FD Maturity Calculator
Calculate FD maturity value with different compounding options and bank rate comparisons.
FD Details
Maturity Amount
₹1,07,291
Interest Earned
₹7,291
Eff. Annual Yield
7.29%
Bank Rate Comparison
Quarterly compounding • 12 months • Principal ₹1,00,000
₹1,07,186
7% p.a.
₹1,07,291
7.1% p.a.
₹1,07,291
7.1% p.a.
₹1,07,291
7.1% p.a.
₹1,08,137
7.9% p.a.
* Rates are indicative for general FDs. Senior citizen rates are typically 0.25-0.50% higher. Check bank websites for current rates.
How to Use FD Maturity Calculator
- 1
Enter your FD principal amount (the amount you plan to deposit).
- 2
Enter the annual interest rate offered by your bank.
- 3
Set the FD tenure in months or years using the toggle.
- 4
Select the compounding frequency: monthly, quarterly, half-yearly, or yearly.
- 5
View the maturity amount, total interest earned, and effective annual yield.
- 6
Scroll down to compare your returns with typical FD rates from leading banks.
About FD Maturity Calculator
Planning a Fixed Deposit? The FD Maturity Calculator shows you exactly how much your money will grow with any compounding frequency — monthly, quarterly, half-yearly, or yearly — and compares returns across India's top banks.
What You Get
- Maturity amount — the total you receive when the FD matures
- Interest earned — the profit above your principal
- Effective Annual Yield — the true annual return after compounding (EAY)
- Bank comparison — side-by-side returns from SBI (7.0%), HDFC Bank (7.1%), ICICI Bank (7.1%), Axis Bank (7.1%), and Bajaj Finance (7.9%)
Compounding Matters
The same 7% interest rate yields different returns depending on how often it compounds. Monthly compounding gives the highest effective return (7.23% EAY), followed by quarterly (7.19%), half-yearly (7.12%), and yearly (7.0%). Use the compounding toggle to compare and pick the best option for your deposit.
FD interest is taxable at your income slab rate. TDS at 10% applies when interest exceeds ₹40,000/year (₹50,000 for senior citizens). Submit Form 15G/15H if your income is below taxable limits.