Estimate FD maturity amount, interest, tax impact and real returns.
Fixed Deposit Calculator
The amount invested in the fixed deposit.Interest rate offered by the bank.How often interest is compounded.Duration of the FD investment.Optional early withdrawal period.Income tax applicable on interest.Used to calculate real returns.
Calculate to view summary.
How Fixed Deposit Interest Is Calculated
Fixed deposits use the compound interest formula:
A = P (1 + r/n)nt
P = Principal
r = Annual interest rate
n = Compounding frequency
t = Tenure in years
Is FD interest taxable? Yes, interest is taxed as per income slab.
Does inflation reduce FD returns? Yes, real returns may be lower.
Can I withdraw early? Yes, usually with a penalty.
