FD Calculator

How to read this fd calculator

The interest shown is gross modeled interest. Match the compounding choice to the deposit product. A payout deposit, premature withdrawal or tax deduction can produce a different amount from this cumulative projection.

Worked example

₹10,000 at 8% nominal interest compounded quarterly for one year becomes ₹10,824.32, before tax.

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Method and assumptions

For c compounds per year and t years, maturity value = principal × (1 + rate/c) raised to c×t, with the rate expressed as a fraction.

The entered nominal annual rate compounds at the selected frequency. A fractional compounding period uses the same exponential convention; actual banks may prorate incomplete quarters differently. The estimate excludes tax, premature-closure penalties and payouts.

Checks and limitations

Example and model checked on 2026-09-12. These are software calculation checks, not a professional review of your finances. Displayed rupees may differ slightly from unrounded totals.

This is a mathematical model; it does not quote a specific financial product.

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