Fixed Deposit (FD) Calculator

Note on interest rates: Fixed Deposit interest rates shown are indicative and based on publicly available information. Actual rates may vary depending on tenure, compounding frequency, and bank policies. You can manually adjust the interest rate using the slider or input field.

Deposit Amount (₹)

BankUse custom bank

Senior Citizen

Tenure

months days daterange

Interest Rate (%)

You invest ₹1,00,000 for 24 months in SBI

Interest Earned: ₹13,764

Maturity Amount: ₹1,13,764

About Fixed Deposits

A Fixed Deposit (FD) is a lump-sum investment option offered by banks where money is deposited for a fixed tenure and earns interest at a predetermined rate.

Interest on fixed deposits is usually compounded quarterly or annually, depending on the bank and payout option selected. The maturity amount depends on the deposit amount, tenure, interest rate, and compounding frequency.

This FD calculator provides indicative results for planning purposes. Actual maturity values may differ based on bank-specific rules, premature withdrawal conditions, and interest rate changes.