FD Calculator

Calculation Summary

Principal Amount

₹100,000.00

Total Interest

₹38,041.98

Maturity Amount

₹138,041.98

What is a Fixed Deposit (FD) Calculator?

An FD Calculator helps you calculate the maturity value and interest earned on your Fixed Deposit investment over a specific period at a predetermined interest rate.

How to Use This Calculator

  1. Enter the total amount you want to invest in the FD.
  2. Input the interest rate provided by your bank.
  3. Select the duration of the deposit (in years or months).
  4. Click Calculate to determine your final maturity amount and total interest earned.

Frequently Asked Questions

Is FD interest taxable?

Yes, the interest earned on Fixed Deposits is fully taxable according to your income tax slab, unless it is a specific tax-saving FD.