Works for any country
Select the currency used by the bank or customer. The math is not limited to India.
FD Interest Calculator
Calculate fixed deposit maturity value and total interest using deposit amount, annual interest rate, tenure, compounding frequency, and optional tax. Save the result as PDF or Excel for bank and office records.
FD result
Principal-
Gross interest-
Tax on interest-
Net maturity amount-
Gross maturity amount-
Effective annual yield0%
Projection
Year-by-year fixed deposit growth
Use the projection to explain how the deposit grows each year under the selected compounding frequency.
| Year | Opening balance | Interest earned | Tax estimate | Closing balance |
|---|
Formula
How FD interest is calculated
Compound interest uses principal x (1 + annual rate / compounding frequency) ^ periods. Simple interest uses principal x annual rate x years.
PDF and Excel reports
Download the result for bank desk use, employee planning, or customer sharing.
Tax estimate
Enter a tax percentage to estimate net maturity. Local tax rules can vary, so final bank statements may differ.
FAQ
FD calculator FAQ
What is an FD calculator?
An FD calculator estimates fixed deposit maturity amount, gross interest, tax on interest, and net maturity value.
Which compounding should I select?
Choose the compounding frequency used by the bank. Many banks use quarterly compounding, but monthly, yearly, daily, and simple interest products also exist.
Can I download the FD result?
Yes. Use Download / Save PDF for a printable report, or Download Excel for an Excel-compatible report.
Related calculators
Fixed Deposit Interest Report
| Metric | Value |
|---|
| Year | Opening balance | Interest earned | Tax estimate | Closing balance |
|---|
This report is an estimate only. Final bank maturity value can differ because of product terms, fees, tax rules, day-count convention, and rounding.