Fixed Deposit (FD) Calculator
Calculate maturity value and interest earned on your bank fixed deposit.
₹
₹5,000₹1,00,00,000
%
3%9%
yr
0.5 yr10 yr
Maturity value
₹7,07,389
Principal
₹5,00,000
Interest earned
₹2,07,389
A fixed deposit of ₹5,00,000 at 7% (compounded quarterly) for 5 years matures to ₹7,07,389.
Year-wise growth
| Year | Principal | Maturity value |
|---|---|---|
| 1 | ₹5,00,000 | ₹5,35,930 |
| 2 | ₹5,00,000 | ₹5,74,441 |
| 3 | ₹5,00,000 | ₹6,15,720 |
| 4 | ₹5,00,000 | ₹6,59,965 |
| 5 | ₹5,00,000 | ₹7,07,389 |
How this calculator works
A Fixed Deposit locks in your money for a chosen tenure at a fixed interest rate, compounded quarterly by most Indian banks: Maturity Value = P × (1 + r/4)^(4t), where P is your deposit, r is the annual rate, and t is the tenure in years.
Worked example: a ₹5,00,000 FD at 7% for 5 years matures to approximately ₹7,07,389 — a guaranteed, risk-free return of about ₹2.07 lakh, though fully taxable as per your income slab.
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