Plan your investments wisely using our Fixed Deposit Calculator. Whether you're looking for the best FD interest rates in India or want to estimate the maturity amount for your deposits, our tool simplifies your financial planning. This Online FD Calculator India helps you calculate both simple and compound interest returns based on your input values.
The maturity value of an FD depends on the principal amount, interest rate, tenure, and compounding frequency. Here’s the formula used for compound interest FD calculations:
Banks and NBFCs in India offer FD interest rates ranging from 5.5% to 8.5%, depending on the tenure and type of deposit. Senior citizens often enjoy an additional 0.5% interest. Use our FD interest calculator to compare returns across different banks and tenure options.
Longer tenures with quarterly compounding often yield better returns. Reinvesting matured amounts can further enhance your wealth.