Find the maturity amount and interest on a bank fixed deposit for any tenure in years, months and days, the way Indian banks calculate it: quarterly compounding, with simple interest for short or leftover periods. Choose cumulative, quarterly or monthly interest, and add the senior citizen extra rate.
loading toolHow to use the fd calculator
- Type your numbers in the boxes (pick your currency or units if asked).
- The answer updates as you type: no button to press.
- Copy the result, or share it on WhatsApp with one tap.
Questions
How do banks calculate FD interest?
For cumulative FDs, interest is compounded every quarter. Deposits under 6 months, and days left over after whole quarters, earn simple interest.
Is FD interest taxable?
Yes, as part of your income. Banks deduct 10% TDS if interest crosses ₹50,000 a year (₹1 lakh for seniors) unless you submit Form 15G/15H.
Is my data private?
Yes. Everything happens inside your own browser: nothing you type or choose is uploaded to us or anyone else.
Is it free?
Completely free, with no sign-up, no watermark and no limit on how many times you use it. Light ads keep the site running.
