FD Calculator
Calculate guaranteed returns and interest accumulated on your Fixed Deposits.
Deposit Parameters
₹10,00,000
₹10k₹1Cr
7%
5 Years
*Most Indian banks compound FD interest Quarterly.
FD Summary
Total Principal Invested
₹10,00,000
Total Interest Earned
₹4,14,778
Total Maturity Value
₹14,14,778
Returns Breakdown
Understand the exact ratio of the wealth generated purely from compound interest.
Wealth Compounding Graph
Watch your principal grow year-over-year as interest is added back to your balance.
Yearly Compounding Details
| Year | Principal Deposit | Interest Gained | End Balance |
|---|---|---|---|
| Year 1 | ₹10,00,000 | +₹71,859 | ₹10,71,859 |
| Year 2 | ₹10,00,000 | +₹77,023 | ₹11,48,882 |
| Year 3 | ₹10,00,000 | +₹82,557 | ₹12,31,439 |
| Year 4 | ₹10,00,000 | +₹88,490 | ₹13,19,929 |
| Year 5 | ₹10,00,000 | +₹94,849 | ₹14,14,778 |
How does a Fixed Deposit (FD) compound?
A Fixed Deposit is a secure investment instrument offered by banks and NBFCs. You deposit a lump sum amount once, and the institution guarantees a fixed interest rate on that amount for the chosen tenure.
Why does Compounding Frequency matter?
- Quarterly Compounding (Bank Standard): Banks typically calculate interest every 3 months and add it to your principal. The next calculation is done on this new, larger amount.
- The Frequency Advantage: The more frequently interest compounds (Monthly > Quarterly > Yearly), the higher your effective yield will be, because your money starts earning interest on top of past interest sooner.
- Taxation: FD interest is fully taxable as per your income slab. Remember to account for TDS (Tax Deducted at Source) deducted by banks on interest exceeding ₹40,000 annually (₹50,000 for senior citizens).