FD Calculator

Fixed Deposits (FDs) are one of the safest investment options in India, offering guaranteed returns. Our FD calculator helps you estimate your maturity amount based on principal, tenure, interest rate, and compounding frequency.

Compounding Frequencies: Annual, Half-Yearly, Quarterly, Monthly. More frequent compounding yields higher returns.

Senior Citizen Benefit: Most banks offer 0.5% higher interest rates for senior citizens (60+ years).

Tax Implications: Interest earned on FDs is taxable under 'Income from Other Sources'. TDS is deducted at 10% if interest exceeds ₹40,000 (₹50,000 for senior citizens).

Our calculator shows total interest earned, maturity amount, and effective yield percentage.