Your Investment

₹

After 3 Years, You will earn

₹ 123143.93

and ₹ 23143.93 as interest

Total Investment

Total Interest

A Fixed Deposit Calculator is a tool designed specifically to find the estimated maturity amount that an investor investing a particular amount can expect when invested at the applicable rate of interest for a chosen tenure.

It uses the amount to be invested, rate of interest, and the tenure for the calculation of maturity. The maturity amount in a Fixed Deposit is the total amount earned along with the accumulated interest on the invested principal at the end of the FD period. FD Calculator also, help you find the amount to be invested to accomplish a financial goal.

A FD Calculator helps find the most accurate results. Now there is no need to worry about the tentative returns or maturity amount. Instead, go for the easy-to-use FD Calculator.

The financial institutions use Simple rate of interest and Compound rate of interest to calculate the maturity on a FD.

FD Calculatoris a useful tool that can help you in many ways. It can help you plan your investment and achieve different financial objectives in your life.

Helps determine the interest amount that can be earned.

Useful in calculating the maturity amount.

No scope of errors.

Free of cost and can be used anytime.

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Popular Calculators

- Fast and easy to use.
- Calculate the interest pay-out periodically.
- Helps do better financial planning

**FD Calculation using Simple Interest **Use the below formula to calculate the maturity amount using an FD Calculator

**Maturity Amount = P (1+r/n) x (n*t)**

P - principal invested in a FD

't' - tenure, the number of years for which the principal is invested

'r' - rate of interest applicable on the chosen FD

'n' - quantity of compounding every year

For instance, if an amount of Rs. 100000 is invested for a period of 5 years at a Simple Rate of interest 5% per annum, the investor at the time of maturity will get -

SI - 100000*5*5/100

= Rs. 25,000

Maturity Amount = Rs. 1,25.000/- (P+I)

MA = P (1+r/n) ^ (n * t)

MA = Maturity Amount

P = Principal

t = number of years

r = rate of interest applicable of a FD

n = number of compounding in a year

BondsIndia's FD Calculator is an easy-to-use tool. You do not need to be technically sound. Even a common user can use our FD Calculator.

An FD calculator is a specially designed tool used to calculate the amount an investor can expect at the time of maturity.

You do not need to have any technical knowledge to use a FD Calculator.

A FD Calculator uses the details including the principal, rate of interest, and tenure of the FD to find the maturity.

Yes, for all our valued clients, the FD Calculator atBondsindia.comis free to use.

Yes, the interest earned on FD is taxable under the Section 80C of the Income Tax Act, 1961.

Banks for a period of 6 months or less generally calculate interest on FD using a simple rate of interest. The interest on FDs for more than 6 months is calculated at a compound rate of interest.

An investor can choose to invest for a minimum tenure of 7 days.

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