FD Calculator
Calculate Fixed Deposit maturity amount and interest earned
Estimated Maturity Value
₹1,41,478
Total Principal
₹1,00,000
Total Interest
₹41,478
Yield Rate
7.19%
Total Months
60
📊 Year-wise Growth Schedule
| Year | Total Interest | Maturity Value |
|---|---|---|
| Year 1 | +₹7,186 | ₹1,07,186 |
| Year 2 | +₹14,888 | ₹1,14,888 |
| Year 3 | +₹23,144 | ₹1,23,144 |
| Year 4 | +₹31,993 | ₹1,31,993 |
| Year 5 | +₹41,478 | ₹1,41,478 |
🛡️ Fixed Deposit (FD) — A Reliable Wealth Builder
"Fixed Deposits remain one of India's favorite investment choices due to their guaranteed returns and capital protection. Whether you are saving for a child's education or your own retirement, FDs provide the stability your portfolio needs."
⚙️ How it Works
When you open an FD, you lock in your money at a fixed rate for a fixed period. Even if market interest rates fall later, your FD rate stays the same, protecting your income from volatility.
🛡️ DICGC Insurance
Your deposits in scheduled banks are insured by the DICGC (a subsidiary of RBI) up to ₹5 lakh, including both principal and interest. This makes FDs safer than many other private investments.
💰 Comparison Table
🪜 FD Laddering
Split your money into multiple FDs with different maturities. This ensures liquidity while capturing high interest rates for long-term buckets.
🧾 TDS & Taxes
TDS at 10% applies if annual interest > ₹40k (₹50k for seniors). Submit Form 15G/15H if your total income is tax-free to avoid TDS.
Maturity Strategy: Cumulative vs Non-Cumulative
Cumulative
Interest is reinvested. Best for wealth creation over long periods.
Non-Cumulative
Interest is paid out (Monthly/Quarterly). Best for regular income.