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Find the maturity amount and total interest on a fixed deposit for any principal, rate, tenure and compounding frequency.
Last updated 5 September 2026
Maturity value
₹1,41,478
Interest earned
₹41,478
The lump sum you deposit.
The annual interest rate the bank offers and the deposit term.
Most Indian banks compound quarterly. The maturity value and interest are shown instantly.
M = P × (1 + r ÷ (100 × f)) ^ (f × t)
Quarterly compounding means f = 4 and 20 periods over 5 years, each adding 7 ÷ 4 = 1.75%. ₹1,00,000 × 1.0175^20 ≈ ₹1,41,478.
This calculator assumes a cumulative FD, where interest compounds and is paid out only at maturity along with the principal — the common default when you "book an FD" without specifying otherwise.
A non-cumulative FD instead pays out interest periodically (monthly, quarterly or annually) as income, rather than letting it compound. The maturity value works out lower than a cumulative FD at the same rate, because the paid-out interest no longer earns interest on itself — but it suits someone who wants a regular income stream rather than a lump sum later.
No. Banks deduct TDS if interest exceeds the annual threshold and you have not submitted Form 15G/15H. The calculator shows gross interest; subtract applicable tax yourself.
Use whatever your bank states. Cumulative FDs in India almost always compound quarterly.
Yes. Once booked, the rate is locked for the tenure regardless of later rate changes — that is the point of a fixed deposit.
Breaking an FD early usually attracts a penalty (often 0.5–1% lower rate). This calculator assumes the deposit runs to maturity.
FD interest is added to your total income and taxed at your income-tax slab rate, unlike some investments that get concessional capital-gains treatment.
An FD needs the full amount upfront and earns interest on the whole sum from day one. An RD lets you build up savings monthly instead, but each instalment only earns interest from when it's deposited — use our RD Calculator to compare directly.
Yes, most Indian banks offer an additional 0.25-0.75% over the standard rate for senior citizens — check with your specific bank for their exact senior citizen premium.
Yes, and it can help with liquidity — splitting a large sum into several smaller FDs with staggered maturity dates (a strategy called laddering) means you always have one maturing soon if you need funds, without breaking the others early.
Depending on the instructions given at booking, the bank either credits the maturity amount to your linked account or auto-renews the FD for the same tenure at the then-current rate — check which option your account is set to.
This calculator provides estimates for general information only. Results are mathematical calculations based on the figures you enter and standard formulas. Actual bank, loan, deposit and investment products may differ due to fees, rounding conventions, day-count methods and changing rates and rules. Projected investment returns are not guaranteed and you may get back less than you invest. Nothing here is financial, tax or investment advice — verify the actual terms with the relevant institution or a qualified adviser before making a decision. See our full disclaimer.