FD Calculator
Calculate your Fixed Deposit maturity amount and interest earned with interactive growth charts.
Fixed Deposit Details
Adjust the sliders to instantly calculate maturity.
The one-time lump sum you deposit.
Annual interest rate offered by the bank.
Duration of your Fixed Deposit.
FD Growth Simulator
Visualizing your principal amount versus total interest earned.
Total Maturity Amount
Guaranteed wealth after 5 years
Principal
₹1,00,000
Total Interest
+₹41,478
Investment vs Interest
Yearly Breakdown
| Year | Principal | Interest Earned | Maturity Value |
|---|---|---|---|
| 1 | ₹1,00,000 | +₹7,186 | ₹1,07,186 |
| 2 | ₹1,00,000 | +₹14,888 | ₹1,14,888 |
| 3 | ₹1,00,000 | +₹23,144 | ₹1,23,144 |
| 4 | ₹1,00,000 | +₹31,993 | ₹1,31,993 |
| 5 | ₹1,00,000 | +₹41,478 | ₹1,41,478 |
Want to know how much your Fixed Deposit will grow over time? Our FD calculator helps you calculate your exact maturity amount and total interest earned with beautiful, interactive growth charts.
What is a Fixed Deposit (FD)?
A Fixed Deposit is a highly safe financial instrument offered by banks which provides a higher rate of interest than a regular savings account, until the given maturity date.
Why Use Utilo's FD Calculator?
- ✓Instant, real-time FD return calculations
- ✓Visual Donut Chart for Principal vs Interest Breakdown
- ✓Growth Area Chart to see your wealth accumulate
- ✓Detailed Yearly Breakdown Table
- ✓Fast presets for common investment amounts and interest rates
- ✓Free, private, and works directly in your browser
Key Features
How to Calculate Your FD Returns
- 1Enter your Total Investment Amount (Principal).
- 2Set the Annual Interest Rate offered by your bank.
- 3Choose your Investment Duration in years.
- 4Your Total Interest Earned and Maturity Amount will update instantly.
Formula & Calculation Logic
A = P(1 + r/n)^(n*t) Where: A = Maturity Amount P = Principal amount r = Annual interest rate (in decimal) n = Number of times interest is compounded per year (Usually 4 for quarterly) t = Tenure in years
About This Tool
Fixed Deposits use the power of compound interest to multiply your money safely. In India, most banks compound FD interest on a quarterly basis. This means that every three months, the interest earned gets added to your principal, and the next interest is calculated on this new, higher amount.
Frequently Asked Questions
Is FD interest taxable?
Yes, the interest earned on Fixed Deposits is fully taxable as per your income tax slab. Banks may also deduct TDS if the interest exceeds a certain limit.
Is FD safe?
Yes, Fixed Deposits are considered one of the safest investment options because the returns are guaranteed and not subject to market volatility. In many countries, a portion of bank deposits is also insured.
Can I break my FD before maturity?
Yes, you can typically withdraw your FD prematurely, but banks usually charge a small penalty (e.g., 0.5% - 1%) on the interest rate applicable for the period the deposit was actually held.
How often is FD interest compounded?
Most commercial banks compound FD interest on a quarterly basis. Our calculator uses the quarterly compounding formula by default.