Fixed Deposit Return Calculator
Updated 20 August 2026
Calculate FD maturity value with monthly, quarterly, half-yearly, or annual compounding — see exactly how compounding frequency changes your final return.
Open the Live Fixed Deposit Return Calculator →Frequently asked questions
What is a fixed deposit return calculator?
It estimates the maturity value of a fixed deposit based on the principal amount, the interest rate, the tenure, and how frequently the interest is compounded — monthly, quarterly, half-yearly, or annually — since compounding frequency changes the effective return.
How does compounding frequency affect FD returns?
More frequent compounding means interest is calculated and added to the principal more often, so each subsequent interest calculation is on a slightly larger base. A monthly-compounded FD therefore yields marginally more than the same nominal rate compounded annually, though the difference is usually small.
What is the formula used for FD maturity value?
The calculator uses A = P × (1 + r/n)^(n×t), where P is the principal, r is the annual interest rate, n is the number of compounding periods per year, and t is the tenure in years.
Is FD interest taxable in India?
Yes, interest earned on fixed deposits is fully taxable as 'income from other sources' at your applicable income tax slab rate, and banks deduct TDS if the interest exceeds ₹40,000 in a year (₹50,000 for senior citizens).