–
Maturity amount
Amount invested–
Interest earned–
How this calculator works
Maturity = P × (1 + r ÷ 400)^(4 × years), where r is the annual rate in percent. Interest on bank FDs is usually taxable, and TDS may apply, so your post-tax return will be lower.
Frequently asked questions
Is FD interest compounded quarterly?
Most banks compound quarterly for cumulative FDs, but check your bank's terms.
Is FD interest taxable?
Yes, it is added to your income and taxed at your slab rate. Banks may deduct TDS above certain limits.