Welcome To FD Calculator. Calculate The Returns On Your Fixed Deposit Investment With This Fixed Deposit Calculator Online.
Invested Amount: ₹
Maturity Amount: ₹
Total Interest Earned: ₹
Period | Invested Amount | Maturity Amount | Interest Earned |
---|
Steps To Use This Calculator
- Enter The Amount, You Want To Invest Or Invested In Deposit Amount Box.
- Enter Deposit Time In Years.
- Enter Interest Rate. Check The Latest Rates Below, Or Go To The Official Bank Website To Check Latest FD Rates.
- Enter Fixed Deposit Compounding Frequency In Compounding Period Box. Most Common Compounding Period Is Quarterly.
- Click On Calculate Button To See Results.
Formula To Calculate FD Returns
M = P * (1 + r/n)^(n*t)
- M: Maturity amount
- P: Deposit amount
- r: Interest rate
- n: Number of compounding periods per year
- t: Time (in years)
Calculation-
- Deposit amount: ₹ 10,000
- Time (years): 5
- Interest rate (%): 8
- Compounding period: Yearly
Maturity Amount = 10,000 * (1 + 0.08/1)^(1*5) = ₹ 14,693.28
Interest = 14,693.28 – 10,000 = ₹ 4,693.28