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Maximize your savings with our Fixed Deposit (FD) calculator. Estimate maturity amounts for cumulative FDs or calculate monthly/quarterly payouts for regular income. Support for all major banks.
Calculate FD returns with flexible options: Cumulative (reinvestment with compounding), Regular Payouts (monthly, quarterly, half-yearly, yearly income), or Short-Term (days-based simple interest). Compare maturity values and periodic payouts instantly.
Total Investment
₹1.00 Lakh
Interest Earned
₹6,660
Maturity Value
After 1.0 Years
₹1.07 Lakh
Visualizing how your principal amount and interest grow over time.
A Fixed Deposit (FD) is the bedrock of conservative financial planning in India. It offers a higher rate of interest than a regular savings account and provides absolute certainty regarding the maturity amount. Whether you are a senior citizen seeking monthly income or a young professional building a safety net, FDs offer unmatched peace of mind.
With an FD, your interest rate is locked in for the entire tenure. Even if market interest rates fall, your bank is contractually obligated to pay you the agreed-upon rate. This makes it an ideal tool for goals where capital preservation is more important than aggressive growth.
Q: What is the difference between Cumulative and Non-cumulative FD?
In a Cumulative FD, interest is reinvested and paid at maturity, benefiting from compounding. In a Non-cumulative FD, interest is paid out periodically (monthly/quarterly) to provide regular income.
Q: Is FD interest taxable?
Yes, interest earned on FD is added to your total income and taxed as per your tax slab. Banks also deduct TDS (typically 10%) if interest exceeds ₹40,000 in a year.
Q: What is a Tax-Saving FD?
It is a special type of FD with a mandatory 5-year lock-in period that offers tax deductions under Section 80C of the Income Tax Act.
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