Fixed Deposit. Maturity.
See exactly what your fixed deposit matures to — principal plus compounded interest — across quarterly, monthly, half-yearly or annual compounding.
What will your FD mature to?
Enter the principal, rate and tenure. We'll compound it at your chosen frequency and show the maturity and interest.
How fixed deposit maturity works
A fixed deposit pays a fixed interest rate for a fixed tenure, compounding periodically. Maturity = principal × (1 + rate ÷ n)^(n × years), where n is the number of compounding periods per year. More frequent compounding yields slightly more.
Indian SaaS context: Bank FDs typically compound quarterly. Interest is taxable at your slab and attracts TDS beyond ₹40,000/year (₹50,000 for seniors). Compare the post-tax FD return against debt funds before locking in.
Frequently asked questions
How is FD interest compounded?+
Most bank FDs compound quarterly — interest is added to the principal every three months and then itself earns interest. This calculator defaults to quarterly compounding; you can switch to monthly, half-yearly or annual.
Is FD interest taxable?+
Yes. FD interest is fully taxable at your slab rate, and banks deduct TDS once interest crosses ₹40,000 a year (₹50,000 for senior citizens). The maturity shown here is before tax.