Finance tool

FD Interest Calculator

Estimate fixed deposit interest and maturity amount before booking an FD.

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How To Use FD Interest Calculator

Quick notes to help you understand the result before you act on it.

Overview

Use this FD interest calculator to estimate interest earned on a fixed deposit.

It also shows maturity amount.

FD Interest Formula

  • Maturity amount = principal x (1 + rate / compounds)^compounds x years.
  • Interest = maturity amount - principal.

Practical Tips

  • Banks may round maturity differently.
  • Tax on interest is not included.

FAQ

Common questions about this tool.

Does it include tax?

No. It estimates pre-tax interest.

What compounding should I use?

Many FDs use quarterly compounding, so 4 is a common value.