FD Calculator
Fixed-deposit maturity with your chosen compounding frequency.
Fixed deposit details
₹
%
yrs
Enter values to see your result.
How FD maturity is calculated
A = P × (1 + r ⁄ n)n × t
where P is your deposit, r the annual interest rate (as a decimal), n the number of compounding periods per year (quarterly = 4) and t the tenure in years. Interest earned is A − P.
Interest on fixed deposits is fully taxable at your slab rate, and banks deduct TDS once interest crosses ₹40,000 a year (₹50,000 for senior citizens). Submit Form 15G/15H if your income is below the taxable limit.
Results are estimates for general guidance based on standard formulas and the inputs you provide. They are not professional or tax advice. For decisions that matter, talk to a Prime professional.