FD Calculator
Calculate your fixed deposit maturity value — compounded quarterly, exactly like Indian banks.
Deposit Details
₹
₹10K₹1Cr
%
1%10%
110
Results
Maturity Value
₹0
Amount Invested₹0
Interest Earned₹0
Principal
Interest
How it works
Indian banks compound FD interest quarterly: A = P(1 + r/4)^(4n), where P is the deposit, r the annual rate (as a decimal) and n the years. FD interest is fully taxable as per your slab.
How is FD interest calculated in India?
Indian banks compound FD interest quarterly: A = P(1 + r/4)^(4n), where P is the deposit, r the annual rate and n the years.
Is FD interest taxable?
Yes. FD interest is fully taxable as per your income tax slab, and TDS applies if annual interest exceeds the threshold.