Fixed Deposit Calculator India
Fixed Deposits (FDs) are the backbone of Indian household savings. Our calculator is designed to provide accurate results that match the standard interest calculation methods used by all Scheduled Commercial Banks in India.
Rs.
%
Maturity Amount
₹53,488
Invested Amount₹50,000
Interest Earned₹3,488
Maturity Value₹53,488
FD calculations assume quarterly compounding. Rates and payout rules vary by bank.
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Maturity Details for Fixed Deposit Calculator India
We use the compound interest formula A = P(1+r/n)^(nt) where n=4 for quarterly compounding, which is standard for FDs in India.
SBI FD Example
Investing ₹50,000 in an SBI FD for 1 year at 6.8% results in a maturity amount of ₹53,487.
Fixed Deposit FAQs
Which bank gives the highest FD rate?
Small Finance Banks in India often offer higher rates (up to 8.5%+) compared to large commercial banks.