Calculate Fixed Deposit (FD) returns and maturity value. Plan your savings with accurate FD calculations.
Enter your FD details and click calculate to see results
A Fixed Deposit is a financial instrument provided by banks which provides investors with a higher rate of interest than a regular savings account, until the given maturity date.
FD interest can be calculated using simple interest or compound interest formula, depending on the bank's policy and your choice of interest payout frequency.
TDS (Tax Deducted at Source) is deducted on FD interest if it exceeds ₹40,000 (₹50,000 for senior citizens) in a financial year. The TDS rate is 10% or as per your tax slab.