Fixed deposit maturity value. The FD Calculator takes deposit amount, interest rate, tenure, compounding and returns maturity value plus total interest, effective annual yield. Results update as you type, and the formula is shown under the result so you can repeat it in your own spreadsheet.
Government-backed schemes publish their interest rates quarterly and market-linked funds do not guarantee returns. Enter the current rate for the scheme and treat market-return assumptions as scenarios rather than promises. Use the worked example below to check the maths against your own figures.
How the FD Calculator works
Bank fixed deposits compound quarterly, so a 7% deposit yields about 7.19% a year. Interest is taxable at your slab rate and banks deduct TDS above the threshold.
Worked example
With the example values (deposit amount of ₹100,000, interest rate of 7%, tenure of 3 years, compounding "Quarterly (most banks)"), the maturity value is ₹123,143.93; total interest ₹23,143.93, effective annual yield 7.19%. Change any figure above and the result updates immediately; use Copy results to paste the summary into a note or email.
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Frequently Asked Questions
How is maturity value calculated?
maturity = principal × (1 + rate ÷ 4)4 × years for quarterly compounding.
Which figures do I need?
Deposit amount, interest rate, tenure, compounding. Take them from the same period and the same set of accounts or reports so the ratio is consistent, and check the example values as a guide to the units expected.
Is the interest rate fixed?
Small-savings rates are reviewed by the government every quarter and bank rates change with policy; market-linked schemes have no fixed rate at all. Enter the current rate for your scheme and revisit the result when rates change.
