FD Calculator
Calculate FD maturity amount and interest for any bank rate — cumulative or payout, days/months/years, regular or senior rate, with year-wise growth.
Updated 27 September 2026 · 25 banks trackedAbout the FD calculator
Enter the deposit, rate and tenure to see the maturity value. The calculator follows how Indian banks compute interest: quarterly compounding for cumulative deposits of 6 months or more, and simple interest for shorter deposits.
FD Calculator
Maturity of ₹1 lakh at different rates
| Rate | 1 year | 2 years | 3 years | 5 years | 10 years |
|---|---|---|---|---|---|
| 6.00% | ₹1,06,136 | ₹1,12,649 | ₹1,19,562 | ₹1,34,686 | ₹1,81,402 |
| 6.50% | ₹1,06,660 | ₹1,13,764 | ₹1,21,341 | ₹1,38,042 | ₹1,90,556 |
| 7.00% | ₹1,07,186 | ₹1,14,888 | ₹1,23,144 | ₹1,41,478 | ₹2,00,160 |
| 7.50% | ₹1,07,714 | ₹1,16,022 | ₹1,24,972 | ₹1,44,995 | ₹2,10,235 |
| 8.00% | ₹1,08,243 | ₹1,17,166 | ₹1,26,824 | ₹1,48,595 | ₹2,20,804 |
Effective annual yield of quarterly compounding
| Nominal rate | Effective annual yield | Years to double (rule of 72) |
|---|---|---|
| 6.00% | 6.14% | 12.0 yrs |
| 6.50% | 6.66% | 11.1 yrs |
| 7.00% | 7.19% | 10.3 yrs |
| 7.50% | 7.71% | 9.6 yrs |
| 8.00% | 8.24% | 9.0 yrs |
How the calculation works
Cumulative FD: A = P × (1 + r/400)^(4t) for full quarters, with simple interest for leftover days. Below 6 months: A = P × (1 + r × days / 36,500). Payout FD: quarterly interest = P × r/400; monthly payout is discounted: Q ÷ (3 + 3i + i²), i = r/1200.
Frequently asked questions
Is the calculator result exact?
It uses the standard bank method. Actual values can differ by a few rupees because of day-count conventions and leap years.
Does it include tax?
No. Use the post-tax return calculator to see the amount after tax and TDS.
Information is for education and comparison. Rates and rules change — confirm with your bank and a tax adviser before investing. FinancePortal is not a financial or tax adviser.