab rate. Banks deduct TDS above a threshold; submit Form 15G/15H if eligible.
Are FDs safe?
Bank deposits are insured by DICGC up to ₹5 lakh per depositor per bank. Beyond that there is some credit risk.
FD or debt mutual fund?
FDs give a fixed rate; debt funds are market-linked and taxed differently. The right choice depends on your horizon and tax slab.
Mutual fund investments are subject to market risks; read all scheme-related documents carefully. Returns shown are illustrations at an assumed rate and are not guaranteed. Plenitude Connect is an AMFI-registered Mutual Fund Distributor (ARN-130934); these tools are for education and are not investment advice.
Let's talk
Start your plan today.
Tell us a little about your goals and an expert will get back to you, usually within 2 hours on business days.
Experts are available Mon–Sat, 10 AM – 7 PM
Book your free wealth consultation
- 100% free
- No obligation
- Reply within 2 hours
Request received!
Thank you for trusting Plenitude Connect. An expert will contact you shortly. Please check your inbox for details.