Streamline Returns with FD Calculator: Learn More

Streamline Returns with FD Calculator: Learn More

Fixed Deposit is one of the most used and safest financial instruments in India. It offers guaranteed returns with flexible tenure options. FD is offered by several banks and financial institutions to strike a perfect balance in your financial portfolio. The FD return calculator helps you calculate the maturity and interest amount you can earn by investing in your fixed deposit account. It also helps you to compare different tenure with different interest rates from various banks.

What is FD Return Calculator?

FD return calculator is an online tool that enables you to calculate the interest you can earn on your deposit for a specific term. It is very simple to use and will help you to compare various fixed deposit schemes provided by various banks. FD return calculator will make it easier for you to determine which bank and tenure would provide you with a sizeable fixed deposit maturity amount.

It takes into account the principal amount, the term, and the applicable rate of interest, to calculate the maturity amount. So, before you invest in a fixed deposit, it is very helpful to estimate your earnings ahead of time to make a more informed financial decision. There are also other types of calculators, like recurring deposit calculator.

Why Should You Use FD Return Calculator?

There are many reasons why you should use FD return calculator before investing in any fixed deposit scheme. Here are the some of them: 

  • Using this calculator requires minimal efforts as you do not have to use the complex FD calculation formula.
  • The FD return calculator saves time since you get the results in seconds.
  • It is a free online FD calculator which offers accurate and error-free results.
  • Because of the accuracy of FD return calculator, you will be able to plan your finances better.

How to Calculate Fixed Deposit Maturity Amount?

You can use the FD return calculator to know your fixed deposit maturity amount. You just have to go to the fixed deposit calculator online and choose the type of investment, tenure and your principal amount. Once you enter this data into the fixed deposit interest calculator, the total maturity amount of the fixed deposit along with the interest you will earn, and the principal will be automatically displayed.

Fixed Deposit

Formula to Calculate Compound Interest

A = P (1+r/n) ^ n*t


A = Maturity Amount

P = Principal Amount

r = Rate of interest

n = Number of compounding in a year

t = Number of years

How to Calculate Monthly Interest with FD Return Calculator?

Calculating the fixed deposit rate of interest is easy using the FD return calculator. Here are the steps of calculating your rate of interest in no time. If your bank is providing FD return calculator facility then go to the official website and follow the below steps.

  • Select your customer type from the given options (i.e New Customer/Existing Customer or Senior citizen).
  • Select the type of fixed deposit from cumulative or non-cumulative type.
  • Choose the amount that you want to invest.
  • Add the tenure of deposits.
  • Click on the calculation button.

After providing all the necessary information, the fixed deposit return calculator will automatically show the rate of interest to be earned, along with the maturity amount during the tenure.

Factors to be Considered While Using FD Return Calculator

In order to calculate the rate of interest on FDs by using FD return calculator, you should consider the following factors.

Deposit Amount

Deposit amount is the amount that you invest to open the FD account. The best part of fixed deposit is that you can invest with a minimum of Rs. 1000.

Rate of Interest

The interest rate may vary depending on the FD tenure and the bank. 

Deposit Tenure

Deposit tenure is based on the tenure that you have chosen for investing your money. However, you can invest for a minimum of 7 days to 10 years on FDs.

In case, you want to invest regularly in a savings scheme to earn guaranteed returns, you can also consider investing in the Recurring Deposit Scheme. You can use recurring deposit calculator to find out the interest and maturity you would earn through a RD (Recurring Deposit) offered by Indian banks and post office. RD is a simple investment option for savings that helps you to save for your future.


The FD return calculator has been designed to meet the requirements of its users and to provide adequate information. You can effortlessly calculate your interest, by using FD return calculator. It also reduces the need for manual calculation of interest.

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