A fixed deposit places money with a bank or other eligible institution for an agreed period. Maturity depends on principal, interest rate, tenure and the compounding or payout method.
How to use this calculator
Enter the requested values, review the assumptions shown by the tool and select Calculate. Try more than one scenario to understand how changes to your inputs affect the estimated result.
What to consider
Banks may quote different rates for tenures and customer categories. Tax on interest, premature withdrawal penalties and payout schedules can affect what you actually receive.
Frequently asked questions
Does compounding frequency matter?
Yes. For the same nominal annual rate, more frequent compounding generally produces a higher maturity value, provided interest is reinvested.
Related calculators
You may also find the PPF Calculator and SIP Calculator useful.
Educational estimates only. Not financial, investment, legal or tax advice. Verify applicable rules and figures before making decisions.