FD Calculator
Calculate the maturity value of your Fixed Deposit.
Investment Details
₹1,00,000
7%
5
Projected Value
Based on your inputs, here is your FD projection.
Principal Amount
₹1,00,000
Total Interest
₹41,478
Maturity Value
₹1,41,478
About the Fixed Deposit (FD) Calculator
The Fixed Deposit (FD) Calculator is a simple yet essential tool for anyone looking to invest in one of the safest and most popular investment options in India. It helps you determine the maturity amount and the total interest you will earn on your lumpsum investment over a specific period. By allowing you to adjust the compounding frequency, the calculator provides a precise estimate of your returns, enabling better financial planning.
How to Use the FD Calculator
- Enter Principal Amount: Use the slider to input the lumpsum amount you want to invest in the FD.
- Set Interest Rate: Adjust the slider to the annual interest rate offered by your bank or financial institution.
- Choose the Tenure: Select the duration of your investment in years.
- Select Compounding Frequency: Choose how often the interest is compounded (e.g., quarterly, annually) from the dropdown menu.
- See Your Returns: The calculator instantly displays the projected maturity value and the total interest earned, with a pie chart for a clear visual breakdown.
Who Can Use This Calculator?
This calculator is ideal for a wide range of individuals, including:
- Conservative Investors: Who prefer guaranteed returns and low-risk investment avenues.
- Retirees: Who often rely on FD interest for a regular income stream.
- Anyone with a Lumpsum Amount: Individuals who have received a bonus, inheritance, or have savings they wish to invest securely.
- Financial Planners: To illustrate potential returns from FDs to their clients.