FD Calculator – Fixed Deposit Maturity Amount
Calculate the maturity amount and interest earned on your Fixed Deposit (FD) investment. Fixed Deposits are a popular low-risk investment option in India that offer guaranteed returns.
Calculate Your FD Returns
Frequently Asked Questions
How to calculate FD returns?
FD returns are calculated using compound interest formula: Maturity Amount = Principal × (1 + r/n)^(n×t), where r is annual interest rate, n is compounding frequency per year, and t is tenure in years. Most banks in India compound FD interest quarterly, which means interest is calculated and added to the principal four times a year.
FD vs mutual funds – which is better?
FDs offer guaranteed returns and capital protection but typically provide lower returns (6-8%) that may not beat inflation. Mutual funds offer higher potential returns (10-15% historically) but come with market risk. FDs are better for short-term goals and risk-averse investors, while mutual funds are better for long-term wealth creation and beating inflation. A balanced portfolio often includes both.
How often is FD interest compounded?
Most banks in India compound FD interest quarterly (every 3 months), though some may offer monthly, half-yearly, or annual compounding. Quarterly compounding is the most common. The more frequently interest is compounded, the higher your returns will be. Always check with your bank about their specific compounding frequency.