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Fixed Deposit Calculator
Calculate your FD maturity amount and interest earnings
₹
% p.a.
Years
What is a Fixed Deposit?
A Fixed Deposit (FD) is a secure investment option offered by banks where you deposit a lump sum amount for a fixed period at a predetermined interest rate.
Key Features:
- Fixed tenure ranging from 7 days to 10 years
- Interest rates vary based on deposit amount and tenure
- Multiple interest payout options (Monthly, Quarterly, Semi-annually, Annually)
- Senior citizens often get additional interest rate benefits
- Premature withdrawal allowed with penalty
Benefits of Fixed Deposits:
- Guaranteed returns with fixed interest rates
- Safe and secure investment option
- Flexible tenure options
- Can be used as collateral for loans
- Tax benefits available on certain FD schemes (Tax Saver FD)