Useful Hacks

FD Calculator

Calculate fixed deposit maturity value and interest earned.

Calculated locally in your browser. Nothing you enter is uploaded or stored.

Overview

Calculates the maturity value of a Fixed Deposit, compounded quarterly (the common convention for bank FDs).

How to use it

  1. 1Enter the deposit amount, annual interest rate and tenure.
  2. 2View the maturity value and total interest earned.

Formula

FD maturity value

A = P × (1 + r/4)^(4×t)

Assumes quarterly compounding, the standard for most bank fixed deposits.

Tips

  • This calculator provides an estimate for planning purposes only and is not financial advice.
  • Some banks compound FDs monthly or annually instead of quarterly — check your bank's specific terms for exact figures.

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