FD Calculator (Fixed Deposit)
Calculate bank fixed deposit returns with standard quarterly compounding
₹
₹ 10,000₹ 50,00,000
%
Years
Calculation Result
FD Maturity Payout
₹1,24,055
Loading visualization...
Principal
₹1,00,000
Total Interest
₹24,055
How this calculator works
1
Enter deposit principal.
2
Input bank's fixed deposit rate (e.g., 7.0% or 7.5% for seniors).
3
Select tenure in years or months.
Formula & Mathematics
Fixed Deposit Quarterly Compounding Formula
A = P × (1 + r/400)⁴ᵗ
Indian banks compound fixed deposit interest once every quarter (4 times a year).
Worked Example
₹1,00,000 in FD at 7.25% for 3 Years
Quarterly compounded fixed deposit.
• A = 1,00,000 × (1 + 7.25/400)¹² = ₹1,23,944
• Total interest = ₹23,944
Your maturity sum is ₹1,23,944.
Frequently Asked Questions
Yes, interest earned on fixed deposits is added to your total income and taxed according to your income tax slab. Banks also deduct TDS if annual interest exceeds thresholds.
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