Project fixed deposit maturity using principal, rate, tenure, and compounding frequency.
Project fixed deposit maturity using principal, rate, tenure, and compounding frequency.
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Standard mathematical and financial formulation used for verified calculation.
Calculate recurring deposit maturity amount from monthly deposits and interest rate.
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Estimate future value of a one-time mutual fund or investment amount.
Calculate compound annual growth rate for investments, revenue, or portfolio value.
It is the final amount you receive at the end of the fixed deposit tenure, including principal and compound interest.
Yes. More frequent compounding can slightly increase maturity value for the same rate and tenure.
No. This calculator estimates pre-tax interest and maturity value.
A Fixed Deposit (FD) is a guaranteed-return investment where a lump-sum amount is deposited for a predetermined tenure at an agreed interest rate.
Indian commercial banks standardly compound interest quarterly (four compounding intervals per annum) using the formula: A = P × (1 + r / n)^(n × t). Because interest is reinvested every quarter, the effective annual yield marginally exceeds the nominal contractual rate.
Cumulative FD: Interest reinvests each quarter and is disbursed as an aggregate sum at maturity alongside the principal balance. This delivers maximum compound growth for long-range capital accumulation.
Non-Cumulative FD: Interest is credited out at periodic intervals (monthly, quarterly, or annually), providing a dependable income stream for retirees or income-seeking investors.
FD interest is treated as 'Income from Other Sources' and taxed at the investor's applicable income tax slab rate.
Banks deduct Tax Deducted at Source (TDS) under Section 194A if cumulative annual interest across branches surpasses ₹40,000 for regular depositors or ₹50,000 for senior citizens.