FD Calculator
Fixed-deposit maturity value — quarterly-compounded, matches bank statements.
About this tool
Indian banks credit FD interest quarterly by default, and the effective yield is a touch higher than the headline rate. This calculator uses quarterly compounding so the number matches the maturity value on your statement.
Frequently asked questions
Is FD interest taxable?
Yes — added to your income and taxed at your slab. Banks deduct TDS at 10% above ₹40,000 per year (₹50,000 for seniors). This calculator shows gross values.