Calculate your FD maturity amount and interest earned — supports USD, GBP, EUR, INR, AUD and more, with optional inflation and tax adjustments
Enter Deposit Details
Fill in your deposit amount, interest rate, tenure, and compounding frequency to see the maturity value.
An FD calculator projects exactly what a Fixed Deposit (FD) — a lump sum locked with a bank for a fixed tenure at a guaranteed interest rate — will be worth when it matures. Built around India's FD conventions and RBI-aligned norms, this FD maturity calculator, FD interest calculator, and FD account calculator in one also supports 10 currencies (USD, GBP, EUR, INR, AUD, CAD, SGD, AED, JPY, BRL), so it works equally well as a term deposit calculator, CD calculator, or GIC calculator wherever your money is parked.
Enter your deposit amount, the annual rate your bank quotes, the tenure, and how often interest compounds, and the calculator applies the same compound-interest math your bank uses internally: A = P × (1 + r/n)^(n×t). It then goes a step further than most bank FD receipts by showing your effective annual yield (always slightly higher than the nominal rate once compounding is accounted for), and — if you switch on the optional toggles — your post-tax interest after your marginal tax rate, and your inflation-adjusted real return in today's purchasing power.
This tool suits salaried savers parking a bonus or lump sum, retirees comparing FD income against Post Office schemes like SCSS, NRIs comparing NRE/NRO FD options, and anyone who wants to know — before walking into a branch — exactly how much a 1-year, 3-year, or 5-year FD will actually pay out once compounding, tax, and inflation are accounted for.
An FD is one of the few investments where the return is locked in and known in advance, which makes it a natural anchor for short-to-medium-term goals, an emergency fund, or the conservative portion of a portfolio. But the headline rate a bank advertises isn't the whole story — quarterly compounding versus monthly compounding changes your effective yield, TDS and your income-tax slab change what you actually keep, and inflation quietly erodes the real value of a "safe" return. Running the numbers before you commit money for years at a time is one of the simplest, highest-value checks in personal finance.
The standard compound-interest formula banks use to grow your lump-sum deposit
From currency to maturity value in under a minute
Select the currency your FD is (or will be) held in from the 10 supported options. This resets the typical-rate hint and default deposit range to match that market — around 6.5–7.5% for INR, 4.5–5.3% for USD.
Input the lump sum you plan to deposit. This is the single number the whole projection scales from, so double-check it before moving on.
Use the exact rate your bank quoted — the calculator treats your entry as the nominal annual rate before compounding, not the effective yield.
Enter the tenure in years and months, then pick annual, semi-annual, quarterly, or monthly compounding to match your FD's actual terms — quarterly is most common for Indian bank FDs.
Tick the tax toggle and enter your marginal slab rate for a post-tax figure, tick the inflation toggle for a real-return figure, then click Calculate Maturity to see your maturity amount, interest earned, and effective annual yield.
A realistic INR fixed deposit calculation, step by step
Suppose you deposit ₹1,00,000 in a bank FD at 7% annual interest, compounded quarterly, for a 3-year tenure — this calculator's own INR defaults.
Explanation: The effective annual yield (7.19%) runs above the quoted 7% nominal rate purely because of quarterly compounding — the more frequent the compounding, the wider this gap grows. After a realistic 30% tax slab, the ₹23,144 in interest shrinks to about ₹16,201 actually kept, and after 5% inflation over the 3-year tenure, the real (purchasing-power) gain is only about ₹6,379 — a useful reminder that an FD's "safe" nominal return and its real, after-tax return can look quite different.
What your effective annual yield actually tells you
Once you have your effective annual yield, it helps to see where it sits relative to inflation. A yield that barely beats — or loses to — inflation means the FD is preserving capital more than growing it in real terms.
| Effective Yield vs. Inflation | General Read | Typical Context |
|---|---|---|
| 2%+ above inflation | Solid real return | Higher-rate environments or small finance bank FDs |
| Roughly in line with inflation | Capital preservation, minimal real growth | Typical large-bank FD at moderate inflation (India ~5%) |
| Below inflation | Real value is shrinking | Low-rate currencies (e.g. JPY, EUR) or high-inflation periods |
For conservative savers: an FD's main job is safety and predictability, not beating inflation by a wide margin — if your effective yield roughly matches or modestly exceeds inflation after tax, it's doing its job as a capital-preservation tool within a broader portfolio.
For growth-focused investors: a real return near zero or negative after tax and inflation is a signal that FDs alone won't meaningfully grow wealth — consider whether some of that allocation belongs in a market-linked instrument like a SIP instead, if your risk tolerance and time horizon allow it.
Risk considerations: this calculator assumes the quoted rate holds for the full tenure, with no premature withdrawal and no missed compounding periods. It doesn't model TDS deduction mechanics precisely, deposit-insurance limits, or bank-specific penalty terms. Use the result as a planning estimate, not a final maturity figure.
This tool provides general financial estimates for educational purposes only and does not constitute personalized financial or tax advice. FD rates, tax rules, and deposit insurance limits vary by bank, tenure, and country — confirm final figures with your bank or a licensed financial advisor before investing.
Where this FD calculator earns its keep
Project the maturity value of a 6–12 month FD used to hold an emergency cushion.
Plan a 1–3 year FD toward a specific goal like a wedding, vacation, or down payment.
Compare a senior-citizen FD rate against Post Office SCSS for retirement income.
Check whether the Section 80C deduction on a tax-saving FD offsets its mandatory lock-in.
Compare NRE and NRO FD maturity values for NRIs deciding where to park foreign or domestic income.
Model several FDs with staggered tenures to balance liquidity with locked-in rates.
Check whether a lump-sum FD or a monthly RD better fits money you're building up over time.
Compare an FD's maturity value against NSC or SCSS before choosing where to invest.
Quickly see how a 0.5–1% rate difference between banks changes your maturity value.
Size the conservative, guaranteed-return portion of a broader investment portfolio.
Estimate the maturity value of an FD you're considering pledging as collateral for an overdraft or loan.
Compare FD-equivalent products across 10 currencies for relocation or international savings planning.
What this FD calculator does well, and where it can't replace professional advice
How an FD stacks up against RD, CD, and Post Office schemes
| Feature | FD (Fixed Deposit) | RD (Recurring Deposit) | CD (Certificate of Deposit) | Post Office (NSC/SCSS) |
|---|---|---|---|---|
| Deposit style | One lump sum upfront | Fixed installments (weekly/monthly) | One lump sum upfront | One lump sum upfront |
| Typical minimum | ₹1,000–5,000 | ₹100–500/month | $500–$1,000 | ₹1,000 |
| Typical tenure | 7 days – 10 years | 6 months – 10 years | 3 months – 5 years | 5 years (NSC), 5+3 (SCSS) |
| Backed by | Bank (DICGC insured up to ₹5L) | Bank (DICGC insured up to ₹5L) | Bank (FDIC insured up to $250K) | Government of India (sovereign) |
| Best for | A lump sum you already have | Building up savings without a lump sum | US-based savers wanting a locked rate | Tax-saving or senior-citizen income |
Common questions about FD (Fixed Deposit) accounts
Official guidance to complement this calculator — not a substitute for licensed financial advice
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