FD Calculator: Calculate Fixed Deposit Interest and Maturity Online

Personal Finance

What is a Fixed Deposit?

A fixed deposit (FD) is a type of deposit in a bank or non-banking financial company (NBFC) that offers attractive interest rates for a set amount of time. It lets investors put their extra money away for a short or long time and earn interest on it. You can open an FD account with any amount, but the interest you get is only based on the amount you put in. The interest rate on an FD also changes depending on how long you keep it and how much you put in.

For instance, longer-tenure FDs usually offer higher interest rates than short-term ones. With various online FD calculators, you can easily calculate your FD investment’s interest and maturity amount. You need to input the deposit amount, choose the tenure, and select the preferred interest rate type. The calculator will do the rest and give you estimated earnings from your FD account.

You can keep your money in a savings account for as little as seven days or as long as ten years. But, of course, the longer you keep your money in the bank, the more you will earn in interest. You can use online FD calculators to determine how much your FD makes and when it will be paid off. Keep an eye out for tools on the websites of well-known financial institutions.

FD Interest Rates

Regarding FD interest rates, there are a few things to keep in mind:

  1. FD interest rates can vary depending on the financial institution.
  2. The term of the FD can also affect the interest rate.
  3. The amount of money deposited into the FD will also impact the interest rate.

In general, FD rates tend to be higher for shorter terms than for longer ones. This is because short-term deposits come with more risk. The interest rate on an FD is also based on how much money is put into it. The higher the interest rate, the more money is put into a savings account. This is because banks want to get people to save more of their money.

FD Maturity

When a fixed deposit (FD) matures, the money you have deposited becomes available. The maturity date is the date on which the deposit period comes to an end, and you can withdraw your money. Generally, FDs have a tenure of between 7 days and 10 years, after which they mature.

While some people withdraw their money when their FD matures, others prefer to reinvest it in another FD. This is because FDs offer reasonable interest rates and are a safe investment option. In addition, when you reinvest your money in an FD, you can continue earning interest on it while saving for your future goals.

How Does the FD Calculator Work?

FD Calculator is a simple online tool that can help you calculate the interest and maturity amount for your fixed deposit. All you need to do is enter the deposit amount, tenure, and interest rate. The calculator will then compute the maturity amount for you.

It is important to remember that the FD Calculator is only a tool to give you an estimate of your maturity amount. The actual interest and maturity amount may differ slightly from the calculation due to other factors such as compound interest, taxes, etc.

What Are the Benefits of Using an FD Calculator?

The interest rate is one of the most important considerations when investing in a fixed deposit.

One of the most important considerations when investing in a fixed deposit is the interest rate. Unfortunately, with so many banks and financial institutions offering different rates, it can take time to calculate how much interest you will earn on your investment.

This is where an FD calculator can be handy. By inputting the amount you wish to deposit, the tenure of your investment, and the interest rate offered by the bank, you can easily calculate the total interest earned as well as the maturity value of your FD.

An FD calculator also allows you to compare interest rates and find the best deal for your needs. This can help you save significant money in the long run.

How to Use an FD Calculator?

Fixed deposits (FDs) are one of the most popular ways for Indian investors to save money. The interest rate on FDs is higher than the interest rate on a savings account, and the returns are guaranteed. Before investing in an FD, you must use an FD calculator to figure out the interest and amount due at maturity.

Here’s a step-by-step guide on how to use an FD calculator:

Step 1: Enter the deposit amount. The first step is to enter the deposit amount in the FD calculator. This is the amount you want to invest in an FD.

Step 2: Enter the FD tenure: The next step is to enter the tenure, or duration, of your FD investment. This is when you want to keep your money invested in an FD. The usual tenure options range from 7 days to 10 years.

Step 3: Enter the FD interest rate. In this field, you have to enter the interest rate offered by the bank on fixed deposits. You can find this information on the bank’s website or from a customer care executive.

Step 4: Calculate maturity value: Once you have entered all the required information, you can click on the ‘Calculate’ button to know the maturity value of your investment.

How to Use the FD Calculator

Assuming you are referring to the Fixed Deposit Calculator on our website, using it is pretty simple. Just enter the amount you would like to deposit, the tenure of the deposit in months, and the interest rate. The FD calculator will then show you the maturity value of your deposit and the interest earned. You can use this information to compare different fixed deposit plans and choose one that best suits your needs.


We hope the article on the FD calculator helped determine your fixed deposit’s interest and maturity.

For more information on fixed deposits, visit