Our advanced FD calculator helps you understand the growth of your Fixed Deposits and plan your investment strategy with guaranteed returns.
Fixed Deposits offer guaranteed returns with capital protection, making them ideal for conservative investors.
Choose from various FD tenures ranging from 7 days to 10 years based on your financial goals.
Interactive charts and graphs show your FD growth over time with detailed breakdowns.
Year-wise breakdown showing opening balance, interest earned, and maturity amount.
Fixed Deposits are time deposits where you invest a lump sum for a fixed period at a predetermined interest rate, providing guaranteed returns.
Deposit your money in a Fixed Deposit account for a specific tenure at a predetermined interest rate.
Your money earns compound interest at the agreed rate, typically compounded quarterly or annually.
At maturity, you receive your principal plus all the accumulated interest as guaranteed returns.
Fixed Deposits offer guaranteed returns, capital protection, and are insured up to ₹5 lakhs by DICGC. They are ideal for conservative investors seeking stable returns without market risks.
FD interest is calculated using compound interest formula. Most banks compound interest quarterly or annually. The longer the tenure and higher the rate, the more interest you earn.
Yes, but premature withdrawal usually attracts penalty charges (typically 0.5-1% reduction in interest rate). Some banks allow partial withdrawal facility for higher denomination FDs.
Yes, FD interest is taxable as per your income tax slab. TDS is deducted if interest exceeds ₹40,000 per year (₹50,000 for senior citizens). Tax-saving FDs under Section 80C have a 5-year lock-in period.
Disclaimer: This Fixed Deposit calculator is for educational and planning purposes only. Actual FD returns may vary based on bank policies, interest rate changes, and other factors. Please consult with your bank or financial advisor before making investment decisions.
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