Calculate fixed deposit maturity
An FD calculator estimates the maturity amount and interest earned on a fixed deposit. It is useful for comparing tenure, interest rate, payout frequency, and senior citizen rate options.
- Enter deposit amount, annual rate, and tenure.
- Compare cumulative and interest payout options where applicable.
- Remember that compounding frequency affects maturity value.
- Check tax impact because FD interest is generally taxable as per slab.
Note: Bank FD rates can change, so confirm the latest rate before booking.