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FD Calculator

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Do you have an FD? Know the maturity amount

The FD (Fixed Deposit) Calculator is quite popular among those who are looking to invest their hard earned money in safer instruments with decent returns. It is also popularly known as FD Interest Calculator. Such FD Calculators are used by major banks and companies which offer FD’s such as ICICI, HDFC, SBI, etc. InvestmentYogi provides a very simple calculator for knowing the maturity amount of the amount invested for the tenure specified.

Why should you use this calculator?

fdIf you are eager to know how much amount would be realized after a particular period of investment in a bank/company FD, this is the one for you.

How to use this calculator?

The entries to make are:


Fixed Amount Invested (Rs) – The total amount you have invested or planning to invest in the Fixed Deposit. This can be a lumpsum amount such as Rs. 10 lakh or a low amount such as 5-10k. It varies from bank to bank.

Rate of Interest p.a – The rate of interest which is offered by the financial institution or expected rate of interest.

Period (months) – Enter the number of months of investment for the SIP.


For your convenience, here is the number of months in these years:

10 years – 120 months

15 years – 180 months

20 years – 240 months

30 years – 360 months

Interest Compounding – Choose the type of compounding for the interest i.e how frequent you expect the interest to be compounded or the frequency of compounded interest being provided by the bank.

This can be of 4 types:


Monthly – Interest is compounded every month. Hence, this type of compounding yields the highest maturity amount.

Quarterly – Interest is compounded every quarter. Quarter refers to 3months.

Half Yearly – Interest is compounded every 6 months.

Yearly – Interest is compounded yearly once.


Once you have enter these values and click on submit, the result would be stating the maturity amount that would be realized after the tenure specified.


When should you use this Calculator?

This calculator is to be used by those who are looking to invest in a FD (bank/company).

Can it be used in any other situation?

It can also be used in cases where you want to know how much your lumpsum amount would be if it grows at a particular interest rate.


 Frequently asked questions about FD

Some frequently asked questions related to fixed deposits have been answered in the following articles:

Un-Fixed Deposits – This article talks about a unique feature called Flexi deposit, offered by some of the major banks. Different features and benefits are also detailed.

Fixed Deposit Tax – It talks about the taxation of fixed deposits. Different aspects such as safety, tenure, interest rates are also discussed.

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