About This FD Calculator
This FD Calculator is a smart tool to help you estimate the total maturity value and the interest earned from your fixed deposit over a chosen period of time. It supports multiple compounding options and is suitable for users across all countries.
How the FD Calculator Works
The calculator uses the standard compound interest formula to estimate the maturity amount. The formula used is:
A = P(1 + r/n)nt
Where P is the principal, r is the annual interest rate, n is compounding frequency, and t is the time in years.
Why Use Our FD Calculator
Real-Life Applications
- Compare multiple fixed deposit schemes
- Plan your long-term savings or retirement
- Estimate total returns on reinvested savings
- Understand how compounding frequency impacts returns
Steps to Use the Calculator
- Enter the principal amount you wish to invest
- Input the expected annual interest rate
- Choose your investment duration in years
- Select the compounding frequency
- Click on “Calculate” to view the results
Frequently Asked Questions
Is this calculator suitable for global users?
Yes, it’s designed for anyone around the world — simply input your local interest rate and investment details.
Does this tool store any of my data?
No, this tool runs entirely in your browser. No data is stored or sent anywhere.
What’s the most beneficial compounding option?
Generally, monthly compounding yields better results over time compared to yearly or quarterly.
Is there any cost to use this FD Calculator?
No. It’s completely free and doesn’t require registration or installation.