Fixed Deposit Calculator
Calculate your FD maturity amount and interest earned
FD Details
About Fixed Deposits
Fixed Deposits (FDs) are investment instruments offered by banks and NBFCs where you can deposit a lump sum amount for a fixed tenure at a predetermined interest rate. They offer guaranteed returns and are considered low-risk investments.
FD Maturity Details
Deposit Amount
₹5,00,000
Interest Earned
₹2,24,364
Maturity Value
₹7,24,364
Effective Yield
7.5%
Yearly Breakdown
| Year | Opening Balance | Interest | Closing Balance |
|---|---|---|---|
| 1 | ₹5,00,000 | ₹38,906 | ₹5,38,906 |
| 2 | ₹5,38,906 | ₹41,920 | ₹5,80,826 |
| 3 | ₹5,80,826 | ₹45,183 | ₹6,26,009 |
| 4 | ₹6,26,009 | ₹48,708 | ₹6,74,717 |
| 5 | ₹6,74,717 | ₹52,512 | ₹7,27,229 |
Benefits of Fixed Deposits
Safe & Secure
FDs are one of the safest investment options with guaranteed returns.
Fixed Returns
Earn a predetermined interest rate regardless of market fluctuations.
Flexible Tenures
Choose tenure from 7 days to 10 years based on your financial goals.