Fixed Deposit (FD) Calculator

The Fixed Deposit (FD) Calculator is a simple and effective tool that helps you calculate the total maturity amount, interest earned, and your total investment for a fixed deposit. It provides an accurate estimate of your returns based on the principal amount, interest rate, tenure, and compounding frequency.

How to Use the FD Calculator

1. Principal Amount: Enter the amount of money you want to deposit in the fixed deposit.
   • Example: ₹1,00,000
2. Annual Interest Rate: Provide the interest rate offered by your bank or financial institution.
   • Example: 7% per annum
3. Tenure (in years): Enter the duration for which you plan to keep the deposit.
   • Example: 3 years
4. Compounding Frequency: Choose how often the interest is compounded.
   • Options: Yearly, Half-Yearly, Quarterly, Monthly
   • Example: Quarterly
5. Click on the “Calculate” button to view your results.

Example Calculation

• Input:
  • Principal Amount: ₹1,00,000
  • Annual Interest Rate: 7%
  • Tenure: 3 years
  • Compounding Frequency: Quarterly
• Output:
  • Total Investment: ₹1,00,000
  • Interest Earned: ₹22,504.89
  • Maturity Amount: ₹1,22,504.89

A chart will display the breakdown, showing how much of the maturity amount comes from the principal and how much from the interest.

Benefits of Using the FD Calculator

• Accurate Projections: Plan your finances and investment goals with precise estimations.
• Compare Returns: Check how different interest rates, tenures, and compounding frequencies affect your FD returns.
• Save Time: Avoid manual calculations and get instant results.

Why Choose Fixed Deposits?

Fixed deposits are one of the safest and most reliable investment options, offering steady returns. They are ideal for individuals looking to grow their savings with minimal risk. Use the FD Calculator to plan your investments better and maximize your financial growth.